Fruit and vegetable juices market in Montenegro

Earlier Report Observations

The market for fruit and vegetable juices in Montenegro contracted sharply between 2018 and 2020, with volume dropping by over 20% from 5 499 тыс. л to 4 293 тыс. л.

A sustained recovery began in 2021, driving growth over the next three years. By 2023, the market had nearly returned to its 2018 level, reaching 5 142 тыс. л, with the strongest expansion occurring in 2022.

Overall, the period ended with market volume stabilizing close to where it started, demonstrating a full recovery from the earlier decline.

Production fruit and vegetable juices in Montenegro

In kind, 2017-2020, M l

Top producers of fruit and vegetable juices, 2017-2020

World map of production of fruit and vegetable juices, 2017-2020

Fruit and vegetable juice production in Montenegro has declined for the second year in a row. In 2020, Montenegro produced 1 million liters of fruit and vegetable juices, which represents a 0.6% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 10.5%, with an average annual decline of 3.6%. The highest production level was recorded in 2018 at 1 million liters. The most significant drop occurred in 2019, when production decreased by 14.7%, while the largest increase was seen in 2018 with a 5.5% rise.

Annual dynamics of production in Montenegro in kind, 2017-2020, M l

Exports fruit and vegetable juices from Montenegro

Exports in kind, K l

There were noticeable fluctuations in market performance during this period. Export volumes reached their lowest point in 2020 and peaked in 2019, with the peak being 7.4 times higher than the trough. In 2020, Montenegro exported 1 thousand liters of fruit and vegetable juices, marking an 86.4% decline compared to the previous year. The maximum export volume was recorded in 2019 at 7 thousand liters, which also saw the largest increase of 182.9%.

Annual dynamics of product's exports from Montenegro in kind, 2017-2020, K l

From 2017 to 2020, Serbia held the dominant position in Montenegro's exports in volume terms, accounting for 70.3% of total flows, while the remaining share was distributed among various smaller destinations.

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

Fruit and vegetable juice exports from Montenegro have declined for the third consecutive year. In 2020, exports totaled 1 thousand US dollars, reflecting a sharp decline of 91.0% compared to 2019. Between 2017 and 2020, exports decreased by 95.5%, which equates to an average annual decline of 64.4%.

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

Throughout the period from 2017 to 2020, Serbia, Croatia, and Bosnia and Herzegovina were the key destinations for Montenegro's exports in value terms. Serbia accounted for 66.8% of exports, Croatia for 4.4%, and Bosnia and Herzegovina for 3.4%, together representing 74.5% of total export flows.

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

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

Imports fruit and vegetable juices to Montenegro

Imports in kind, K l

The volume of fruit and vegetable juice imports into Montenegro declined for the second consecutive year. In 2020, imports amounted to 3 588 thousand liters, representing a significant decline of 12.0% from the previous year. Between 2017 and 2020, imports decreased by 12.2%, with an average annual decline of 4.3%. The highest import volume was recorded in 2018 at 4 669 thousand liters. The largest decline occurred in 2019 with a 12.7% drop, while the largest increase was seen in 2018 with a 14.2% rise.

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

From 2017 to 2020, Serbia dominated Montenegro's import structure in volume terms, holding a share of 94.6% 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

Montenegro's fruit and vegetable juice import volume declined for the second consecutive year. In 2020, imports amounted to 2 407 thousand US dollars, down by 17.9% year-on-year. Over the period from 2017 to 2020, imports decreased by 13.6%, with an average annual decline of 4.8%. The maximum value was recorded in 2018 at 3 340 thousand US dollars, which also saw the largest increase of 19.9%.

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

In the period from 2017 to 2020, Montenegro's import structure in value terms was strongly focused on Serbia, which accounted for 86.9% of total flows, with other partners making up the remaining volume.

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

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