Key Market Indicators
Montenegrin juice imports are projected to fall significantly, reaching approximately $1.2 million by 2028. This marks a sharp decline from around $2.1 million in 2023, with an annual decrease of 9% in the compound annual growth rate (CAGR). The downward trend has been consistent since 2011, with demand decreasing by an average of 8.7% per year. On the export side, Montenegrin juice shipments recorded a substantial drop in 2018, totaling roughly $16,000. This figure represents a steep decline from approximately $31,000 in 2017, marking a 46.8% decrease year over year. The country's juice export supply has been diminishing at an average rate of 10.6% annually since 2011.
