Liquid filtration or purification machinery market in Bosnia and Herzegovina

Earlier Report Observations

The market for liquid filtration and purification machinery in Bosnia and Herzegovina experienced substantial expansion from 2021 to 2024. Market size increased from 28.8 million US dollars in 2021 to 53.5 million US dollars in 2024, marking an 86% growth over three years. The most pronounced surge occurred between 2023 and 2024, when the market value jumped by 40%.

This growth was underpinned by a strong rise in domestic production, which advanced from 25.8 million US dollars to 46.1 million US dollars during the same period. Concurrently, imports increased from 21.0 million to 26.4 million US dollars, while exports saw a more moderate climb from 18.1 million to 18.9 million US dollars, contributing to the net market expansion.

Over the broader 2018–2025 period, import values fluctuated between 18.0 million and 27.9 million US dollars, with a sustained upward trend from 2022 onward. Export values remained relatively stable until 2025, when they reached 29.4 million US dollars, indicating a shift in trade dynamics that may influence the market structure.

Production liquid filtration or purification machinery in Bosnia and Herzegovina

In value, 2018-2021, K $ US

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

In kind, 2018-2021, K unit

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

Exports liquid filtration or purification machinery from Bosnia and Herzegovina

Exports in kind, K unit

The data shows irregular changes, pointing to a volatile market environment. Bosnia and Herzegovina exported 2,449 thousand units of liquid filtration or purification machinery in 2021. Import levels fluctuated significantly, with a {ampRatio}-fold difference between the low in 2020 and the high in 2018.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K unit

From 2018 to 2021, Germany was the main market for Bosnia and Herzegovina's exports in kind, accounting for 61.4% of the total. Serbia followed with 6.3%, and Poland with 5.8%. Together, these three countries represented 73.5% of all export flows during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021

Exports in value, K $ US

Exports of liquid filtration or purification machinery from Bosnia and Herzegovina increased for the second year in a row. In 2021, exports reached 18,086 thousand US dollars, marking a notable 22.9% rise compared to the previous year. The lowest value was recorded in 2019 at 14,523 thousand US dollars, which saw the largest decline of 17.8%. Overall, between 2018 and 2021, exports grew by 2.4%, averaging an annual increase of 0.8%.

Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US

Between 2018 and 2021, Germany contributed the most to Bosnia and Herzegovina's export value, making up 61.2% of the total. Serbia accounted for 8.8%, and Poland for 5.9%. Combined, these three markets represented 75.8% of the total export flows in value terms.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Bosnia and Herzegovina in value, 2018-2021

Imports liquid filtration or purification machinery to Bosnia and Herzegovina

Imports in kind, K unit

The market displayed an unstable trend over the observed period. In 2021, Bosnia and Herzegovina imported 9,520 thousand units of liquid filtration or purification machinery, a sharp increase of 1,202.1% from 2020. The lowest import volume was in 2020 at 731 thousand units, which also experienced the largest decline of 74.2%. Import levels varied widely, with a 13-fold difference between the low in 2020 and the high in 2021.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, K unit

From 2018 to 2021, the top sources for imports in kind of liquid filtration or purification machinery to Bosnia and Herzegovina were Poland, with 27.1% of the total, Germany at 20.6%, and China at 11.1%. Together, these three countries accounted for 58.8% of all import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021

Imports in value, K $ US

Imports of liquid filtration or purification machinery into Bosnia and Herzegovina rose for the second consecutive year. In 2021, imports totaled 21,000 thousand US dollars, showing a gradual improvement of 9.9% over 2020. The minimum value was in 2019 at 18,031 thousand US dollars, which saw the largest decline of 10.7%. Between 2018 and 2021, imports increased by 4%, averaging a 1.3% annual growth rate.

Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US

Over the 2018–2021 period, Germany led as the top supplier in value terms, accounting for 30.5% of Bosnia and Herzegovina's imports. Poland followed with 12.1%, and France with 8.4%. Collectively, these three countries made up 51.0% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Bosnia and Herzegovina in value, 2018-2021