Earlier Report Observations
The ferro-alloys market in Bosnia and Herzegovina, measured in physical volume, expanded to 38 680 t in 2021 but then contracted significantly over the following years, falling to 18 377 t by 2023. Domestic production followed a similar trajectory, peaking at 35 688 t in 2021 before declining to 13 587 t in 2023. This overall reduction in market size was accompanied by a steady decrease in import volumes after 2021 and a sharp, sustained drop in exports from earlier levels.
A key disruptive event occurred in 2020 when the temporary closure of automotive production facilities across Europe, including in Germany, Slovakia, Italy, Spain, and Portugal due to the COVID-19 pandemic, reduced demand for steel and the ferro-alloys used in its production. This external shock directly impacted Bosnia and Herzegovina's export activity, with volumes falling from 3 560 t in 2019 to 943 t in 2020.
In the subsequent period from 2021 to 2024, the market continued its downward adjustment. Imports fell from 6 608 t to 4 559 t, while exports reached a low of 299 t in 2024. In value terms, the market's contraction was pronounced, declining from 97.2 mln $ US in 2021 to 42.2 mln $ US in 2024, reflecting the broad-based reduction in both volume and unit values.
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, t
- 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, t
- 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, t
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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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, t
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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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, t
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 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/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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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, t
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 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/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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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, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 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 ferro-alloys 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, t
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports ferro-alloys from Bosnia and Herzegovina
Exports in kind, t
The market showed an unstable trend throughout the period. Import levels fluctuated significantly, with a 7.3-fold difference between the low in 2020 and the high in 2018. In 2021, ferro-alloys exports from Bosnia and Herzegovina reached 3 616 tonnes, marking a sharp increase of 283.3% compared to 2020. The minimum value was recorded in 2020 at 943 tonnes, while the largest decline occurred in 2020, dropping by 73.5%.
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 | (48.1%) | (73.5%) | 283.3% | (19.2%) |
From 2018 to 2021, Italy, Germany, and Belgium were the principal destinations for exports in kind. Italy accounted for 60.6% of exports, Germany for 13.3%, and Belgium for 11.6%, together making up 85.5% of total 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
The market displayed volatility over the observed period. Exports peaked in 2018 and fell to their lowest point in 2020, with a fluctuation of 29 times between these years. In 2021, foreign ferro-alloys supplies from Bosnia and Herzegovina stood at 2 245 thousand US dollars, up by 908.7% compared to 2020. The minimum value was recorded in 2020 at 223 thousand US dollars, and the largest decline occurred in 2019, decreasing by 85.0%.
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 | (85.0%) | (77.0%) | 908.7% | (29.7%) |
Between 2018 and 2021, Italy, Germany, and Belgium were the main buyers of ferro-alloys from Bosnia and Herzegovina in value terms. Italy represented 33.0% of exports, Germany 24.7%, and Belgium 22.3%, together comprising 79.9% of total exports in value.
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 ferro-alloys to Bosnia and Herzegovina
Imports in kind, t
Bosnia and Herzegovina's volume of ferro-alloys imports increased for the third consecutive year. In 2021, the country imported 6 608 tonnes of ferro-alloys, showing a notable increase of 11.1% year-over-year. Over the period from 2018 to 2021, imports grew by 46.8%, with a compound annual growth rate of 13.6%.
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 | 28.6% | 2.8% | 11.1% | 13.6% |
From 2018 to 2021, Ukraine, Slovakia, and Slovenia formed the main group of sources for imports in kind of ferro-alloys to Bosnia and Herzegovina. Ukraine accounted for 59.2% of imports, Slovakia for 9.7%, and Slovenia for 9.0%, with a combined share of 78.0% of total 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
The market exhibited an unstable trend throughout the timeframe. Imports peaked in 2021 and reached their lowest point in 2020, with a 1.8-fold fluctuation between these years. In 2021, the volume of ferro-alloys imports to Bosnia and Herzegovina reached 12 155 thousand US dollars, which is 76.2% higher year-over-year. The minimum value was recorded in 2020 at 6 898 thousand US dollars, and the largest decline occurred in 2020, dropping by 6.9%.
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 | 0.4% | (6.9%) | 76.2% | 18.1% |
Throughout 2018 to 2021, Ukraine, Slovenia, and Poland formed the core of imports in value terms. Ukraine represented 52.1% of imports, Slovenia 12.3%, and Poland 10.8%, together taking 75.3% of total 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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