Market research

Maize market in Montenegro

Maize market in Montenegro

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2023, the maize market in Montenegro experienced significant fluctuations. After reaching a peak of 34 059 t in 2019, market volume declined over the next three years, hitting a low of 23 365 t in 2022, before rebounding sharply to 33 181 t in 2023.

These movements were largely driven by changes in import volumes, which fell from over 31 000 t in 2019 to around 20 000 t in 2022 before recovering in 2023. Domestic maize production remained relatively stable, contributing less to overall market size variations.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 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. 6. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, K $ 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/kg
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/kg
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, K $ 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/kg
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/kg
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Montenegro in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Montenegro by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Montenegro in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Montenegro by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Montenegro, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's exports from Montenegro by countries, 2018-2024, $ US/kg
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Montenegro in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Montenegro by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Montenegro in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Montenegro by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Montenegro, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's exports from Montenegro by countries, 2018-2024, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production maize in Montenegro

In kind, 2017-2020, t

Top producers of maize, 2017-2020

Source: SHEV.io

World map of production of maize, 2017-2020

Source: SHEV.io

Montenegro's maize production saw a two-year increase before declining. In 2019, production reached its peak at 2 773 tonnes. However, by 2020, it had fallen to 2 547 tonnes, marking a moderate decrease of 8.2% compared to the previous year. Over the period from 2017 to 2020, overall production decreased by 5.9%, which translates to an average annual decline of 2.0%. The largest year-on-year increase occurred in 2018, when production rose by 1.3%.

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

Parameter201820192020CAGR
1Change from last year1.3%1.1%(8.2%)(2.0%)
Source: SHEV.io

Exports maize from Montenegro

Exports in kind, t

The market for maize exports from Montenegro showed significant volatility during these years. In 2019, exports hit their lowest point, but they surged dramatically in 2020, reaching 327 tonnes. This represented an extraordinary increase of 40 835 400.0% compared to 2019, with the difference between the two years being 408 355 times greater.

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

Parameter201820192020CAGR
1Change from last yearn/an/a40 835 400.0%1 029.3%
Source: SHEV.io

From 2017 to 2020, nearly all of Montenegro's maize exports in volume terms were directed to Albania, which accounted for 99.5% of the total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Market performance for maize exports in value terms exhibited noticeable fluctuations over this period. In 2019, volumes were at their lowest, but by 2020, they had soared to 72 thousand US dollars. This represents a steep gain of 431 780.7% compared to the previous year, with a 4 319-fold difference between the high in 2020 and the low in 2019.

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

Parameter201820192020CAGR
1Change from last yearn/an/a431 780.7%534.7%
Source: SHEV.io

Throughout 2017 to 2020, Albania remained the dominant partner for Montenegro's maize exports in value terms, making up 98.2% of the total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports maize to Montenegro

Imports in kind, t

Montenegro's maize import volume experienced a two-year gain before declining. In 2019, imports peaked at 31 286 tonnes, but by 2020, they had dropped to 29 169 tonnes, reflecting a decrease of 6.8%. Over the 2017-2020 period, imports overall increased by 25.8%, with a compound annual growth rate of 8.0%. The largest year-on-year increase was recorded in 2018, at 19.5%.

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

Parameter201820192020CAGR
1Change from last year19.5%12.9%(6.8%)8.0%
Source: SHEV.io

From 2017 to 2020, Montenegro's imports of maize in volume terms were highly concentrated, with Serbia alone responsible for 99.2% of the 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, K $ US

In 2020, Montenegro's maize import volume in value terms reached 5 622 thousand US dollars, showing a limited uptick of 4.1% compared to 2019. Over the 2017-2020 period, imports increased by 29.3%, with a compound annual growth rate of 8.9%. The largest increase occurred in 2018, at 24.3%, while the largest decline was in 2019, at 0.0%.

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

Parameter201820192020CAGR
1Change from last year24.3%(0.0%)4.1%8.9%
Source: SHEV.io

During 2017 to 2020, Montenegro's imports of maize in value terms were heavily focused on Serbia, which accounted for 97.4% of the total flows.

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

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