Key Market Indicators
Montenegro's nickel imports are projected to hit approximately $1.1 million by 2028, rising from around $1 million in 2023. This marks an annual growth rate of 1.1%. Since 2011, the country's demand for nickel has seen a modest year-on-year increase of 0.4%. On the supply side, Montenegro has experienced a significant boost. Since 2013, the nation's nickel supply has surged by an impressive 184% annually.