Key Market Indicators
Montenegro's pet food imports are projected to decline over the next five years, according to industry forecasts. By 2028, the country's pet food imports are expected to drop to approximately 2.25 million kilograms. This marks a decrease from the estimated 2.61 million kilograms imported in 2023. The projected annual decline in imports stands at an average rate of 2.4%. This trend is consistent with historical data, which shows that since 2011, Montenegro's demand for pet food has been falling at an average rate of 3.4% per year. The steady decline reflects broader shifts in the market and consumption patterns in the country.
