Dried shelled beans market in Bosnia and Herzegovina

Earlier Report Observations

The market volume for dried shelled beans in Bosnia and Herzegovina increased from 15 800 tons in 2018 to 18 640 tons in 2021, with the most notable growth occurring in the final year of this period. Market value displayed more volatility, declining from 25.2 million USD in 2018 to 20.4 million USD in 2019 before recovering to 28.7 million USD in 2021.

A sharp downturn followed in 2022, with market volume dropping to 12 568 tons and value falling to 17.3 million USD. The market partially rebounded in 2023 to 15 838 tons, valued at 20.6 million USD, remaining below the peak levels observed in 2021.

Production dried shelled beans in Bosnia and Herzegovina

In kind, 2018-2021, t

Top producers of dried shelled beans, 2018-2021

World map of production of dried shelled beans, 2018-2021

In Bosnia and Herzegovina, production of dried shelled beans reached 11 589 tonnes in 2021, marking a slight increase of 2.4% compared to the previous year. Looking at the period from 2018 to 2021, production grew by 12.3%, which translates to an average annual growth rate of 4.0%. The most significant increase occurred in 2019, with a rise of 9.9%, while the largest decline was recorded in 2020, at 0.2%.

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

In value, 2018-2021, K $ US

Bosnia and Herzegovina's dried shelled beans production has increased for the second consecutive year. In 2021, the output was valued at 19 985 thousand US dollars, up by 9.6% from 2020. Over the period from 2018 to 2021, production rose by 3%, equating to an annualized growth rate of 1.0%. The lowest value was recorded in 2019 at 15 769 thousand US dollars, which also saw the largest decline of 18.7%. In contrast, the largest increase occurred in 2020, with a growth of 15.7%.

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

Exports dried shelled beans from Bosnia and Herzegovina

Exports in kind, t

After two years of decline, exports of dried shelled beans from Bosnia and Herzegovina have rebounded. In 2021, exports reached 24 tonnes, showing a solid increase of 21.4% compared to 2020. However, over the period from 2018 to 2021, exports decreased by 63.4%, with a compound annual growth rate of -28.5%. The lowest volume was recorded in 2020 at 20 tonnes, which also experienced the largest decline of 51.4%.

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

From 2018 to 2021, the main destinations for Bosnia and Herzegovina's dried shelled bean exports in kind were Croatia, accounting for 61.5% of exports, Italy with 16.0%, and Slovenia at 11.2%. Together, these three countries represented 88.7% of total export flows.

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

Following a two-year downturn, foreign supplies of dried shelled beans from Bosnia and Herzegovina have increased. In 2021, exports were valued at 41 thousand US dollars, reflecting a dramatic rise of 29.9% over the previous year. Despite this recent growth, exports decreased by 66.5% between 2018 and 2021, with an annualized decline rate of 30.5%. The lowest value was recorded in 2020 at 32 thousand US dollars, while the largest decline occurred in 2019, with a drop of 54.2%.

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

Between 2018 and 2021, the primary markets for Bosnia and Herzegovina's dried shelled bean exports in value terms were Croatia, which accounted for 67.3% of exports, Slovenia at 10.7%, and Italy with 9.9%. This cluster of countries together represented 87.9% of total export flows.

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 dried shelled beans to Bosnia and Herzegovina

Imports in kind, t

Imports of dried shelled beans into Bosnia and Herzegovina have increased for the second consecutive year. In 2021, imports amounted to 7 075 tonnes, indicating a dramatic rise of 37.8% from the previous year. Over the period from 2018 to 2021, imports grew by 27.5%, equating to an annualized growth rate of 8.4%. The lowest volume was recorded in 2019 at 4 593 tonnes, which also saw the largest decline of 17.2%.

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

Throughout 2018 to 2021, the core sources for Bosnia and Herzegovina's dried shelled bean imports in kind were Canada, representing 32.4% of imports, Argentina at 26.0%, and Egypt with 15.6%. Together, these three countries accounted for 74.1% of total import flows.

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's dried shelled bean imports have increased for the second year in a row. In 2021, imports were valued at 4 702 thousand US dollars, equivalent to a sharp advance of 47.0% compared to 2020. Over the period from 2018 to 2021, imports rose by 48%, with a compound annual growth rate of 14.0%. The lowest value was recorded in 2019 at 4 702 thousand US dollars, which also experienced the largest decline of 20.2%.

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

From 2018 to 2021, the key partners for Bosnia and Herzegovina's dried shelled bean imports in value terms were Canada, accounting for 34.7% of imports, Argentina at 27.9%, and Egypt with 11.9%. Collectively, these three countries represented 74.4% 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