Filled chocolate bars market in Bosnia and Herzegovina

Earlier Report Observations

The market for filled chocolate bars in Bosnia and Herzegovina expanded in both volume and value from 2018 to 2021, with market size peaking at 7 549 t worth 37.7 million USD in 2021. This growth was primarily driven by a shift in consumer preferences towards healthier and more sustainable food products, including chocolates with higher cocoa content and ethical certifications. Increased consumer interest in supply chain transparency and sustainability, evident from 2020, further bolstered demand for premium segments.

After 2021, the market volume contracted to around 6 000 t, but its value recovered and continued to grow, reaching 39.3 million USD by 2024. This divergence reflected a sustained trend towards premium and artisan chocolates with sophisticated packaging and sustainable credentials, which maintained higher price points even as total consumption eased. Ongoing legislative efforts to harmonize food origin labeling with EU standards, active since 2018, provided a framework for product differentiation and market access.

Production filled chocolate bars in Bosnia and Herzegovina

In value, 2018-2021, K $ US

In 2021, the output value of filled chocolate bars in Bosnia and Herzegovina was 6 031 thousand US dollars, remaining unchanged from 2020. Between 2019 and 2021, production decreased by 11.1%, which translates to an annualized decline of 3.9%.

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

In kind, 2018-2021, t

In 2021, Bosnia and Herzegovina produced 1 812 tonnes of filled chocolate bars, showing little to no change compared to the previous year. From 2019 to 2021, production fell by 5.4%, equivalent to an annualized decrease of 1.8%.

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

Exports filled chocolate bars from Bosnia and Herzegovina

Exports in kind, t

The market experienced noticeable fluctuations during this period. Bosnia and Herzegovina exported 231 tonnes of filled chocolate bars in 2021, marking a significant decline of 10.8% from the previous year. The highest export volume was recorded in 2020 at 259 tonnes, while the lowest was in 2018, with a 3 011-fold difference between these years. The largest increase occurred in 2019, with a surge of 25 215.2%.

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 exports of filled chocolate bars in kind were Serbia, accounting for 55.5% of exports, the Netherlands at 17.9%, and Germany at 13.4%. Together, these three countries represented 86.9% 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

The market showed an unstable trend throughout the timeframe. In 2021, Bosnia and Herzegovina exported filled chocolate bars worth 1 183 thousand US dollars, a decline of 11.5% compared to 2020. The peak value was in 2020 at 1 337 thousand US dollars, while the lowest was in 2018, with a 1 772-fold variation between these years. The largest increase was recorded in 2019, with a jump of 14 504.1%.

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

Between 2018 and 2021, three key markets—Serbia, the Netherlands, and Germany—collectively accounted for 86.7% of the total export value of filled chocolate bars from Bosnia and Herzegovina.

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 filled chocolate bars to Bosnia and Herzegovina

Imports in kind, t

Imports of filled chocolate bars into Bosnia and Herzegovina increased for the third consecutive year. In 2021, the country imported 5 967 tonnes, up by 22.7% from the previous year. From 2018 to 2021, imports grew by 43.4%, equating to an annualized increase of 12.8%.

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

Over the period 2018–2021, the primary sources for imports of filled chocolate bars in kind were Croatia, with 20.4% of imports, Germany at 19.1%, and Austria at 18.0%. Together, these three countries made up 57.5% 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

Imports of filled chocolate bars into Bosnia and Herzegovina rose for the third year in a row. In 2021, imports reached 32 806 thousand US dollars, a strong increase of 15.7% compared to 2020. Between 2018 and 2021, imports grew by 27.8%, with a compound annual growth rate of 8.5%.

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

Throughout 2018–2021, Germany, Austria, and Croatia were the key partners for imports in value terms, accounting for 24.0%, 22.3%, and 16.7% of imports, respectively. Combined, they represented 63.0% 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