Key Market Indicators
Montenegro's frozen food imports are on track to reach nearly $5 million by 2026, up from $3.7 million in 2021. This growth is expected to average 3.6% year on year. Since 2011, demand for frozen food in Montenegro has increased 15.2% annually. In 2021, Montenegro ranked 95th in the world, with Tunisia just ahead at $3.7 million. The United States, South Korea and Japan ranked 2nd, 3rd and 4th respectively. Exports of frozen food from Montenegro are expected to reach $1.4 million by 2026, up from $1.2 million in 2021. This growth is forecast to average 2.4% year on year. Since 2011, Montenegro's frozen food supply has grown 1.6% annually. In 2021, Montenegro ranked 60th in the world, with South Korea just ahead at $1.2 million. China, Spain and Mexico ranked 2nd, 3rd and 4th respectively.
