Dried shelled beans market in Montenegro

Earlier Report Observations

The market for dried shelled beans in Montenegro experienced notable fluctuations between 2018 and 2023. After starting at 1 416 tons in 2018, consumption dropped to 1 236 tons in 2020, a reduction of nearly 13% over two years. This was followed by a significant rebound in 2021, when the market volume jumped to 1 380 tons, recovering most of the earlier losses. The market then stabilized at around 1 370 tons in 2022 and 2023, indicating a return to more consistent demand levels.

Domestic production of dried shelled beans remained relatively stable throughout the period, ranging from 245 tons to 257 tons annually. Consequently, changes in market size were primarily driven by imports, which accounted for the bulk of supply. Imports fell from 1 183 tons in 2018 to 1 039 tons in 2020, then rose to 1 147 tons in 2021 before easing again. This import volatility mirrored the overall market trajectory, highlighting Montenegro's reliance on foreign sources for dried beans.

Production dried shelled beans in Montenegro

In kind, 2017-2020, t

Top producers of dried shelled beans, 2017-2020

World map of production of dried shelled beans, 2017-2020

In 2020, Montenegro produced 255.6 tons of dried shelled beans, showing little change from the previous year. Looking at the period from 2017 to 2020, production decreased by 3.6%, with an average annual decline of 1.2%. The lowest production level was recorded in 2018 at 245.0 tons, which saw the largest drop of 7.5%. In contrast, 2019 experienced the biggest increase of 4.8%.

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

Exports dried shelled beans from Montenegro

Exports in kind, t

In 2020, Montenegro exported 59 tons of dried shelled beans, representing a dramatic surge of 1 233.3% compared to the previous year. From 2017 to 2020, exports grew by 6 440.4%, with an average annual growth rate of 302.9%.

Annual dynamics of product's exports from Montenegro in kind, 2017-2020, t

Between 2017 and 2020, Serbia and Albania were the two primary markets for Montenegro's dried shelled bean exports, together accounting for 100.0% of total export volumes.

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

World map of product's exports from Montenegro in kind, 2017-2020

Exports in value, K $ US

In 2020, the value of dried shelled beans exported from Montenegro reached 54 thousand US dollars, a sharp increase of 803.7% from the prior year. From 2017 to 2020, export values rose by 4 283.8%, translating to an average annual growth rate of 252.6%.

Annual dynamics of product's exports from Montenegro in value, 2017-2020, K $ US

From 2017 to 2020, Serbia and Albania dominated Montenegro's dried shelled bean exports in value terms, with Serbia accounting for 87.2% and Albania for 12.8% of total flows, together making up 100.0%.

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

World map of product's exports from Montenegro in value, 2017-2020

Imports dried shelled beans to Montenegro

Imports in kind, t

Montenegro's imports of dried shelled beans declined for the third year in a row in 2020, reaching 1 039 tons, a modest decrease of 6.6% compared to 2019. Over the 2017-2020 period, imports fell by 15.4%, with an average annual decline of 5.4%.

Annual dynamics of product's imports to Montenegro in kind, 2017-2020, t

Between 2017 and 2020, Kyrgyzstan, Canada, and Argentina were the main sources of dried shelled bean imports to Montenegro in volume terms. Kyrgyzstan accounted for 50.5%, Canada for 21.9%, and Argentina for 8.2% of imports, collectively representing 80.6% of total flows.

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

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

Imports in value, K $ US

After two years of decline, Montenegro's imports of dried shelled beans increased in 2020, totaling 1 315 thousand US dollars, a slight rise of 1.4% year-over-year. However, over the 2017-2020 period, import values decreased by 7.1%, with an average annual decline of 2.4%. The lowest value was recorded in 2019 at 1 297 thousand US dollars, following the largest drop of 4.3% in 2018.

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

From 2017 to 2020, Kyrgyzstan, Canada, and Argentina remained the key suppliers of dried shelled beans to Montenegro in value terms. Kyrgyzstan contributed 48.2%, Canada 24.2%, and Argentina 7.3% of total import value, together accounting for 79.7%.

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

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