Market research

Dairy spreads market in Bosnia and Herzegovina

Release date: Mar 27, 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

The dairy spreads market in Bosnia and Herzegovina demonstrated sustained growth in volume from 2018 to 2023, expanding from 1 506 t to 2 308 t. This increase was driven by a notable surge in 2023, where the market volume rose by 480 t. In value terms, the market followed a similar trajectory, growing from $6.9 million to $10.1 million over the same six-year period.

A sharp reversal occurred in 2024, with the market volume contracting by 26% to 1 717 t. The market value also declined to $8.6 million, reflecting a significant reduction in overall consumption. While import and export activity persisted, the total market size retreated to levels closer to those seen earlier in the 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 kind
    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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. 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 kind, 2018-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  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, 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 dairy spreads in Bosnia and Herzegovina

In value, 2018-2021, K $ US

For the third consecutive year, Bosnia and Herzegovina has seen an increase in dairy spreads production. In 2021, the output of dairy spreads was valued at 6 718 thousand US dollars, marking a 29.0% rise compared to 2020. From 2018 to 2021, production grew by 54.3%, which translates to an annualized growth rate of 15.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	13.2%	5.7%	29.0%	15.6%

Source: SHEV.io

In kind, 2018-2021, t

For the third consecutive year, Bosnia and Herzegovina has experienced growth in dairy spreads production. In 2021, the country produced 1 305 tonnes of dairy spreads, representing a 14.8% increase from 2020. Over the period from 2018 to 2021, production rose by 42.3%, with a compound annual growth rate of 12.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	19.5%	3.8%	14.8%	12.5%

Source: SHEV.io

Exports dairy spreads from Bosnia and Herzegovina

Exports in kind, t

For the third consecutive year, cross-border shipments of dairy spreads from Bosnia and Herzegovina have increased. In 2021, exports amounted to 147.1 tonnes, showing a significant advance of 92.5% year-over-year. Between 2018 and 2021, exports surged by 1 615.9%, equating to an annualized growth rate of 157.9%.

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	52.8%	483.4%	92.5%	157.9%

Source: SHEV.io

From 2018 to 2021, Saudi Arabia, Jordan, and Croatia played the leading roles in Bosnia and Herzegovina's dairy spreads exports in kind. Saudi Arabia accounted for 35.3% of exports, Jordan for 21.9%, and Croatia for 17.8%. Together, these three countries represented 75.0% 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

For the third consecutive year, the volume of dairy spreads leaving Bosnia and Herzegovina has increased. In 2021, the country exported 486 thousand US dollars worth of dairy spreads, corresponding to a 109.1% rise compared to the previous year. Over the period from 2018 to 2021, exports grew by 693.8%, with a compound annual growth rate of 99.5%.

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	63.0%	133.0%	109.1%	99.5%

Source: SHEV.io

From 2018 to 2021, Montenegro, Croatia, and Saudi Arabia continued to be the main buyers of dairy spreads from Bosnia and Herzegovina in value terms. Montenegro accounted for 23.4% of exports, Croatia for 22.9%, and Saudi Arabia for 18.5%. Collectively, these three countries formed 64.8% 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 dairy spreads to Bosnia and Herzegovina

Imports in kind, t

After a two-year decline, dairy spreads deliveries to Bosnia and Herzegovina increased in 2021. The country imported a total of 519.5 tonnes of dairy spreads, reflecting a 4.0% advance year-over-year. Over the period from 2018 to 2021, imports decreased by 9.6%, with a compound annual growth rate of -3.3%. The lowest import volume was recorded in 2020 at 519.5 tonnes, following the largest decline of 9.1% in 2019.

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	(9.1%)	(4.4%)	4.0%	(3.3%)

Source: SHEV.io

Throughout 2018 to 2021, Serbia and Belgium remained the primary suppliers of dairy spreads to Bosnia and Herzegovina in kind. Together, they accounted for 84.4% of total imports, with other countries making up the remainder.

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

After a two-year decline, the volume of dairy spreads imports into Bosnia and Herzegovina increased in 2021. Imports reached 2 240 thousand US dollars, marking a strong advance of 13.8% compared to 2020. Between 2018 and 2021, imports decreased by 13.1%, equating to an annualized decline of 4.6%. The minimum value was recorded in 2020 at 1 969 thousand US dollars, after the largest decline of 17.3% in 2019.

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	(17.3%)	(7.7%)	13.8%	(4.6%)

Source: SHEV.io

From 2018 to 2021, the country structure of imports in value terms was shaped primarily by Serbia and Belgium. Together, they accounted for 82.1% of total import flows, while other markets formed a long tail.

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