Market research

Maize starch 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 maize starch market in Montenegro experienced considerable fluctuations between 2018 and 2023. It surged by 22% in 2019 to reach 6 438 t, a peak driven by a concurrent rise in domestic production. This was followed by a multi-year downturn.

The global COVID-19 pandemic in 2020 disrupted supply chains, contributing to a 14% market contraction that year. The decline continued, with the market volume falling to a low of 3 476 t in 2022 as production levels decreased significantly.

A rebound began in 2023, with the market growing 15% to 4 005 t. Imports remained a marginal source of supply throughout the period, never surpassing 90 t annually, underscoring the market's reliance on domestic output.

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 maize starch in Montenegro

In kind, 2017-2020, K t

Top producers of maize starch, 2017-2020

Source: SHEV.io

World map of production of maize starch, 2017-2020

Source: SHEV.io

Montenegro's maize starch production saw a two-year increase before declining. In 2019, production peaked at 6.4 thousand tonnes, marking a significant 22.0% rise from the previous year. However, by 2020, output had fallen to 5.5 thousand tonnes, representing a sharp 14.3% decrease compared to 2019. Over the entire 2017-2020 period, production grew by 14.5%, with an average annual growth rate of 4.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.4%	22.0%	(14.3%)	4.6%

Source: SHEV.io

Exports maize starch from Montenegro

According to market reports, Montenegro did not export any maize starch between 2017 and 2020.

Imports maize starch to Montenegro

Imports in kind, kg

Imports of maize starch into Montenegro fell for the third year in a row. In 2019, imports stood at a higher level, but by 2020 they had dropped to 47 741 kilograms, a moderate 6.5% decrease year-on-year. From 2017 to 2020, imports declined by 40.6%, which translates to an average annual reduction of 16.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(23.3%)	(17.3%)	(6.5%)	(16.0%)

Source: SHEV.io

Between 2017 and 2020, Serbia dominated Montenegro's maize starch imports, accounting for 96.2% of the total volume.

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 value of maize starch imports into Montenegro decreased for the third consecutive year. In 2019, imports were higher, but in 2020 they totalled 36 511 US dollars, a 7.5% drop from the previous year. Over the 2017-2020 period, import values fell by 26.8%, with an average annual decline of 9.9%.

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