Cereal groats, meal and pellets market in Bosnia and Herzegovina

Earlier Report Observations

Market volume for cereal groats, meal and pellets in Bosnia and Herzegovina reached 10 955 t in 2021, a level supported by the country's structural reliance on imports for roughly two-thirds of its food needs. A contraction to 9 483 t occurred in 2022 as the global multi-dimensional crisis, stemming from COVID-19 and geopolitical tensions, impacted household incomes and food security, reducing consumption. The market recovered to 10 498 t in 2023, aided by record-high domestic cereal production in the prior year and supply chain improvements under the ongoing EU4AGRI modernization project. Volume then eased to 10 115 t in 2024 against a backdrop of persistent inflation, which moderated consumer spending and affected retail prices.

The market's regulatory landscape evolved significantly during this period. Bosnia and Herzegovina's alignment with EU food safety and quality standards, a process accelerated by its EU candidate status obtained in December 2022, reshaped import rules and product labeling requirements. Concurrently, a sustained shift in consumer preferences toward health-conscious and convenient breakfast solutions influenced demand dynamics. Furthermore, the enactment of the Law on Genetically Modified Organisms in 2024 altered the framework for importing related agricultural commodities, impacting adjacent segments of the cereal market.

Production cereal groats, meal and pellets in Bosnia and Herzegovina

In value, 2018-2021, K $ US

Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, K $ US

In kind, 2018-2021, t

Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, t

Exports cereal groats, meal and pellets from Bosnia and Herzegovina

Exports in kind, t

Bosnia and Herzegovina's exports of cereal groats, meal, and pellets declined after two consecutive years of growth. In 2021, exports dropped sharply to 44 tons, representing a 62.5% decrease compared to the previous year. Over the period from 2018 to 2021, exports fell by 35.9%, which translates to an average annual decline of 13.8%. The highest export volume was recorded in 2020 at 117 tons, marking a significant increase of 62.3% that year.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, Serbia, Austria, and Slovenia were consistently the top destinations for Bosnia and Herzegovina's exports of cereal groats, meal, and pellets in volume terms. Serbia accounted for 25.0% of exports, Austria for 17.7%, and Slovenia for 14.0%. Together, these three countries represented 56.7% 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 two years of growth, Bosnia and Herzegovina's export value of cereal groats, meal, and pellets experienced a decline. In 2021, exports amounted to 26 000 US dollars, reflecting a sharp 59.1% drop year-over-year. Between 2018 and 2021, export value decreased by 38.2%, equivalent to an average annual decline of 14.8%. The peak value was recorded in 2020 at 63 000 US dollars, which saw a 28.2% increase that year.

Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US

Between 2018 and 2021, Austria, Slovenia, and Serbia were the leading destinations for Bosnia and Herzegovina's exports of cereal groats, meal, and pellets in value terms. Austria accounted for 25.9% of export value, Slovenia for 13.7%, and Serbia for 12.5%. Collectively, these three countries made up 52.1% 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 cereal groats, meal and pellets to Bosnia and Herzegovina

Imports in kind, t

In 2021, Bosnia and Herzegovina's imports of cereal groats, meal, and pellets totaled 8 366 tons, a decrease of 14.2% compared to the previous year. Over the 2018-2021 period, imports declined by 18.4%, with a compound annual growth rate of -6.5%. The largest increase occurred in 2020, with a rise of 3.0%.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, Serbia and Hungary dominated Bosnia and Herzegovina's imports of cereal groats, meal, and pellets in volume terms, consistently accounting for 82.2% of total imports. This high concentration indicates that while there were other smaller markets, these two countries were the primary sources.

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 imported 3 637 000 US dollars worth of cereal groats, meal, and pellets in 2021, representing a slight decline of 0.8% from 2020. The lowest import value was recorded in 2019 at 3 444 000 US dollars, which saw a 5.5% decrease that year. In contrast, the highest value occurred in 2020 at 3 666 000 US dollars, marking a 6.5% increase.

Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US

During the 2018-2021 period, Serbia, Hungary, and Croatia were consistently the main sources for Bosnia and Herzegovina's imports of cereal groats, meal, and pellets in value terms. Serbia accounted for 51.1% of import value, Hungary for 16.6%, and Croatia for 10.3%. Together, these three countries represented 78.0% 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