Earlier Report Observations
The oat market in Montenegro experienced notable fluctuations in volume between 2018 and 2023. After starting at 956.7 t in 2018, consumption dipped to 920.3 t the following year before surging to a peak of 1 031.3 t in 2020. This was followed by a correction to 959.5 t in 2021, then a recovery to 1 015.4 t in 2022, with the market stabilizing at 1 012.8 t in 2023.
Domestic oat production showed a general upward trend over the period, rising from 563.3 t in 2018 to 703.7 t in 2023. This increase in local output was accompanied by variable import volumes, which fell sharply in 2019 to 315.3 t before rising to 432.3 t in 2020. Imports continued to oscillate, significantly influencing the total market supply from year to year.
The overall market size remained within a band of approximately 920 t to 1 030 t throughout the six-year span. The significant production increase in 2023, reaching over 700 t, contributed to a balanced market volume despite lower import levels that year.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Montenegro
- 5.1.1. Annual dynamics of production in Montenegro in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Montenegro in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Montenegro
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production oats in Montenegro
In kind, 2017-2020, t
Top producers of oats, 2017-2020
World map of production of oats, 2017-2020
Montenegro's oats production grew for two consecutive years before declining. In 2019, production reached its peak at 605.0 t, representing a 7.4% increase from the previous year. However, in 2020, production fell slightly to 599.0 t, a 1.0% decrease from 2019. Over the entire period from 2017 to 2020, production increased by 8.7%, which translates to an average annual growth rate of 2.8%.
Annual dynamics of production in Montenegro in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.3% | 7.4% | (1.0%) | 2.8% |
Exports oats from Montenegro
According to industry reports, Montenegro did not export any oats between 2017 and 2020.
Imports oats to Montenegro
Imports in kind, t
After two years of decline, Montenegro's oats imports rebounded. In 2019, imports hit their lowest point at 315.3 t, a 19.8% drop from the previous year. In 2020, imports rose significantly to 432.3 t, marking a 37.1% increase compared to 2019. From 2017 to 2020, overall imports grew by 3.6%, with a compound annual growth rate of 1.2%.
Annual dynamics of product's imports to Montenegro in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.7%) | (19.8%) | 37.1% | 1.2% |
Between 2017 and 2020, Montenegro's oats imports were heavily concentrated on Serbia, which accounted for 89.8% of the total volume. Other trading partners made up the remainder.
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
Following two years of decrease, the value of oats imports into Montenegro increased. In 2019, imports reached their minimum at 103.6 thousand US dollars, an 8.4% decline from the prior year. In 2020, imports rose to 125.9 thousand US dollars, showing a substantial 21.5% growth over 2019. Over the 2017-2020 period, import value increased by 9.5%, with an average annual growth rate of 3.1%.
Annual dynamics of product's imports to Montenegro in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.7%) | (8.4%) | 21.5% | 3.1% |
From 2017 to 2020, Serbia was the dominant supplier of oats to Montenegro in value terms, holding a 91.0% share of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Montenegro in value, 2017-2020
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