Earlier Report Observations
The market for electric smoothing irons in Bosnia and Herzegovina is heavily reliant on imports, as domestic production remained very low throughout the period. Import volumes showed moderate fluctuations between 2018 and 2022, hovering around 70 тыс. шт., before increasing sharply to 102 тыс. шт. in 2023 and further to 131 тыс. шт. in 2024.
After a minor dip to 61.7 тыс. шт. in 2022, the physical market volume grew rapidly, reaching 125.1 тыс. шт. in 2024. In value terms, the market demonstrated steady growth from $2.2 million in 2021 to $3.6 million in 2024, suggesting a trend towards higher-value products or overall price increases during the period.
Domestic production contributed only a small share, ranging between 2.2 тыс. шт. and 3.6 тыс. шт., while export activity was limited and declined over time, falling to 4.3 тыс. шт. by 2025.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
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4.1.2. In value
- 4.1.2.1. Production, 2021-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2021-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bosnia and Herzegovina
- 5.1.1. In kind, 2021-2024, unit
- 5.1.2. In value, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Bosnia and Herzegovina
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K unit
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K unit
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K unit
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/unit
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/unit
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K unit
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K unit
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K unit
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/unit
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/unit
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K unit
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K unit
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K unit
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/unit
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/unit
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K unit
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K unit
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K unit
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/unit
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/unit
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production electric smoothing irons 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 | - |
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 | - |
Exports electric smoothing irons from Bosnia and Herzegovina
Exports in kind, unit
In 2021, Bosnia and Herzegovina exported 10 040 units of electric smoothing irons, marking a 7.0% decrease from the previous year. Over the period from 2018 to 2021, exports fell by 21.7%, with a compound annual growth rate of -7.8%. The lowest export volume was recorded in 2019 at 9 538 units. The largest decline occurred in 2019, with a drop of 25.6%, while the largest increase was seen in 2020, rising by 13.2%.
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 | (25.6%) | 13.2% | (7.0%) | (7.8%) |
From 2018 to 2021, Belarus, Germany, and Italy consistently led the country structure of exports in kind for Bosnia and Herzegovina. Belarus accounted for 37.6% of exports, Germany for 22.5%, and Italy for 16.7%, collectively representing 76.8% 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
Foreign supplies of electric smoothing irons from Bosnia and Herzegovina increased for the second consecutive year. In 2021, exports totaled 394 thousand US dollars, reflecting a 6.1% advance from the previous year. Over the 2018-2021 period, exports decreased by 13.7%, with a compound annual growth rate of -4.8%. The minimum value was recorded in 2019 at 332 thousand US dollars. The largest decline occurred in 2019, falling by 27.3%, while the largest increase was in 2020, rising by 12.0%.
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 | (27.3%) | 12.0% | 6.1% | (4.8%) |
Between 2018 and 2021, the leading destinations for exports in value terms of electric smoothing irons from Bosnia and Herzegovina were Belarus, Germany, and Italy. Belarus accounted for 37.5% of exports, Germany for 22.4%, and Italy for 16.7%, together making up 76.6% 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 electric smoothing irons to Bosnia and Herzegovina
Imports in kind, unit
Bosnia and Herzegovina's imports of electric smoothing irons declined for the second consecutive year. In 2021, imports reached 70 187 units, which is 1.1% lower than the previous year. From 2018 to 2021, imports increased by 5.8%, equating to an annualized rate of 1.9%. The highest import volume was recorded in 2019 at 89 924 units. The largest decline occurred in 2020, dropping by 21.1%, while the largest increase was in 2019, rising by 35.5%.
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 | 35.5% | (21.1%) | (1.1%) | 1.9% |
From 2018 to 2021, the leading sources for imports in kind of electric smoothing irons to Bosnia and Herzegovina were China, France, and Indonesia. China accounted for 55.8% of imports, France for 22.6%, and Indonesia for 14.1%, collectively representing 92.4% 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
In 2021, Bosnia and Herzegovina imported electric smoothing irons worth 2 024 thousand US dollars, showing a substantial advance of 13.7% compared to the previous year. Over the 2018-2021 period, imports increased by 5.9%, with a compound annual growth rate of 1.9%. The minimum value was recorded in 2020 at 1 781 thousand US dollars, while the maximum was in 2019 at 2 082 thousand US dollars. The largest decline occurred in 2020, falling by 14.4%.
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 | 8.9% | (14.4%) | 13.7% | 1.9% |
Between 2018 and 2021, China, France, and Indonesia were the main directions for imports in value terms of electric smoothing irons to Bosnia and Herzegovina. China accounted for 55.6% of imports, France for 22.6%, and Indonesia for 14.3%, together absorbing 92.5% 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
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