Key Market Indicators
Grape consumption in Montenegro is expected to remain steady at 6 thousand metric tons over the next five years. This places the country as the 87th largest grape consumer in the world in 2021, with Lithuania leading at 6 thousand metric tons. The US, India and Iran make up the second, third and fourth largest grape consumers respectively. Grape production in Montenegro is projected to decrease from 19,720 metric tons in 2021 to 15,420 metric tons by 2026. This marks a 4.1% year-on-year CAGR decline in production since 2011. Montenegro is currently the 69th largest producer, with Cuba leading at 19,720 metric tons. Italy, the US and Spain make up the second, third and fourth largest grape producers respectively.
