Market research

Unmanufactured tobacco and refuse market in Montenegro

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for unmanufactured tobacco in Montenegro expanded consistently from 163.4 t in 2018 to 236.4 t in 2022, before a minor reduction to 233.1 t in 2023. The most significant growth occurred in 2021, when the market volume jumped by over 40 t to 234.6 t.

This increase was underpinned by stable domestic production, which stayed above 230 t each year, coupled with shifting trade patterns. Imports, which were zero in 2019, rebounded to 33.5 t in 2020 and 32.7 t in 2021, adding to supply. Concurrently, exports fell sharply from 84.1 t in 2018 to nil by 2023, making more tobacco available for the domestic market.

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. 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Montenegro in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Montenegro by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Montenegro in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Montenegro by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Montenegro, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Montenegro by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Montenegro in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Montenegro by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Montenegro in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Montenegro by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Montenegro, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Montenegro by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Montenegro in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Montenegro by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Montenegro in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Montenegro by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Montenegro, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Montenegro by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  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 unmanufactured tobacco and refuse in Montenegro

In kind, 2017-2020, t

Top producers of unmanufactured tobacco and refuse, 2017-2020

Source: SHEV.io

World map of production of unmanufactured tobacco and refuse, 2017-2020

Source: SHEV.io

Production of unmanufactured tobacco and refuse in Montenegro has declined for the third consecutive year. In 2020, Montenegro produced 231.2 t of unmanufactured tobacco and refuse, representing a slight decrease of 1.6% compared to 2019. Between 2017 and 2020, production fell by 3.7%, which translates to an average annual decline of 1.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.9%)	(1.3%)	(1.6%)	(1.2%)

Source: SHEV.io

Exports unmanufactured tobacco and refuse from Montenegro

Exports in kind, t

After two years of decline, exports of unmanufactured tobacco and refuse from Montenegro rebounded. In 2020, export volume reached 70.2 t, marking a significant increase of 45.4% compared to the previous year. However, between 2017 and 2020, exports decreased by 49.3%, with an average annual decline of 20.3%. The lowest export volume was recorded in 2019 at 48.2 t, which also saw the largest decline of 42.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(39.2%)	(42.7%)	45.4%	(20.3%)

Source: SHEV.io

From 2017 to 2020, the primary buyers of unmanufactured tobacco and refuse from Montenegro were Serbia (47.8% of exports in kind), the United Arab Emirates (22.2%), and North Macedonia (18.3%). Together, these three countries accounted for 88.3% 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

The market showed an unstable trend throughout the period. Exports in value terms reached their lowest point in 2019 at 113.5 K $ US, before recovering to 221.6 K $ US in 2020, representing a dramatic increase of 95.2% compared to the previous year. The peak was recorded in 2017, with a 2.8-fold difference between the highest and lowest values. The largest decline occurred in 2018 at 46.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(46.5%)	(32.8%)	95.2%	(11.1%)

Source: SHEV.io

From 2017 to 2020, Serbia (40.2% of exports in value terms), the United Arab Emirates (28.8%), and North Macedonia (20.0%) were the leading destinations for exports of unmanufactured tobacco and refuse from Montenegro in value terms. Collectively, they accounted for 89.0% of total export 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 unmanufactured tobacco and refuse to Montenegro

Imports in kind, t

The market exhibited volatility during these years. Imports peaked in 2017 and reached their lowest point in 2018, with a 7.7-fold fluctuation between these years. In 2020, Montenegro's import volume of unmanufactured tobacco and refuse totaled 33.5 t, reflecting a dramatic drop of 87.1% compared to 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(87.1%)	n/a	n/a	(23.4%)

Source: SHEV.io

From 2017 to 2020, Greece (52.2% of imports in kind), Albania (11.2%), and Zimbabwe (8.2%) were the main sources of unmanufactured tobacco and refuse imports to Montenegro. Together, they absorbed 71.5% 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, Montenegro's imports of unmanufactured tobacco and refuse in value terms were recorded at 15.9 K $ US, representing an 89.0% reduction compared to 2019. Over the period from 2017 to 2020, imports decreased by 91.3%, with a compound annual growth rate (CAGR) of -55.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(89.0%)	n/a	n/a	(55.6%)

Source: SHEV.io

From 2017 to 2020, Greece remained the dominant partner for imports of unmanufactured tobacco and refuse to Montenegro in value terms, accounting for 76.3% of total flows. Other markets contributed to the remaining share, forming a long tail.

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