Market research

Hammers and sledge hammers market in Bosnia and Herzegovina

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The market for hammers and sledge hammers in Bosnia and Herzegovina displayed notable volatility in volume between 2021 and 2024. After a sharp contraction to 66 020 kg in 2022, the market volume surged to over 103 000 kg in 2023 before falling again to 78 572 kg in 2024. In contrast, the market value demonstrated more consistent growth, rising from 396.9 thousand US dollars in 2021 to 415.9 thousand US dollars in 2024.

This volatility was primarily driven by swings in import volumes, which fell by nearly 30% in 2022 before recovering strongly in 2023. A steady decline in exports over the period, from over 25 000 kg in 2018 to below 13 000 kg by 2024, provided a partial counterbalance to these import fluctuations in determining total market supply.

Domestic production remained relatively modest and followed a similar pattern of fluctuation, dipping to 17 000 kg in 2022 and peaking at 26 000 kg in 2023. The overall market dynamics during this period were largely defined by changes in international trade flows rather than domestic output.

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 kind
    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. 4.1.2. In value
    1. 4.1.2.1. Production, 2021-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. 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 kind, 2021-2024, kg
  2. 5.1.2. In value, 2021-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, kg
  2. 5.2.2. 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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, kg
    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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, kg
    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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, kg
    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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, kg
    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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  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 hammers and sledge hammers in Bosnia and Herzegovina

In value, 2018-2021, $ US

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2018-2021, kg

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports hammers and sledge hammers from Bosnia and Herzegovina

Exports in kind, kg

Cross-border shipments of hammers and sledge hammers from Bosnia and Herzegovina declined for the third consecutive year. In 2021, exports reached 18 350 kg, representing a 4.9% decrease compared to 2020. Over the period from 2018 to 2021, exports fell by 27.8%, with an average annual decline of 10.3%.

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	(19.2%)	(6.0%)	(4.9%)	(10.3%)

Source: SHEV.io

From 2018 to 2021, Serbia, Croatia, and Slovenia were the main destinations for Bosnia and Herzegovina's exports of hammers and sledge hammers in volume terms. Serbia accounted for 41.6% of exports, Croatia for 32.9%, and Slovenia for 17.0%. Together, these three countries represented 91.4% of total export flows.

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 decline, exports of hammers and sledge hammers from Bosnia and Herzegovina increased in value. In 2021, exports reached 54.9 thousand US dollars, up by 31.4% year-on-year. The lowest value was recorded in 2020 at 41.8 thousand US dollars, which marked the largest decline of 17.6%.

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	(6.2%)	(17.6%)	31.4%	0.5%

Source: SHEV.io

Between 2018 and 2021, three key markets—Serbia, Croatia, and Slovenia—collectively absorbed 88.9% of the total export value of hammers and sledge hammers from Bosnia and Herzegovina.

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 hammers and sledge hammers to Bosnia and Herzegovina

Imports in kind, kg

Bosnia and Herzegovina imported approximately 84 691 kg of hammers and sledge hammers in 2021, a 37.1% increase compared to 2020. From 2018 to 2021, imports grew by 40.8%, with an average annual growth rate of 12.1%. The largest decline occurred in 2020, at 22.3%.

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	32.1%	(22.3%)	37.1%	12.1%

Source: SHEV.io

From 2018 to 2021, China was the primary source for hammers and sledge hammers imported into Bosnia and Herzegovina, accounting for 86.2% of total imports in volume. Other destinations played a relatively minor role.

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

In 2021, the value of imported hammers and sledge hammers into Bosnia and Herzegovina totaled 361.1 thousand US dollars, rising by 39.0% compared to the previous year. Over the period from 2018 to 2021, imports increased by 36%, with an average annual growth rate of 10.8%. The lowest value was recorded in 2020 at 259.7 thousand US dollars, which saw the largest decline of 25.5%.

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	31.4%	(25.5%)	39.0%	10.8%

Source: SHEV.io

Throughout 2018 to 2021, China was the main supplier of hammers and sledge hammers to Bosnia and Herzegovina in value terms, holding a 74.3% share of total imports. Other partners contributed relatively modest amounts.

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