Market research

Cosmetics and skin care market in Bosnia and Herzegovina, 2026

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The cosmetics and skin care market in Bosnia and Herzegovina saw considerable change from 2018 to 2024. It began the period at 46.5 million USD in 2018 and stabilized near 46.8 million USD in 2019. A significant contraction followed in 2020, reducing the market size to 40.0 million USD.

A robust recovery commenced in 2021, with the market expanding to 50.2 million USD. Growth continued through 2022, reaching 52.8 million USD, before accelerating sharply to 66.3 million USD in 2023 and 79.0 million USD in 2024. Over these four years, the market value nearly doubled from its 2020 level.

Domestic production followed a similar upward trajectory, particularly from 2023 onward, increasing from 2.2 million USD in 2022 to 3.7 million USD in 2023 and 3.8 million USD in 2024. The overall market expansion was supported by a substantial rise in import volumes during the same period.

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, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. 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, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
    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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
    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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
    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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
    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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 cosmetics and skin care in Bosnia and Herzegovina

In value, 2018-2021, K $ US

In Bosnia and Herzegovina, the production value of cosmetics and skin care products reached 2 038 thousand US dollars in 2021, marking a substantial year-over-year increase of 16.1%. The minimum value was recorded in 2020 at 1 755 thousand US dollars, which saw the largest decline of 11.4%. Over the period from 2018 to 2021, production grew by 12.5%, translating to an annualized rate of 4.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.4%	(11.4%)	16.1%	4.0%

Source: SHEV.io

Exports cosmetics and skin care from Bosnia and Herzegovina

Exports in kind, t

Cosmetics and skin care exports from Bosnia and Herzegovina increased for the second consecutive year in 2021, with volumes reaching 102 tonnes, a slight uptick of 0.6% compared to the previous year. The minimum value was recorded in 2019 at 90 tonnes, which experienced the largest decline of 0.4%. In contrast, the largest increase occurred in 2020 at 13.3%. From 2018 to 2021, exports rose by 13.6%, equating to an annualized growth rate of 4.3%.

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	(0.4%)	13.3%	0.6%	4.3%

Source: SHEV.io

From 2018 to 2021, Serbia, the United Arab Emirates, and Croatia consistently served as the main destinations for Bosnia and Herzegovina's cosmetics and skin care exports in kind. Serbia accounted for 28.8% of exports, the United Arab Emirates for 14.4%, and Croatia for 12.1%, together making up 55.3% of total export flows.

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

Bosnia and Herzegovina's cosmetics and skin care exports increased in value for the third consecutive year in 2021, reaching 2 044 thousand US dollars, a sharp improvement of 32.3% compared to the previous year. Over the period from 2018 to 2021, exports grew by 70.4%, with a compound annual growth rate of 19.4%.

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	22.0%	5.6%	32.3%	19.4%

Source: SHEV.io

From 2018 to 2021, Serbia, Croatia, and the United Arab Emirates were the largest buyers of cosmetics and skin care from Bosnia and Herzegovina in value terms. Serbia contributed 22.9% of exports, Croatia 15.3%, and the United Arab Emirates 12.2%, together forming 50.4% of total export value.

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 cosmetics and skin care to Bosnia and Herzegovina

Imports in kind, t

In 2021, cosmetics and skin care imports into Bosnia and Herzegovina stood at 3 376 tonnes, representing a limited rise of 8.5% compared to the previous year. The minimum value was recorded in 2020 at 3 112 tonnes, which saw the largest decline of 5.4%. Over the period from 2018 to 2021, imports increased by 7.2%, with a compound annual growth rate of 2.3%.

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	4.4%	(5.4%)	8.5%	2.3%

Source: SHEV.io

The structure of imports in kind from 2018 to 2021 was diversified, with Germany, Slovenia, and Poland as key suppliers. Germany accounted for 23.1% of imports, Slovenia for 14.5%, and Poland for 9.8%, together contributing 47.4% of total flows, and no single country held a clearly dominant position.

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, the value of cosmetics and skin care imports into Bosnia and Herzegovina totaled 50 201 thousand US dollars, which is 26.2% higher than the previous year. The minimum value was recorded in 2020 at 39 778 thousand US dollars, experiencing the largest decline of 14.0%. From 2018 to 2021, imports increased by 9.4%, with a compound annual growth rate of 3.0%.

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	0.8%	(14.0%)	26.2%	3.0%

Source: SHEV.io

From 2018 to 2021, the supplier portfolio for cosmetics and skin care to Bosnia and Herzegovina was broad. Germany accounted for 16.6% of imports in value terms, France for 16.4%, and Italy for 10.8%, together contributing only 43.8% of total import value, while many other countries held smaller but non-negligible shares.

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