Market research

Derricks and cranes market in Bosnia and Herzegovina

Release date: Mar 30, 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 market for derricks and cranes in Bosnia and Herzegovina expanded significantly between 2021 and 2023, with market size rising from 4 778 thousand USD to 9 631 thousand USD. This growth was interrupted in 2024 when the market contracted by 25% to 7 255 thousand USD.

Imports of derricks and cranes showed considerable volatility, declining from 3 194 thousand USD in 2018 to a low of 2 036 thousand USD in 2020 before climbing sharply to 12 192 thousand USD by 2025. Exports followed a similar pattern of fluctuation, increasing from 873 thousand USD in 2018 to 2 386 thousand USD in 2025.

Domestic production contributed to market supply, growing from 2 678 thousand USD in 2021 to 4 478 thousand USD in 2024. The overall market dynamics were shaped by the interaction between local manufacturing and international trade movements.

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, unit
  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, unit
  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, unit
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, unit
    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, K $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, K $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, K $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, unit
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, unit
    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, K $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, K $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, K $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, unit
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, unit
    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, K $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, K $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, K $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, unit
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, unit
    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, K $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, K $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, K $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, unit
  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 derricks and cranes 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, unit

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

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

Source: SHEV.io

Exports derricks and cranes from Bosnia and Herzegovina

Exports in kind, unit

The market showed an unstable trend throughout the period. The lowest export volume was recorded in 2020 at 2.00 units, while the highest occurred in 2021 at 58.13 units, representing a 29-fold difference between these years. In 2021, Bosnia and Herzegovina exported 58.13 units of derricks and cranes, marking a significant increase of 2 806.7% compared to 2020. The largest decline was recorded in 2020 at 96.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	117.1%	(96.2%)	2 806.7%	33.7%

Source: SHEV.io

From 2018 to 2021, the main destinations for Bosnia and Herzegovina's exports of derricks and cranes in kind were Serbia, accounting for 54.6% of exports, Croatia with 19.3%, and Montenegro at 8.4%. Together, these three countries comprised 82.4% 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

The market exhibited volatility over the observed period. The lowest export value was in 2018, while the peak was reached in 2019 at 1 896 K $ US, showing a 2.2-fold gap between these years. In 2021, Bosnia and Herzegovina exported 1 856 K $ US of derricks and cranes, which was 35.0% higher than the previous year. The largest decline occurred in 2020 at 27.5%, and the largest increase was in 2019 at 117.1%.

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	117.1%	(27.5%)	35.0%	28.6%

Source: SHEV.io

Between 2018 and 2021, Serbia was the largest market for Bosnia and Herzegovina's exports of derricks and cranes in value terms, representing 50.9% of exports, followed by Croatia at 18.6% and Montenegro at 9.0%. These three countries together accounted for 78.4% of total export flows.

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 derricks and cranes to Bosnia and Herzegovina

Imports in kind, unit

The data indicates irregular changes, reflecting a volatile market environment. The lowest import volume was in 2020 at 20.00 units, while the highest was in 2021 at 388.68 units, with a 19-fold difference between these years. In 2021, Bosnia and Herzegovina imported 388.68 units of derricks and cranes, a sharp increase of 1 843.4% compared to the prior year. The largest decline was recorded in 2020 at 82.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	247.1%	(82.5%)	1 843.4%	127.5%

Source: SHEV.io

Throughout 2018 to 2021, the main sources for Bosnia and Herzegovina's imports of derricks and cranes in kind were Croatia, accounting for 31.9% of imports, Germany at 25.2%, and Austria with 16.0%. Collectively, these three countries represented 73.1% of total import flows.

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

There were noticeable fluctuations in market performance during this period. Import levels varied by 1.9 times, with the low in 2020 at 2 036 K $ US and the high in 2021. In 2021, Bosnia and Herzegovina registered imports of 3 956 K $ US for derricks and cranes, which was 94.3% higher year-over-year. The largest decline occurred in 2020 at 24.3%.

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	(15.8%)	(24.3%)	94.3%	7.4%

Source: SHEV.io

From 2018 to 2021, Germany was the leading market for Bosnia and Herzegovina's imports of derricks and cranes in value terms, comprising 34.1% of imports, followed by Italy at 22.5% and Croatia at 12.5%. Together, these three countries formed 69.1% of total import flows.

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

Related Reports

Agricultural and poultry machinery market in Bosnia and Herzegovina

2026-03-30

$500

Buy

Industrial food and drink machinery market in Bosnia and Herzegovina

2026-03-30

$500

Buy

Wood and hard materials machine tools market in Bosnia and Herzegovina

2026-03-30

$500

Buy

Moulds for rubber or plastics market in Bosnia and Herzegovina

2026-03-30

$500

Buy

Why Choose Us?

Only Verified Data

We provide data exclusively verified by trusted sources and our proprietary validation algorithms.

Сompetitors offer unverified rough estimates, which can differ greatly from reality and therefore cannot be reliably used for decision-making

No Hidden Costs or Separate Fees

All critical data is included in our reports at no extra cost (e.g. top importers and exporters)

Competitors charge separately for essential sections, making their final reports significantly more expensive compared to ours

Smarter Subscription Pricing

Our subscription plans are among the best on the market, offering excellent value and flexibility

Competitors typically set significantly higher prices while offering fewer features and more limited data access

Contact Our Team

Submit your inquiry using the form below — our team will get back to you within 24 hours.