Market research

Sheep and goat meat market in Montenegro

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for sheep and goat meat in Montenegro increased from 2 283 tons in 2018 to 2 511 tons in 2019, representing a growth of 10%. However, in 2020, the market contracted sharply to 1 947 tons, a drop of 22.5% from the previous year. This was followed by a recovery to 2 113 tons in 2021, though the market did not return to its 2019 peak.

After 2021, the market volume showed a gradual decline, falling to 2 089 tons in 2022 and 2 004 tons in 2023. Domestic production followed a similar pattern, while imports, though accounting for a small share, decreased steadily from 170 tons in 2018 to 26 tons in 2023.

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, 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. 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. 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. 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 sheep and goat meat in Montenegro

In kind, 2017-2020, K t

Top producers of sheep and goat meat, 2017-2020

Source: SHEV.io

World map of production of sheep and goat meat, 2017-2020

Source: SHEV.io

In 2020, Montenegro produced 2 thousand tons of sheep and goat meat, representing a 19.8% decrease compared to the previous year. Over the 2017-2020 period, production declined by 19.6%, with a compound annual growth rate of 7.0%. The highest production level was recorded in 2019 at 2 thousand tons, which also saw the most significant annual increase of 12.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.5%)	12.0%	(19.8%)	(7.0%)

Source: SHEV.io

Exports sheep and goat meat from Montenegro

Market research indicates that Montenegro did not export any sheep and goat meat between 2017 and 2020.

Imports sheep and goat meat to Montenegro

Imports in kind, t

Montenegro's imports of sheep and goat meat declined for the second consecutive year. In 2020, the country imported {value_last_year} tons, representing a sharp 65.6% decrease from 2019 levels. Over the 2017-2020 period, imports fell by 68.9%, with a compound annual growth rate of 32.2%. The peak import volume occurred in 2018 at 170.0 tons, which also recorded the largest annual increase of 6.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.2%	(14.7%)	(65.6%)	(32.2%)

Source: SHEV.io

Between 2017 and 2020, North Macedonia and Serbia dominated Montenegro's sheep and goat meat imports, collectively accounting for 97.9% of total volume. The remaining share was distributed among other markets.

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

Montenegro's sheep and goat meat imports declined for the second year in a row. In 2020, import value reached 291.1 thousand US dollars, marking a dramatic 65.8% decrease from 2019. Over the 2017-2020 period, import value fell by 63.9%, with a compound annual growth rate of 28.8%. The highest import value was recorded in 2018 at 941.8 thousand US dollars, which also saw the largest annual increase of 16.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.9%	(9.7%)	(65.8%)	(28.8%)

Source: SHEV.io

From 2017 to 2020, Montenegro's sheep and goat meat imports were highly concentrated in terms of value, with North Macedonia and Serbia together accounting for 91.9% of total imports. Other trading partners represented the remaining share.

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