Montenegro: Meat And Poultry Market 2020

Meat And Poultry Market Size in Montenegro

The revenue of the meat and poultry market in Montenegro amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, the meat and poultry market reached its peak level of $X. From 2015 to 2018, the growth of the meat and poultry market remained at a somewhat lower figure.

Meat And Poultry Production in Montenegro

In value terms, meat and poultry production totaled $X in 2018 estimated in export prices. In general, meat and poultry production continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Montenegro meat and poultry production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

In 2018, the average yield of meat and poultry in Montenegro totaled X kg per head, approximately mirroring the previous year. Over the period under review, the meat and poultry yield continues to indicate a relatively flat trend pattern.

The number of animals slaughtered for meat and poultry production in Montenegro amounted to X head in 2018, remaining stable against the previous year. Overall, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern.

Meat And Poultry Exports

Exports from Montenegro

In 2018, approx. X tons of meat and poultry were exported from Montenegro; waning by -X% against the previous year. Over the period under review, meat and poultry exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Montenegro exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, meat and poultry exports totaled $X in 2018. Over the period under review, meat and poultry exports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Montenegro exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X tons) and Brazil (X tons) were the largest exporters of meat and poultry in 2018, finishing at approx. X% and X% of total exports, respectively. The Netherlands (X tons) ranks next in terms of the total exports with a X% share, followed by Germany (X%), Poland (X%) and Spain (X%). Australia (X tons), Belgium (X tons), Denmark (X tons), Canada (X tons), India (X tons) and France (X tons) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Brazil ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by the Netherlands, Germany, Poland, Spain, Canada, India, Belgium, Denmark, France and Montenegro, which together accounted for a further X the main exporting countries, India recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat and poultry export price in Montenegro amounted to $X per ton, approximately reflecting the previous year. Overall, the meat and poultry export price continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. In that year, the export prices for meat and poultry reached their peak level of $X per ton. From 2015 to 2018, the growth in terms of the export prices for meat and poultry failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Montenegro

In 2018, the amount of meat and poultry imported into Montenegro stood at X tons, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Montenegro imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, meat and poultry imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Montenegro imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of meat and poultry imports in 2018 were China (X tons), Japan (X tons), Germany (X tons), Mexico (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Italy (X tons), Vietnam (X tons), the UK (X tons), the Netherlands (X tons), France (X tons) and South Korea (X tons), together reaching X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry importing markets into Montenegro were Japan ($X), the U.S. ($X) and China ($X), together comprising X% of total imports. Germany, South Korea, Italy, China, Hong Kong SAR, the UK, France, the Netherlands, Mexico, Vietnam and Montenegro lagged somewhat behind, together comprising a further X terms of the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat and poultry import price in Montenegro stood at $X per ton in 2018, approximately equating the previous year. In general, the meat and poultry import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. In that year, the import prices for meat and poultry reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for meat and poultry remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform