Key Market Indicators
Montenegro's shrimp import is expected to hit 276,260 kilograms by 2026, up from 229,040 kilograms in 2021. This represents an average growth rate of 3% year-on-year. Since 2011, the demand for Montenegrin shrimp has increased by 10.4% year-on-year. In 2021, Montenegro was ranked 76th in the world, while Malta was ahead of it at 229,040 kilograms. China, Spain and Japan ranked second, third and fourth, respectively. Meanwhile, the country's shrimp export is expected to reach 94.3 kilograms by 2026, up from 75.1 kilograms in 2021. This represents a growth rate of 3.6% year-on-year. Since 2017, the supply of Montenegrin shrimp has increased by 2.6% year-on-year. In 2021, Montenegro was ranked 85th in the world, while Jordan was ahead with 75.1 kilograms. Ecuador, Argentina and Indonesia ranked second, third and fourth, respectively.
