Market research

For retail sale medicaments with alkaloids market in Bosnia and Herzegovina

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market size for packed retail sale medicaments containing alkaloids in Bosnia and Herzegovina displayed notable volatility between 2021 and 2024. Starting at 8.07 million USD in 2021, it contracted by 19% to 6.54 million USD in 2022. A recovery followed in 2023, with the market returning to 8.08 million USD, before a substantial 52% surge lifted it to 12.28 million USD in 2024.

This trajectory was shaped by the interplay of domestic production and international trade. Local production grew consistently from 5.10 million USD in 2021 to 7.46 million USD in 2024, a 46% increase over three years. Imports fell sharply in 2022 but then rebounded, contributing significantly to the market expansion in 2024, while export levels showed relative stability with minor year-to-year fluctuations.

Examining trade flows from 2018 to 2025 reveals shifting patterns that contextualize the market's evolution. Imports entered a decline after 2018, reaching a low point in 2022 before a strong upward trend commenced. Exports also varied throughout the period, indicating adjustments in the supply chain that, alongside the rise in domestic manufacturing, influenced the market's available volume during the years for which comprehensive data exists.

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 value, 2021-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. 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, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
    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, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
    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, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
    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, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
    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, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 for retail sale medicaments with alkaloids 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

Exports for retail sale medicaments with alkaloids from Bosnia and Herzegovina

Exports in kind, kg

Bosnia and Herzegovina's exports of medicaments with alkaloids for retail sale grew for the second consecutive year. In 2021, exports reached 55 397 kg, marking a 3.9% increase compared to the previous year. Over the period from 2018 to 2021, exports rose by 2.7%, which translates to an average annual growth rate of 0.9%. The lowest export volume was recorded in 2019 at 42 320 kg, representing a significant decline of 21.5% from the previous year. In contrast, the largest increase occurred in 2020, with exports surging by 26.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(21.5%)	26.0%	3.9%	0.9%

Source: SHEV.io

From 2018 to 2021, Serbia, Moldova, and North Macedonia were the primary buyers of Bosnia and Herzegovina's medicaments with alkaloids for retail sale in terms of volume. Serbia accounted for 23.2% of exports, Moldova for 21.1%, and North Macedonia for 19.9%. Together, these three countries represented 64.3% of total exports in kind during this period.

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

After two years of growth, Bosnia and Herzegovina's exports of medicaments with alkaloids for retail sale in value terms experienced a decline. In 2021, export value stood at 4 169 thousand US dollars, reflecting a 1.0% decrease from 2020. However, over the broader period from 2018 to 2021, exports increased by 39.4%, with a compound annual growth rate of 11.7%. The peak value was recorded in 2020 at 4 211 thousand US dollars, driven by a substantial increase of 19.4% that year.

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	17.9%	19.4%	(1.0%)	11.7%

Source: SHEV.io

Between 2018 and 2021, Serbia, Albania, and Moldova led as the top buyers of Bosnia and Herzegovina's medicaments with alkaloids for retail sale in value terms. Serbia contributed 30.9% of exports, Albania 22.2%, and Moldova 18.4%. Collectively, these three countries accounted for 71.5% of total export value during this timeframe.

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 for retail sale medicaments with alkaloids to Bosnia and Herzegovina

Imports in kind, kg

Bosnia and Herzegovina's imports of medicaments with alkaloids for retail sale in volume terms fell for the third consecutive year. In 2021, imports reached 84 530 kg, down by 5.1% compared to the previous year. From 2018 to 2021, imports decreased by 12.6%, averaging an annual decline of 4.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.1%)	(1.9%)	(5.1%)	(4.4%)

Source: SHEV.io

From 2018 to 2021, North Macedonia, Turkey, and Italy were the largest contributors to Bosnia and Herzegovina's imports of medicaments with alkaloids for retail sale in volume. North Macedonia supplied 43.3% of imports, Turkey 11.5%, and Italy 10.6%. Together, these three countries made up 65.5% of total import flows in kind.

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

Following two years of decline, Bosnia and Herzegovina's imports of medicaments with alkaloids for retail sale in value terms rebounded. In 2021, imports amounted to 7 146 thousand US dollars, showing an 18.6% increase from 2020. The lowest value was recorded in 2020 at 6 025 thousand US dollars, which marked a decline of 8.9% from the previous year.

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	(5.9%)	(8.9%)	18.6%	0.5%

Source: SHEV.io

During the period from 2018 to 2021, North Macedonia, Slovenia, and Turkey consistently served as the main sources for Bosnia and Herzegovina's imports of medicaments with alkaloids for retail sale in value terms. North Macedonia accounted for 31.8% of imports, Slovenia for 15.5%, and Turkey for 13.6%. Combined, these three countries represented 60.9% of total import value.

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