Earlier Report Observations
The market for carpets and rugs in Bosnia and Herzegovina, measured in value, experienced a slight dip in 2022 to 23.0 million US dollars from 23.3 million US dollars in 2021. A recovery followed, with the market reaching 23.7 million US dollars in 2023 and climbing to 24.7 million US dollars in 2024, resulting in an overall growth of approximately 6% over the period.
In volume terms, the market showed a similar pattern, declining to 2.58 million square meters in 2022 from 2.86 million square meters in 2021. The subsequent rebound saw volumes rise to 2.95 million square meters in 2023 and further to 3.10 million square meters in 2024, marking an 8% increase from 2021 to 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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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
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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
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bosnia and Herzegovina
- 5.1.1. In kind, 2021-2024, m²
- 5.1.2. In value, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, m²
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Bosnia and Herzegovina
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K m²
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K m²
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K m²
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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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
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6.1.4. Average price of product's imports, $ US/m²
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/m²
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/m²
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K m²
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K m²
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K m²
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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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
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6.2.4. Average price of product's imports, $ US/m²
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/m²
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/m²
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K m²
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K m²
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K m²
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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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
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7.1.4. Average price of product's exports, $ US/m²
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/m²
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/m²
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K m²
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K m²
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K m²
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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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
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7.2.4. Average price of product's exports, $ US/m²
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/m²
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/m²
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K m²
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K m²
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production carpets and rugs 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, m²
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, m²
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports carpets and rugs from Bosnia and Herzegovina
Exports in kind, K m²
In 2021, Bosnia and Herzegovina exported 85 K m² of carpets and rugs, marking a moderate increase of 5.2% compared to 2020. Looking at the broader period from 2018 to 2021, exports declined by 5.4%, which translates to an average annual decrease of 1.8%. The lowest export volume was recorded in 2020 at 81 K m², while the peak occurred in 2019 with 126 K m². The most significant drop was observed in 2020, falling by 36.0%, whereas the largest rise happened in 2019, surging by 40.4%.
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K m²
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 40.4% | (36.0%) | 5.2% | (1.8%) |
From 2018 to 2021, Slovenia led the export structure in kind, accounting for 45.4% of total exports, followed by Croatia with 18.0% and Serbia with 9.7%. Together, these three countries represented 73.0% of all export flows.
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
In 2021, Bosnia and Herzegovina's carpet and rug exports in monetary terms reached 887 K $ US, showing an 11.1% increase over the previous year. Over the 2018-2021 period, exports grew by 16.3%, averaging an annual growth rate of 5.2%. The highest value was recorded in 2019 at 1 095 K $ US. The most substantial decline occurred in 2020, dropping by 27.1%, while the largest increase was in 2019, rising by 43.6%.
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 | 43.6% | (27.1%) | 11.1% | 5.2% |
Between 2018 and 2021, Slovenia dominated exports in value terms with a 45.8% share, followed by Serbia at 14.0% and Croatia at 13.0%. Collectively, these three partners made up 72.9% of total export flows.
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 carpets and rugs to Bosnia and Herzegovina
Imports in kind, K m²
In 2021, Bosnia and Herzegovina imported 2 924 K m² of carpets and rugs, representing a 20.2% increase compared to 2020. Over the 2018-2021 timeframe, imports rose by 6.4%, with a compound annual growth rate of 2.1%. The lowest import volume was in 2020 at 2 432 K m², and the most significant decrease was also in 2020, falling by 16.6%.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, K m²
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.1% | (16.6%) | 20.2% | 2.1% |
From 2018 to 2021, Turkey, Serbia, and Belgium were the top three sources for imports in kind, together accounting for 77.6% of total import flows.
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 carpets and rugs in value terms totaled 23 794 K $ US, reflecting a strong 22.7% increase over 2020. During the 2018-2021 period, imports grew by 3.8%, with an average annual growth rate of 1.2%. The lowest value was recorded in 2020 at 19 396 K $ US, and the largest decline occurred in the same year, dropping by 16.4%.
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 | 1.1% | (16.4%) | 22.7% | 1.2% |
Throughout 2018-2021, Turkey was the leading partner in imports by value, holding a 54.8% share, followed by Serbia at 12.9% and Belgium at 9.8%. Together, these three countries comprised 77.6% 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
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