Market research

Hand axes, bill hooks and hewing tools 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 size for hand axes, bill hooks, and similar hewing tools in Bosnia and Herzegovina fluctuated between 2021 and 2024. It stood at 290.6 thousand US dollars in 2021, then declined to 248.1 thousand in 2022 and 244.9 thousand in 2023, before recovering to 281.5 thousand in 2024.

This market movement was shaped by opposing trends in domestic production and foreign trade. Local production grew consistently from 128.9 thousand USD in 2021 to 209.2 thousand USD in 2024. Meanwhile, after peaking at 247.2 thousand USD in 2021, import values moderated, while exports expanded steadily, rising from 85.4 thousand USD in 2021 to 148.8 thousand USD in 2024.

Over the full period from 2018, the country's trade profile for these tools evolved. Imports generally increased from their 2018 level, while exports saw significant growth after 2021, altering the net balance of trade and its impact on the domestic market volume.

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 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 hand axes, bill hooks and hewing tools 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

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 hand axes, bill hooks and hewing tools from Bosnia and Herzegovina

Exports in kind, kg

Exports of hand axes, bill hooks, and hewing tools from Bosnia and Herzegovina fell for the third year in a row. In 2021, exports totaled 25 130 kg, representing a moderate decline of 4.8% compared to 2020. From 2018 to 2021, exports dropped by 15.8%, which translates to an average annual decrease of 5.6%.

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	(8.1%)	(3.7%)	(4.8%)	(5.6%)

Source: SHEV.io

Between 2018 and 2021, Croatia and Serbia accounted for the majority of Bosnia and Herzegovina's exports of hand axes, bill hooks, and hewing tools in kind, with other markets playing a less significant role individually.

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

In 2021, the export value of hand axes, bill hooks, and hewing tools from Bosnia and Herzegovina was 85.4 K $ US, down 7.0% from the previous year. From 2018 to 2021, exports decreased by 10.6%, with a compound annual growth rate (CAGR) of -3.7%. The lowest value was recorded in 2019 at 78.1 K $ US. The largest decline occurred in 2019, at 18.2%, while the biggest increase was in 2020, at 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	(18.2%)	17.6%	(7.0%)	(3.7%)

Source: SHEV.io

From 2018 to 2021, Croatia and Serbia together made up 90.8% of total export value, with the remaining share distributed among other destinations, each contributing smaller amounts.

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 hand axes, bill hooks and hewing tools to Bosnia and Herzegovina

Imports in kind, kg

In 2021, Bosnia and Herzegovina imported 42 249 kg of hand axes, bill hooks, and hewing tools, a significant increase of 59.2% compared to the prior year. Between 2018 and 2021, imports rose by 72.9%, averaging an annual growth rate of 20.0%. The largest decline was in 2020, at 12.7%.

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	24.4%	(12.7%)	59.2%	20.0%

Source: SHEV.io

During the period from 2018 to 2021, China and Slovenia combined accounted for 84.5% of total imports in kind, with the rest spread across other markets in smaller quantities.

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

Imports of hand axes, bill hooks, and hewing tools into Bosnia and Herzegovina grew for the third consecutive year. In 2021, imports reached 247.2 K $ US, up 38.0% from the previous year. From 2018 to 2021, imports increased by 74.9%, with a compound annual growth rate (CAGR) of 20.5%.

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	23.8%	2.4%	38.0%	20.5%

Source: SHEV.io

Between 2018 and 2021, Slovenia and China were the leading sources for imports in value terms, jointly representing 81.9% of total flows, while the remainder was divided among smaller markets.

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