Key Market Indicators
Montenegro's plastic import sector is projected to see a significant increase, reaching approximately $115.5 million by 2028. This marks a rise from around $103 million in 2023, with an average growth rate of 1.9% annually. Since 2011, the demand for plastic in Montenegro has consistently grown by an average of 1.4% each year. On the export front, Montenegro is expected to expand its plastic exports to nearly $5 million by 2028, up from about $4.1 million in 2023. This represents an average annual growth rate of 3%. Remarkably, Montenegrin plastic supply has surged by 5% each year since 2011, underscoring the country’s growing role in the international plastic market.
