Market research

Iron ores and concentrates market in Bosnia and Herzegovina, 2026

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The production volume of iron ores and concentrates in Bosnia and Herzegovina fell consistently from 1 558 thousand tons in 2021 to 991 thousand tons in 2024. This decline drove a parallel contraction in the physical market size, which reduced from 1 573 thousand tons to 974 thousand tons over the same three-year period.

In value terms, the market displayed a different pattern. Total market value rose to a high of 47 727 thousand US dollars in 2022, supported by an increase in production value to 39 564 thousand dollars. However, by 2024, both production and total market value had decreased to 35 545 thousand dollars and 35 068 thousand dollars, respectively.

Import volumes varied throughout the period, with a significant rise to 86 thousand tons in 2022 contributing to that year's market size. Exports remained a minor factor, averaging below 20 thousand tons annually and having little impact on the overall domestic supply.

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, K 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, K 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, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K 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/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, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K 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/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, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K 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/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, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K 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/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, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K 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 iron ores and concentrates 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, K t

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

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

Source: SHEV.io

Exports iron ores and concentrates from Bosnia and Herzegovina

Exports in kind, K t

The market showed significant volatility during this period. Export volumes reached their lowest point in 2019 at 6.5 thousand tons, then peaked in 2021 at 16.0 thousand tons - representing a 2.5-fold increase from the bottom to the top. The year 2021 saw a 6.5% increase compared to the previous year. The most substantial decline occurred in 2019 with a 54.1% drop, while the largest increase was recorded in 2020 with a 132.3% surge.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(54.1%)	132.3%	6.5%	4.3%

Source: SHEV.io

From 2018 to 2021, Hungary and Croatia were the primary export markets, together accounting for 25.7% of total export volumes.

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, Bosnia and Herzegovina exported iron ores and concentrates worth 284 thousand US dollars, representing a solid 10.6% increase compared to 2020. Between 2018 and 2021, exports grew by 14.8%, which translates to an average annual growth rate of 4.7%. The most significant decline occurred in 2020 with a 2.6% decrease.

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	6.5%	(2.6%)	10.6%	4.7%

Source: SHEV.io

During the 2018-2021 period, Hungary and Croatia were the leading buyers of iron ores and concentrates from Bosnia and Herzegovina, jointly representing 21.3% of total export value.

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 iron ores and concentrates to Bosnia and Herzegovina

Imports in kind, K t

The market experienced considerable volatility during these years. Import volumes reached their lowest point in 2020 at 0.2 thousand tons, then peaked in 2019 at 110.8 thousand tons - showing a dramatic 513-fold difference between these extremes. In 2021, Bosnia and Herzegovina imported 30.8 thousand tons of iron ores and concentrates, marking an extraordinary 14,157.1% increase compared to the previous year. The most substantial decline occurred in 2020 with a 99.8% drop, while the largest increase was recorded in 2019 with a 31,893.8% surge.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	31 893.8%	(99.8%)	14 157.1%	346.3%

Source: SHEV.io

From 2018 to 2021, Liberia and Spain were the main sources of imports, together accounting for 99.4% of total import volumes.

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

Market performance showed noticeable fluctuations during this period. Import values reached their lowest point in 2020 at 62 thousand US dollars, then peaked in 2019 at 8,865 thousand US dollars - representing a 143-fold difference between these extremes. In 2021, Bosnia and Herzegovina imported iron ores and concentrates worth 3,748 thousand US dollars, marking a remarkable 5,951.8% increase compared to the previous year. The most significant decline occurred in 2020 with a 99.3% decrease, while the largest increase was recorded in 2019 with an 11,222.8% surge.

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	11 222.8%	(99.3%)	5 951.8%	263.1%

Source: SHEV.io

Throughout the 2018-2021 period, two countries - Liberia and Spain - dominated imports in value terms, while other markets played less significant roles individually.

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

Related Reports

Non-agglomerated iron ores and concentrates market in Bosnia and Herzegovina

2026-03-29

$500

Buy

Iron ores and concentrates excluding roasted iron pyrites market in Bosnia and Herzegovina

2026-03-29

$500

Buy

Aluminium ores and concentrates market in Bosnia and Herzegovina

2026-03-29

$500

Buy

Silica and quartz sands market in Bosnia and Herzegovina

2026-03-29

$500

Buy

Why Choose Us?

Only Verified Data

We provide data exclusively verified by trusted sources and our proprietary validation algorithms.

Сompetitors offer unverified rough estimates, which can differ greatly from reality and therefore cannot be reliably used for decision-making

No Hidden Costs or Separate Fees

All critical data is included in our reports at no extra cost (e.g. top importers and exporters)

Competitors charge separately for essential sections, making their final reports significantly more expensive compared to ours

Smarter Subscription Pricing

Our subscription plans are among the best on the market, offering excellent value and flexibility

Competitors typically set significantly higher prices while offering fewer features and more limited data access

Contact Our Team

Submit your inquiry using the form below — our team will get back to you within 24 hours.