Key Market Indicators
Montenegrin olive consumption is predicted to reach 1,000 metric tons by 2026, staying steady since 2021. The country was ranked 63rd in 2021, but Azerbaijan was the leader with 1,000 metric tons. Italy, the United States, and Greece followed in the second, third and fourth spots, respectively. Production of olives in Montenegro is predicted to fall from 302 metric tons in 2021 to 281.1 metric tons by 2026, a 1.2% decrease year-on-year. Since 2011, production in the country has decreased by 6% annually. Montenegro was 37th in 2021, with Bosnia and Herzegovina at the top with 302 metric tons. Italy, Morocco, and Greece followed in second, third, and fourth place.