Market research

Low-voltage switching, protection and connection apparatus 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

The market for low-voltage switching, protection and connection apparatus in Bosnia and Herzegovina saw its value increase from $37.6 million in 2021 to a peak of $46.8 million in 2023, before a slight correction to $45.7 million in 2024. This expansion was almost entirely driven by a steady rise in imports, which grew from $59.0 million to $69.9 million over the same three-year period.

Domestic production represented a small share of the market and declined from $2.8 million to $2.2 million between 2021 and 2024. Concurrently, export values remained relatively stable, fluctuating between $24.0 million and $26.4 million, which moderated the net market growth contributed by imports.

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, K unit
  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 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, 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 low-voltage switching, protection and connection apparatus 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

Exports low-voltage switching, protection and connection apparatus from Bosnia and Herzegovina

Exports in kind, t

Exports of low-voltage switching, protection, and connection apparatus from Bosnia and Herzegovina have grown for the third year in a row. In 2021, exports reached 1 476 tons, marking an 18.2% increase compared to 2020. From 2018 to 2021, exports rose by 32.9%, with an average annual growth rate of 10.0%.

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	0.6%	11.8%	18.2%	10.0%

Source: SHEV.io

From 2018 to 2021, Croatia, Austria, and Slovenia remained the primary destinations for Bosnia and Herzegovina's exports of low-voltage switching, protection, and connection apparatus in volume terms. Croatia accounted for 35.6% of exports, Austria for 28.8%, and Slovenia for 23.1%. Together, these three countries made up 87.5% 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

The value of low-voltage switching, protection, and connection apparatus exports from Bosnia and Herzegovina has increased for the second consecutive year. In 2021, exports were recorded at 24 252 thousand US dollars, showing a strong 20.9% rise from the previous year. Between 2018 and 2021, export values grew by 17.8%, with an average annual growth rate of 5.6%. The lowest value was in 2019 at 19 224 thousand US dollars, which also saw the largest decline of 6.6%.

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	(6.6%)	4.3%	20.9%	5.6%

Source: SHEV.io

From 2018 to 2021, Slovenia, Austria, and Croatia continued to be the key partners for Bosnia and Herzegovina's exports of low-voltage switching, protection, and connection apparatus in value terms. Slovenia represented 30.9% of export value, Austria 28.3%, and Croatia 26.6%. Combined, these three countries accounted for 85.8% of total export flows.

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 low-voltage switching, protection and connection apparatus to Bosnia and Herzegovina

Imports in kind, t

In 2021, Bosnia and Herzegovina imported 2 719 tons of low-voltage switching, protection, and connection apparatus, a 22.5% increase from the previous year. From 2018 to 2021, import volumes grew by 19.4%, with an average annual rate of 6.1%. The lowest volume was in 2020 at 2 220 tons, which also experienced the largest decline of 6.5%.

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	4.3%	(6.5%)	22.5%	6.1%

Source: SHEV.io

Between 2018 and 2021, Austria, Slovenia, and China were significant suppliers of low-voltage switching, protection, and connection apparatus to Bosnia and Herzegovina in volume terms. Austria contributed 15.8% of imports, Slovenia 14.9%, and China 13.8%. However, their combined share was only 44.6% of total import volumes, with the remaining 55.4% spread across numerous other partners.

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

In 2021, Bosnia and Herzegovina's imports of low-voltage switching, protection, and connection apparatus amounted to 58 996 thousand US dollars, a sharp 29.4% year-on-year increase. From 2018 to 2021, import values rose by 22%, with an average annual growth rate of 6.8%. The lowest value was in 2020 at 45 595 thousand US dollars, which also saw the largest decline of 7.4%.

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	1.8%	(7.4%)	29.4%	6.8%

Source: SHEV.io

From 2018 to 2021, the import market for low-voltage switching, protection, and connection apparatus in Bosnia and Herzegovina was highly fragmented in value terms. Germany accounted for 17.6% of import value, Austria for 14.4%, and Slovenia for 12.9%. Together, these three countries made up just 45.0% of total import flows, with no single partner emerging as clearly dominant.

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