Market research

Coniferous veneer sheets market in Bosnia and Herzegovina

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2021 to 2024, the coniferous veneer sheets market in Bosnia and Herzegovina showed significant fluctuations. The market size in value terms dropped from 5.1 million USD in 2021 to 4.4 million USD in 2022, then recovered to 5.0 million USD in 2023, before falling again to 3.6 million USD in 2024. Domestic production followed a similar pattern, declining from 4.7 million USD in 2021 to 3.8 million USD in 2022, rebounding to 4.5 million USD in 2023, and contracting to 2.9 million USD in 2024.

During 2022, while no specific regulatory changes or major new entrants were recorded, the general business environment in the country—including efforts to improve the investment climate, accelerate construction permits, and develop industrial zones—could have indirectly affected the wood industry. The market remained dominated by local traders and regional companies, without significant entry of large foreign players.

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
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2021-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2021-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In kind, 2021-2024, m³
  2. 5.1.2. In value, 2021-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, m³
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coniferous veneer sheets 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	-

Source: SHEV.io

In kind, 2018-2021, m³

Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports coniferous veneer sheets from Bosnia and Herzegovina

Exports in kind, K m³

The market for coniferous veneer sheets from Bosnia and Herzegovina experienced significant fluctuations during the period. Exports reached their lowest point in 2020 at 6.1 thousand m³, then surged to a peak of 42.9 thousand m³ in 2021, representing a dramatic 603.6% increase. This created a 7-fold difference between the two years. The largest decline occurred in 2019, when exports fell by 51.8%.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(51.8%)	(45.1%)	603.6%	23.0%

Source: SHEV.io

From 2018 to 2021, Austria, Romania, and Serbia were the primary buyers of coniferous veneer sheets from Bosnia and Herzegovina. Austria accounted for 27.6% of exports in kind, Romania for 25.2%, and Serbia for 24.3%. Together, these three countries represented 77.2% of total exports in kind during this period.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Export values for coniferous veneer sheets from Bosnia and Herzegovina showed considerable volatility. The lowest value was recorded in 2020 at 15.8 thousand US dollars, followed by a sharp rise to 97.7 thousand US dollars in 2021, marking a 520.3% increase. This resulted in a 6.2-fold difference between these years. The largest decline occurred in 2020, when export values dropped by 58.8%.

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	28.0%	(58.8%)	520.3%	48.5%

Source: SHEV.io

Between 2018 and 2021, Austria, Switzerland, and Serbia were the main markets for coniferous veneer sheets from Bosnia and Herzegovina in value terms. These three countries together accounted for 72.5% of total export value during this period.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bosnia and Herzegovina in value, 2018-2021

Source: SHEV.io

Imports coniferous veneer sheets to Bosnia and Herzegovina

Imports in kind, K m³

Imports of coniferous veneer sheets into Bosnia and Herzegovina declined for the second consecutive year in 2021, reaching 355.3 thousand m³, which was 5.7% lower than in 2020. The highest import volume was recorded in 2019 at 569.7 thousand m³. Between 2018 and 2021, imports decreased by 31.6%, equivalent to an annualized rate of 11.9%. The largest decline occurred in 2020 with a 33.9% drop, while the largest increase was in 2019 with a 9.6% rise.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.6%	(33.9%)	(5.7%)	(11.9%)

Source: SHEV.io

From 2018 to 2021, Czechia, Sweden, and Russia dominated Bosnia and Herzegovina's imports of coniferous veneer sheets in kind. Czechia accounted for 57.3% of imports, Sweden for 22.2%, and Russia for 6.4%. Collectively, these three countries represented 85.9% of total import flows in kind.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

In 2021, imports of coniferous veneer sheets into Bosnia and Herzegovina reached 469.4 thousand US dollars, showing a modest 2.1% increase compared to 2020. The lowest import value was recorded in 2020 at 459.7 thousand US dollars, while the highest was in 2019 at 654.1 thousand US dollars. Over the 2018-2021 period, imports decreased by 14%, with a compound annual growth rate of -4.9%. The largest decline occurred in 2020 with a 29.7% drop, and the largest increase was in 2019 with a 19.8% rise.

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	19.8%	(29.7%)	2.1%	(4.9%)

Source: SHEV.io

Between 2018 and 2021, Czechia, Sweden, and Austria were the leading sources of coniferous veneer sheet imports into Bosnia and Herzegovina in value terms. Czechia accounted for 53.6% of import value, Sweden for 25.4%, and Austria for 6.4%. Together, these three countries represented 85.4% of total import flows in value.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bosnia and Herzegovina in value, 2018-2021

Source: SHEV.io