Key Market Indicators
Montenegro's oilseeds production is projected to decline to approximately 59 metric tons by 2028, down from 64 metric tons in 2023. This represents an average annual decrease of 1.3%. Despite this decline, the country's oilseeds supply has seen a slight upward trend, increasing by 1% annually since 2011. In the global ranking for oilseeds production in 2023, Montenegro stood at 175th place, with Bhutan just ahead at 64 metric tons. The leading producers in the field were Brazil, Malaysia, and the United States, occupying the second, third, and fourth positions respectively. On the consumption side, Montenegro's oilseeds consumption remained stable at 1,000 metric tons in both 2017 and 2018.
