Key Market Indicators
Montenegro came in at number 99 in 2018, Namibia being at the top of the list with 1 Thousand Metric Tons. New Zealand, Germany and France respectively came in at numbers 2, 3 and 4 in this ranking. By 2026, Montenegrin butter production is forecast to reach 437 metric tons, a 0.5% decrease from 2021. This follows an annual growth rate of 1% since 2011. Montenegro ranked 98th in 2021, with Namibia leading the list at 450 metric tons. New Zealand, Germany and France ranked second, third and fourth respectively. In 2018, Montenegrin butter consumption rose to 1 thousand metric tons from the previous year. The country was ranked 99th, with Namibia remaining in first place at 1 thousand metric tons. New Zealand, Germany and France followed in second, third and fourth place respectively.