Market research

Helical springs market in Bosnia and Herzegovina

Release date: Mar 30, 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

Between 2018 and 2022, imports of helical springs into Bosnia and Herzegovina grew steadily from 2.8 million US dollars to nearly 3.7 million US dollars, indicating increasing reliance on foreign supply. Over the same period, exports more than halved, falling from 490 thousand US dollars to 213 thousand US dollars, reducing the country's presence in external markets.

After 2022, import volumes dipped to 3.2 million US dollars in 2023 before resuming growth. Domestic production, for which data is available from 2021, fell sharply from 984 thousand US dollars in 2021 to 340 thousand US dollars in 2023, stabilizing at a low level of 336 thousand US dollars in 2024.

The total market size, derived from production, imports, and exports, peaked at 4.3 million US dollars in 2022. It then contracted significantly to 3.4 million US dollars in 2023, reflecting the concurrent drop in production and imports, before a modest recovery to 3.5 million US dollars in 2024.

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, t
  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, t
  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, 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 helical springs 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, 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	-

Source: SHEV.io

Exports helical springs from Bosnia and Herzegovina

Exports in kind, t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2020 and peaked in 2018, with a 5.6-fold difference between these years. In 2021, Bosnia and Herzegovina exported 9.6 tonnes of helical springs, showing a slight increase of 0.8% compared to the previous year. The minimum volume was recorded in 2020 at 9.5 tonnes, while the largest decline occurred in 2019 with a drop of 73.1%.

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	(73.1%)	(34.0%)	0.8%	(43.7%)

Source: SHEV.io

From 2018 to 2021, the Netherlands, Serbia, and Belgium were the main markets for Bosnia and Herzegovina's helical springs exports in kind. The Netherlands accounted for 29.0% of exports, Serbia for 18.4%, and Belgium for 16.4%. Together, these three countries represented 63.9% 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, helical springs exports from Bosnia and Herzegovina increased in 2021. The country exported 400 thousand US dollars worth of helical springs that year, marking a strong rise of 12.9% from 2020. Between 2018 and 2021, exports decreased by 18.4%, which translates to an annualized rate of 6.5%. The lowest value was recorded in 2020 at 355 thousand US dollars, with the largest decline of 20.6% also occurring in 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	(8.8%)	(20.6%)	12.9%	(6.5%)

Source: SHEV.io

From 2018 to 2021, Belgium remained the dominant partner for Bosnia and Herzegovina's helical springs exports in value terms, holding a share of 77.1% of total flows. Other markets contributed smaller portions, forming a long tail in the export structure.

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 helical springs to Bosnia and Herzegovina

Imports in kind, t

Bosnia and Herzegovina imported 764.2 tonnes of helical springs in 2021, up by 2.2% compared to 2020. Over the period from 2018 to 2021, imports grew by 11.4%, equivalent to an annualized rate of 3.7%. The highest volume was recorded in 2019 at 877.2 tonnes. The largest decline occurred in 2020 with a drop of 14.8%, while the largest increase was in 2019 with a rise of 27.9%.

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	27.9%	(14.8%)	2.2%	3.7%

Source: SHEV.io

During 2018–2021, Turkey, Germany, and Bulgaria were the main suppliers of helical springs to Bosnia and Herzegovina in kind. Turkey accounted for 25.7% of imports, Germany for 24.7%, and Bulgaria for 17.0%. Collectively, these three countries made up 67.3% of total imports 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

Bosnia and Herzegovina's helical springs imports increased for the third consecutive year in 2021. The country imported 3 687 thousand US dollars worth of helical springs, up by 26.6% from the previous year. From 2018 to 2021, imports rose by 33.5%, with a compound annual growth rate of 10.1%.

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	5.3%	0.1%	26.6%	10.1%

Source: SHEV.io

In 2018–2021, the partner structure for Bosnia and Herzegovina's helical springs imports in value terms was relatively balanced rather than concentrated. Germany accounted for 29.0% of imports, Slovenia for 10.1%, and Turkey for 7.9%. Together, these three countries represented 47.0% of total flows, with many other countries contributing the remaining 53.0%.

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