Earlier Report Observations
The market volume for non-cellular vulcanised rubber articles in Bosnia and Herzegovina remained steady at around 2 400 t in 2021 and 2022. It then rose to 2 637 t in 2023 and surged to 3 253 t in 2024, marking a significant increase in physical consumption.
In value terms, the market dipped to 22.5 million $ US in 2022 from 25.4 million $ US in 2021, then recovered to 27.3 million $ US in 2023 and grew further to 30.3 million $ US in 2024. This movement reflects both volume expansion and shifts in average prices or product mix.
Imports have been the primary supply source throughout the period, climbing from 2 031 t in 2018 to 3 940 t in 2025, while domestic production remained minimal at 2–3 t annually. The market's growth has been fundamentally driven by this rising inflow of imported goods.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
-
4. Key Market Indicators and Trends
-
4.1. Key Market Indicators
-
4.1.1. In kind
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
-
4.1.2. In value
- 4.1.2.1. Production, 2021-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2021-2024
-
4.1.1. In kind
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Bosnia and Herzegovina
- 5.1.1. In kind, 2021-2024, kg
- 5.1.2. In value, 2021-2024, K $ US
-
5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, kg
- 5.2.2. In value, 2018-2024, K $ US
-
5.1. Production in Bosnia and Herzegovina
-
6. Imports
-
6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
-
6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
-
6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
-
6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
-
6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
-
6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
-
6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
-
6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
-
6.1. Imports (Direct Data)
-
7. Exports
-
7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
-
7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
-
7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
-
7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
-
7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
-
7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
-
7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
-
7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
-
7.1. Exports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2025
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production non-cellular vulcanised rubber articles in Bosnia and Herzegovina
In value, 2018-2021, K $ US
Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2018-2021, kg
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, kg
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports non-cellular vulcanised rubber articles from Bosnia and Herzegovina
Exports in kind, t
Bosnia and Herzegovina's exports of articles of non-cellular vulcanised rubber other than hard rubber rebounded in 2021 after two consecutive years of decline. In 2021, exports reached 284 tonnes, representing a significant 31.2% increase compared to the previous year. Looking at the broader period from 2018 to 2021, exports grew by 22.9%, which translates to an annualized growth rate of 7.1%. The lowest export volume was recorded in 2020 at 216 tonnes, while the largest decline occurred in 2019 with a drop of 5.8%.
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.8%) | (0.6%) | 31.2% | 7.1% |
From 2018 to 2021, the main destinations for Bosnia and Herzegovina's exports of articles of non-cellular vulcanised rubber other than hard rubber in volume terms were Croatia, Serbia, and Montenegro. Croatia accounted for 38.4% of exports, Serbia for 21.8%, and Montenegro for 16.4%. Together, these three countries represented 76.7% of total export flows during this period.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021
Exports in value, K $ US
After a two-year decline, Bosnia and Herzegovina's exports of articles of non-cellular vulcanised rubber other than hard rubber in value terms showed a strong recovery in 2021. In that year, exports amounted to 2 078 thousand US dollars, marking a sharp increase of 57.2% compared to the previous year. Over the period from 2018 to 2021, exports grew by 22.9%, equivalent to an annualized rate of 7.1%. The lowest export value was recorded in 2020 at 1 321 thousand US dollars, while the largest decline occurred in 2019 with a drop of 20.9%.
Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.9%) | (1.3%) | 57.2% | 7.1% |
Between 2018 and 2021, the primary markets for Bosnia and Herzegovina's exports of articles of non-cellular vulcanised rubber other than hard rubber in value terms were Croatia, Montenegro, and Serbia. Croatia held a 24.6% share of exports, Montenegro accounted for 20.8%, and Serbia represented 19.5%. Collectively, these three countries made up 64.9% of total export flows during this timeframe.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Bosnia and Herzegovina in value, 2018-2021
Imports non-cellular vulcanised rubber articles to Bosnia and Herzegovina
Imports in kind, t
Bosnia and Herzegovina's imports of articles of non-cellular vulcanised rubber other than hard rubber in volume terms continued to grow for the third consecutive year in 2021. Imports reached 2 672 tonnes in 2021, reflecting a notable increase of 14.7% compared to the previous year. From 2018 to 2021, imports rose by 31.6%, with a compound annual growth rate (CAGR) of 9.6%.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.5% | 8.7% | 14.7% | 9.6% |
From 2018 to 2021, imports of articles of non-cellular vulcanised rubber other than hard rubber to Bosnia and Herzegovina in volume terms were relatively diversified. The top three sources were China, Turkey, and Italy, with China accounting for 19.0% of imports, Turkey for 16.9%, and Italy for 13.0%. Together, these countries represented 48.9% of total import flows, indicating a less concentrated market structure.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021
Imports in value, K $ US
Bosnia and Herzegovina's imports of articles of non-cellular vulcanised rubber other than hard rubber in value terms extended their growth streak to three years in 2021. Import volume amounted to 26 919 thousand US dollars in 2021, up by 14.1% compared to the previous year. Over the period from 2018 to 2021, imports increased by 29.4%, with a compound annual growth rate (CAGR) of 9.0%.
Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.3% | 7.8% | 14.1% | 9.0% |
In the period from 2018 to 2021, the largest sources of imports of articles of non-cellular vulcanised rubber other than hard rubber to Bosnia and Herzegovina in value terms were Italy, Germany, and Poland. Italy accounted for 23.5% of imports, Germany for 17.8%, and Poland for 11.9%. Combined, these three countries comprised 53.2% of total import flows during these years.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Bosnia and Herzegovina in value, 2018-2021
Related Reports
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.