Market research

Cereal germ market in Montenegro

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The cereal germ market in Montenegro showed considerable volatility in volume from 2018 to 2023. It expanded to 145.3 tons in 2019 before entering a multi-year contraction, with the lowest point recorded at 98.5 tons in 2022. A strong rebound occurred in 2023, lifting the market volume to 130.9 tons.

The market recovery in 2023 was accompanied by export activity, as Montenegro shipped cereal germ to Turkey, providing a channel for domestic production. The operating environment for the market is further defined by Montenegro's continuous efforts to harmonize its legislation with EU standards, including food safety and new packaging rules for food-contact materials that took effect in 2024.

Broader European consumer trends favoring healthier and protein-enriched cereal products influence demand in Montenegro. While no major new production facilities or significant state-owned players emerged in this period, the EU-Montenegro Stabilization and Association Agreement facilitates export opportunities for Montenegrin agricultural goods.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Montenegro
  1. 5.1.1. In kind, 2018-2023, K t
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production cereal germ in Montenegro

In kind, 2017-2020, K t

Top producers of cereal germ, 2017-2020

Source: SHEV.io

World map of production of cereal germ, 2017-2020

Source: SHEV.io

Montenegro's cereal germ production saw a two-year increase before declining. In 2019, production reached its peak at 0.1 thousand tons, but by 2020 it had fallen to the same level, marking a 10.7% decrease from the previous year. Over the period from 2017 to 2020, production grew by 39.9%, which translates to an average annual increase of 11.8%. The most significant year-on-year growth occurred in 2018, with a 39.3% rise.

Annual dynamics of production in Montenegro in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	39.3%	12.4%	(10.7%)	11.8%

Source: SHEV.io

Exports cereal germ from Montenegro

Market research indicates that Montenegro did not export any cereal germ between 2017 and 2020.

Imports cereal germ to Montenegro

Imports in kind, kg

Cereal germ imports into Montenegro showed notable fluctuations during this period. The lowest import volume was recorded in 2018 at 1 013 kg, while imports peaked in 2019 at 8 243 kg—an 8.1-fold difference between these two years. In 2020, imports dropped to 1 628 kg, representing an 80.3% decrease compared to 2019. The most substantial increase occurred in 2019, with imports surging by 714.1%.

Annual dynamics of product's imports to Montenegro in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(20.1%)	714.1%	(80.3%)	8.7%

Source: SHEV.io

From 2017 to 2020, Slovenia and Serbia were the dominant sources of Montenegro's cereal germ imports, together accounting for 98.5% of the total volume. Other countries contributed smaller, more varied shares.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Montenegro in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

Cereal germ import values exhibited irregular changes, reflecting a volatile market. The lowest value was recorded in 2018 at 1 343 US dollars, while the peak occurred in 2019 at 9 317 US dollars—a 6.9-fold swing. In 2020, import values fell to 2 312 US dollars, a 75.2% drop from the previous year. The largest increase was in 2019, with values rising by 594.0%.

Annual dynamics of product's imports to Montenegro in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(17.0%)	594.0%	(75.2%)	12.7%

Source: SHEV.io

Between 2017 and 2020, Slovenia and Serbia continued to be the primary suppliers of cereal germ to Montenegro in value terms, jointly representing 90.0% of total imports. The remaining imports were spread across a range of other countries.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Montenegro in value, 2017-2020

Source: SHEV.io