Key Market Indicators
Montenegro's expenditure on home goods is projected to reach approximately €506 million by 2028, up from about €466 million in 2023. This represents an average annual growth rate of 1.3%. Since 2011, Montenegrin demand for home goods has increased at an annual rate of 2.6%. In the 2023 rankings, Montenegro placed 34th, with Iceland just ahead at €466 million. Leading the rankings, Italy, the United Kingdom, and France secured the second, third, and fourth positions respectively.