Market research

Starches market in Montenegro

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The starch market in Montenegro showed considerable volatility between 2018 and 2023. The market volume grew significantly to 6 514 t in 2019, marking a peak for the period. This was followed by a sustained contraction over the next three years, with the market falling to 3 563 t in 2022—a drop of over 45% from the high. A partial recovery occurred in 2023, lifting the volume to 4 117 t.

This movement was primarily driven by changes in domestic production, which mirrored the market's trajectory, falling from 6 387 t in 2019 to 3 404 t in 2022 before increasing to 3 915 t in 2023. Imports provided a consistent, though small, supplementary supply, ranging from 108 t to 202 t annually throughout the period.

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/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, 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/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, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ 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 starches in Montenegro

In kind, 2017-2020, K t

Top producers of starches, 2017-2020

Source: SHEV.io

World map of production of starches, 2017-2020

Source: SHEV.io

Starch production in Montenegro rose for two consecutive years before declining in 2020. That year, production totaled 5 K t, marking a 14.3% decrease compared to 2019. Over the 2017-2020 period, production grew by 14.5%, with a compound annual growth rate (CAGR) of 4.6%. The highest production level was recorded in 2019 at 6 K t, which also saw the largest annual increase of 22.0%.

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 starches from Montenegro

Exports in kind, t

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, the export market structure was highly concentrated, with the Netherlands accounting for 100.0% of total exports in kind.

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

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

During the 2017-2020 period, the Netherlands was the nearly exclusive buyer of starches from Montenegro, purchasing 100.0% of total exports in value terms.

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 starches to Montenegro

Imports in kind, t

Starch imports into Montenegro fell for the third year in a row in 2020. Imports that year amounted to 108.2 t, showing a significant decrease of 14.5% from 2019. Over the 2017-2020 period, imports dropped by 28.9%, with a compound annual decline rate (CAGR) of 10.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.8%)	(3.4%)	(14.5%)	(10.7%)

Source: SHEV.io

From 2017 to 2020, Serbia (51.8% of imports in kind), Czechia (16.1%), and Austria (12.5%) consistently held the top positions in the import structure by volume. Together, these three countries accounted for 80.4% of total imports in kind.

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, cross-border shipments of starches to Montenegro reached 95.6 K $ US, reflecting a sharp decline of 21.6% compared to 2019. Over the 2017-2020 period, imports decreased by 11.3%, with a compound annual decline rate (CAGR) of 3.9%. The highest value was recorded in 2019 at 122.0 K $ US, which also saw the largest annual increase of 19.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.1%)	19.2%	(21.6%)	(3.9%)

Source: SHEV.io

Between 2017 and 2020, Serbia (45.2% of imports in value terms), Czechia (17.7%), and Austria (13.8%) led the ranking of starch suppliers to Montenegro. Their combined share reached 76.8% of total imports in value terms.

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