Key Market Indicators
Montenegro's gas turbine imports are projected to reach approximately $79,000 by 2028, a rise from around $72,000 in 2023. This represents an average annual growth rate of 1.6%. Despite this growth, the demand for gas turbines in Montenegro has seen a significant decline. Since 2011, the country's demand has decreased by 5.2% each year. Additionally, Montenegro's domestic supply of gas turbines has faced an even steeper drop. Since 2012, the supply has plummeted by 47.5% annually.
