Market research

Leather and composition leather belts and bandoliers 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 for leather and composition leather belts and bandoliers in Bosnia and Herzegovina showed pronounced fluctuations between 2019 and 2024. Starting at 1 210 thousand USD in 2019, the market contracted sharply to 801 thousand USD in 2020. This was followed by a strong recovery in 2021, with the market size rebounding to 1 253 thousand USD.

From 2021 onward, the market entered a phase of sustained expansion. It grew to 1 406 thousand USD in 2022, then increased further to 1 640 thousand USD in 2023, and reached 2 011 thousand USD in 2024, marking a period of consistent annual growth.

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, 2019-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2019-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In kind, 2019-2024, unit
  2. 5.1.2. In value, 2019-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  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/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, 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/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, 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/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, 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/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, 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 leather belts and bandoliers in Bosnia and Herzegovina

In value, 2018-2021, K $ US

The market exhibited volatility during the observed period. Production volumes fluctuated significantly, with a 1.6-fold variation between the low in 2020 and the high in 2019. In 2021, output of leather and composition leather belts and bandoliers in Bosnia and Herzegovina was valued at 242.6 K $ US, representing a sharp year-over-year increase of 30.1%. The lowest value was recorded in 2020 at 186.5 K $ US, while the largest decline occurred in 2020 with a drop of 35.8%.

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	(35.8%)	30.1%	-

Source: SHEV.io

Exports leather belts and bandoliers from Bosnia and Herzegovina

Exports in kind, kg

Cross-border shipments of leather and composition leather belts and bandoliers from Bosnia and Herzegovina declined for the third consecutive year. In 2021, the country exported 1 171 kg, marking a notable year-over-year decrease of 20.2%. Over the period from 2018 to 2021, exports fell by 57.9%, with a compound annual growth rate (CAGR) of -25.0%.

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	(43.2%)	(7.0%)	(20.2%)	(25.0%)

Source: SHEV.io

From 2018 to 2021, Germany, Croatia, and North Macedonia remained the primary buyers of leather and composition leather belts and bandoliers from Bosnia and Herzegovina in volume terms. Germany accounted for 37.8% of exports, Croatia for 15.0%, and North Macedonia for 12.5%. Together, these three markets constituted 65.3% 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

After a two-year decline, Bosnia and Herzegovina's exports of leather and composition leather belts and bandoliers in value terms increased in 2021. Exports reached 67 K $ US, showing a 9.2% advance from the previous year. Between 2018 and 2021, however, exports decreased by 42.2%, equating to an annualized rate of -16.7%. The lowest value was recorded in 2020 at 62 K $ US, while the largest decline occurred in 2019 with a drop of 30.2%.

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	(30.2%)	(24.2%)	9.2%	(16.7%)

Source: SHEV.io

In the period from 2018 to 2021, three key markets—Germany, Italy, and North Macedonia—collectively accounted for 76.5% of the total export value of leather and composition leather belts and bandoliers 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 leather belts and bandoliers to Bosnia and Herzegovina

Imports in kind, kg

The import market demonstrated volatility over the observed period. Imports reached their lowest point in 2020 and peaked in 2018, with a 2.8-fold difference between these years. In 2021, Bosnia and Herzegovina imported 65 027 kg of leather and composition leather belts and bandoliers, which is 86.2% higher than in 2020. The minimum volume was recorded in 2020 at 34 918 kg, while the largest decline occurred in 2020 with a decrease of 55.6%.

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	(20.9%)	(55.6%)	86.2%	(13.2%)

Source: SHEV.io

Throughout 2018–2021, the import structure in volume terms was dominated by China and Turkey, which together accounted for 83.0% of total flows. Other markets contributed to a long tail of smaller shares.

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 a two-year fall, Bosnia and Herzegovina's imports of leather and composition leather belts and bandoliers in value terms increased in 2021. Imports amounted to 1 077 K $ US, marking a 59.3% rise compared to 2020. The lowest value was recorded in 2020 at 677 K $ US, while the largest decline occurred in 2020 with a drop of 32.4%.

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	(7.5%)	(32.4%)	59.3%	(0.1%)

Source: SHEV.io

From 2018 to 2021, China, Turkey, and Serbia led the import structure in value terms. China accounted for 31.3% of imports, Turkey for 25.1%, and Serbia for 13.4%. Together, these three countries represented 69.8% of total import flows.

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