Key Market Indicators
**Montenegrin Wine Consumption to Reach 12,800 Metric Tons by 2028** Montenegro's wine consumption is projected to climb to approximately 12,800 metric tons by 2028, up from around 12,000 metric tons in 2023. This marks a steady annual growth rate of 1%. Since 2019, the demand for wine in Montenegro has seen an annual increase of 1.8%. In the global ranking of wine consumption for 2023, Montenegro secured the 61st spot, with Mexico slightly ahead at 12,000 metric tons. Leading the pack were France, the United States, and Italy, holding the second, third, and fourth positions respectively. **Wine Production in Montenegro to Decline Slightly** Conversely, Montenegrin wine production is expected to dip slightly, reaching about 13,300 metric tons by 2028, down from 13,800 metric tons in 2023. This represents a modest annual decline of 0.6%. Since 2011, the country’s wine supply has decreased by 0.8% annually. In 2023, Montenegro ranked 41st in wine production, with Slovenia just ahead at 13,800 metric tons. The top producers in this category were France, Spain, and the United States, occupying the second, third, and fourth positions respectively.
