Market research

In-shell walnuts market in Montenegro, 2026

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for in-shell walnuts in Montenegro displayed consistent stability from 2018 to 2024, with annual market volume fluctuating within a narrow band between 724 and 748 tons. Domestic production was the dominant component, remaining steady at approximately 725 tons each year, which anchored the overall market size throughout the period.

A temporary departure from this pattern occurred in 2019 when the market volume rose to 748 tons. This increase was entirely attributable to imports of 22.5 tons that year. Subsequently, imports fell back to minimal levels, and the market volume realigned closely with domestic production, reflecting the market's inherent stability and limited engagement in international trade for this product.

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. Annual dynamics of production in Montenegro in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Montenegro in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. 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 in-shell walnuts in Montenegro

In kind, 2017-2020, t

Top producers of in-shell walnuts, 2017-2020

Source: SHEV.io

World map of production of in-shell walnuts, 2017-2020

Source: SHEV.io

Montenegro's in-shell walnut production has increased for the third consecutive year. In 2020, the country produced 726.5 tonnes of in-shell walnuts, showing only a slight fluctuation compared to 2019 on a year-over-year basis.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.2%	0.2%	0.1%	0.5%

Source: SHEV.io

Exports in-shell walnuts from Montenegro

Marketing analysis shows that Montenegro did not export any in-shell walnuts from 2017 to 2020.

Imports in-shell walnuts to Montenegro

Imports in kind, kg

The market performance showed noticeable fluctuations during this period. The minimum volume was recorded in 2017, while the maximum was in 2019, with a 50-fold difference between these years. In 2020, Montenegro's imports of in-shell walnuts stood at 1 050 kg, down by 95.3% year-over-year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(95.3%)	32.6%

Source: SHEV.io

From 2017 to 2020, the structure of imports in kind was dominated by a single market: Ukraine, which accounted for 91.6% of total flows.

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

The market exhibited an unstable trend throughout this timeframe. The lowest value was in 2017, while the peak occurred in 2019, with a 7.7-fold amplitude between these years. In 2020, Montenegro imported a total of 4 796 US dollars worth of in-shell walnuts, which is 83.7% lower than the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(83.7%)	7.9%

Source: SHEV.io

Throughout 2017 to 2020, the country structure of imports in value terms was dominated by Ukraine, which accounted for 71.5% of total flows, while other destinations remained relatively small.

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