As of 2023, Montenegro's import volume for windows, French windows, and their frames of wood was recorded at 160.21 thousand kilograms. Forecasts indicate a steady decline, with values dropping to 148.92 thousand kilograms in 2024, followed by ongoing reductions each subsequent year, ultimately reaching 110.6 thousand kilograms by 2028. The year-on-year percentage changes reveal a consistent decrease, highlighting a pattern of diminishing demand or possible shifts towards domestic production or alternative materials. The compound annual growth rate (CAGR) over these five years shows a continuous contraction at an average annual rate.
Future trends to consider include potential changes in construction practices, a shift towards more sustainable or innovative materials, economic factors influencing import policies, and technological advancements that might alter demand for traditional wooden frames. Monitoring these could provide insights into the evolving market dynamics in this sector.
