Key Market Indicators
Wine consumption in Montenegro is expected to reach 12,000 metric tons by 2026, up from 11,400 metric tons in 2021. This represents an average annual growth rate of 0.9%. Since 2017, demand for wine in Montenegro has increased by 1.2% each year. In 2021, Montenegro ranked 62nd in the world, slightly below Uzbekistan's 11,400 metric tons. France, the United States, and Italy respectively ranked 2nd, 3rd, and 4th in this ranking. Wine production in Montenegro is projected to fall from 13,310 metric tons in 2021 to 12,810 metric tons in 2026, a decrease of 0.9% on average each year. Since 2011, supply of wine in Montenegro has dropped 5% annually. In 2021, Montenegro was ranked 42nd in the world, just below Azerbaijan's 13,310 metric tons. France, Spain, and the United States respectively ranked 2nd, 3rd, and 4th in this ranking.
Montenegro Wine Market Data and Forecasts
How much will Montenegro Wine Market grow to 2026?
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