Earlier Report Observations
The asphalt paving mixtures market in Bosnia and Herzegovina experienced a period of expansion and contraction between 2021 and 2024. Market volume grew by 12% to 862 thousand tons in 2022, driven by increased domestic production, which reached 865 thousand tons that year. However, the following two years saw a sustained decline, with the market shrinking to 637 thousand tons in 2024.
Parallel to this, export activity intensified significantly. From a modest 4.7 thousand tons in 2022, exports surged to 10.7 thousand tons in 2023 and further to 20.3 thousand tons in 2024. This growth in outward shipments coincided with the reduction in domestic market size, suggesting a shift in supply patterns.
The market value showed more pronounced volatility than volume, indicating fluctuating asphalt prices. After a 32% surge to 44.7 million USD in 2022, value dropped in 2023 before recovering to 42.3 million USD in 2024. Industry practices, including research on mix designs for highways like the M18, which emphasized adapting recipes to road categories, contributed to ongoing developments in product specifications.
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, K t
- 5.1.2. In value, 2021-2024, K $ US
-
5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
-
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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
-
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/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
-
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/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
-
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 asphalt paving mixtures and blocks 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, K t
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports asphalt paving mixtures and blocks from Bosnia and Herzegovina
Exports in kind, t
The data shows irregular changes, indicating a volatile market environment. Exports reached their lowest point in 2018 and peaked in 2020, with a 4.8-fold difference between these years. In 2021, Bosnia and Herzegovina exported 3,293 tonnes of asphalt paving mixtures and blocks, which represents a 56.3% decrease compared to the previous year. The highest export volume was recorded in 2020 at 7,532 tonnes. The most significant increase occurred in 2019, with a growth of 373.2%.
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 | 373.2% | 0.5% | (56.3%) | 27.6% |
Between 2018 and 2021, the export partner base for asphalt paving mixtures and blocks was extremely narrow. Croatia alone accounted for 97.6% 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
Cross-border shipments of asphalt paving mixtures and blocks from Bosnia and Herzegovina declined for the second consecutive year. In 2021, exports amounted to 217,000 US dollars, marking a steep decline of 36.5% compared to 2020. Between 2018 and 2021, exports decreased by 24.8%, which equates to an annualized rate of 9.1%. The highest export value was recorded in 2019 at 368,000 US dollars. The largest increase occurred in 2019, with a growth of 27.5%.
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 | 27.5% | (7.2%) | (36.5%) | (9.1%) |
From 2018 to 2021, exports of asphalt paving mixtures and blocks from Bosnia and Herzegovina in value terms were largely concentrated on Croatia, which accounted for 78.7% of total flows. Other countries together formed the remaining share.
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 asphalt paving mixtures and blocks to Bosnia and Herzegovina
Imports in kind, t
Imports of asphalt paving mixtures and blocks to Bosnia and Herzegovina declined for the third consecutive year. In 2021, imports amounted to 997 tonnes, showing a strong decline of 18.6% compared to the previous year. Between 2018 and 2021, imports decreased by 88.3%, which equates to an annualized rate of 51.2%.
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 | (30.3%) | (79.5%) | (18.6%) | (51.2%) |
Between 2018 and 2021, Croatia absorbed 85.1% of total imports in kind of asphalt paving mixtures and blocks to Bosnia and Herzegovina. The balance was spread across a wide range of smaller destinations.
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
In 2021, Bosnia and Herzegovina's imports of asphalt paving mixtures and blocks totalled 742,000 US dollars, showing a gain of 6.8% year-over-year. Between 2018 and 2021, imports decreased by 25%, which equates to an annualized rate of 9.2%. The minimum value was recorded in 2020 at 695,000 US dollars, while the maximum value was recorded in 2019 at 1,023,000 US dollars. The largest decline occurred in 2020, with a decrease of 32.1%.
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 | 3.3% | (32.1%) | 6.8% | (9.2%) |
In the period from 2018 to 2021, the main destinations in the geographical breakdown of imports in value terms of asphalt paving mixtures and blocks to Bosnia and Herzegovina were Croatia (45.8% of imports), Serbia (19.1% of imports), and Slovenia (9.9% of imports). Together, these three countries accounted for 74.9% of total import flows.
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
Clays market in Bosnia and Herzegovina
2026-03-30
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.