Key Market Indicators
In 2021, Montenegro ranked number 103, with Japan standing at number 1, with exports of $8,480. The United Kingdom, China, and Germany respectively ranked numbers 2, 3 and 4 in this ranking. Demand for Montenegrin sparkling wine is set to grow 3.1% year-on-year on average, reaching nearly $1.8 million by 2026. This marks an increase of 8.7% since 2011. Mozambique is currently the biggest importer at $1.5 million, followed by the UK, Japan and Germany. Supply of Montenegrin sparkling wine is on the decline, with exports falling 12.8% in 2018 compared to 2017. Since 2011, it has dropped by 36.6%. Japan is the biggest exporter at $8.5 million, followed by the UK, China and Germany.
