Wheat and meslin flour and cereals market in Montenegro

Earlier Report Observations

The market volume for wheat and meslin flour and cereals in Montenegro reached 57 351 t in 2019, then contracted by 8.4% to 52 543 t in 2020. It saw a marginal recovery of 1.2% to 53 189 t in 2021 and stabilized near that level at 53 234 t in 2022, before declining again by 8.7% to 48 613 t in 2023.

In 2024, imports rose by 5.3% to 50 903 t, supported by government measures including the temporary removal of the 7% VAT on flour and a reduction in fuel excise duties to alleviate inflationary pressures. Concurrently, the market was supplied with significant quantities of flour and cereals imported from Bulgaria, and authorities worked with Serbia to secure stable access to essential food exports, ensuring supply chain stability. Domestic production remained minimal throughout the period, not exceeding 600 t annually, against a backdrop of significant arable land potential for increasing cereal cultivation.

Production wheat and meslin flour and cereals in Montenegro

In kind, 2017-2020, K t

Top producers of wheat and meslin flour and cereals, 2017-2020

World map of production of wheat and meslin flour and cereals, 2017-2020

In 2020, Montenegro produced 0.2 thousand tonnes of wheat and meslin flour and cereals, representing a significant decrease of 60.4% compared to the previous year.

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

Exports wheat and meslin flour and cereals from Montenegro

Exports in kind, t

The market showed an unstable trend throughout the period. From 2017 to 2019, exports experienced extreme fluctuations, with a peak-to-trough amplitude of 1 838 times. In 2019, exports reached their minimum at just 1 tonne, marking the largest decline of 99.4%. However, in 2020, Montenegro's exports of wheat and meslin flour and cereals rebounded sharply to 179 tonnes, which is 11 840.9% higher than in 2019.

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

Between 2017 and 2020, the country structure of exports in kind was highly concentrated, with Albania alone accounting for 95.2% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Montenegro in kind, 2017-2020

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Exports peaked in 2017 and fell to a trough in 2019, changing by 150 times over this period. In 2019, the minimum value was recorded at 4 thousand US dollars, with the largest decline of 94.9%. In 2020, Montenegro exported 55 thousand US dollars worth of wheat and meslin flour and cereals, showing a substantial improvement of 1 269.6% compared to the previous year.

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

From 2017 to 2020, Albania was by far the main destination for exports in value terms of wheat and meslin flour and cereals from Montenegro, accounting for 92.3% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Montenegro in value, 2017-2020

Imports wheat and meslin flour and cereals to Montenegro

Imports in kind, t

After a two-year uptick, Montenegro's volume of wheat and meslin flour and cereals imports declined. In 2019, imports reached their maximum at 56 765 tonnes, with the largest increase of 6.2%. In 2020, imports amounted to 52 489 tonnes, reflecting a limited reduction of 7.5% year-on-year.

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

Between 2017 and 2020, Serbia held the dominant position in imports in kind, accounting for 88.8% of total flows, while the remaining share was distributed among various smaller destinations.

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

After a two-year increase, Montenegro's wheat and meslin flour and cereals imports declined. In 2019, imports peaked at 18 490 thousand US dollars, recording the largest increase of 18.7%. In 2020, imports totalled 17 218 thousand US dollars, corresponding to a decline of 6.9% compared to 2019. Over the period 2017-2020, imports increased by 20%, with a compound annual growth rate of 6.3%.

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

From 2017 to 2020, Serbia was the dominant supplier of wheat and meslin flour and cereals to Montenegro, accounting for 84.7% of total imports in value terms, with other countries sharing the remaining volume.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Montenegro in value, 2017-2020