Earlier Report Observations
The market for men's knitted underwear and nightwear in Bosnia and Herzegovina experienced significant volatility between 2021 and 2024. Market volume, measured in physical units, peaked at 6.1 million units in 2021 before beginning a downward trend. The most pronounced contraction occurred in 2023, when volume plummeted by 54% to just 2.7 million units, marking the lowest point in the observed period. A strong recovery followed in 2024, with volume rebounding by 59% to reach 4.2 million units, though this remained below the 2021 level.
This volatility was mirrored in the market's value, but with notable differences in timing. The market's value in US dollars actually grew by 32% in 2022 to $4.8 million even as volume fell, suggesting a shift toward higher-value products or increased prices. The sharp 2023 downturn affected both value and volume, but the 2024 recovery brought the market value back to approximately $3.7 million, close to its 2021 starting point, indicating a market stabilization at a new equilibrium.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
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4.1.2. In value
- 4.1.2.1. Production, 2021-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2021-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bosnia and Herzegovina
- 5.1.1. In kind, 2021-2024, K unit
- 5.1.2. In value, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Bosnia and Herzegovina
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K unit
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K unit
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K unit
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/K unit
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/K unit
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/K unit
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K unit
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K unit
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K unit
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/K unit
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/K unit
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/K unit
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K unit
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K unit
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K unit
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/K unit
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/K unit
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/K unit
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K unit
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K unit
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K unit
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/K unit
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/K unit
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/K unit
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production men's knitted underwear and nightwear 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 | - |
In kind, 2018-2021, K unit
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports men's knitted underwear and nightwear from Bosnia and Herzegovina
Exports in kind, K unit
After two years of growth, Bosnia and Herzegovina's exports of men's knitted underwear and nightwear declined. In 2021, exports reached 985 thousand units, marking a 27.9% decrease compared to 2020. Between 2018 and 2021, exports fell by 16.5%, which translates to an average annual decline of 5.8%. The highest export volume was recorded in 2020 at 1 367 thousand units, with the largest year-on-year increase of 13.3% also occurring that year.
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.3% | 13.3% | (27.9%) | (5.8%) |
From 2018 to 2021, Germany, Italy, and Croatia were the top three markets for Bosnia and Herzegovina's exports of men's knitted underwear and nightwear in volume terms, collectively accounting for 84.9% of total exports.
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
Bosnia and Herzegovina's exports of men's knitted underwear and nightwear in value terms grew for the third consecutive year. In 2021, exports amounted to 4 748 thousand US dollars, representing a significant increase of 10.3% compared to 2020. Over the period from 2018 to 2021, exports rose by 24.7%, averaging an annual growth rate of 7.6%.
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 | 1.2% | 11.6% | 10.3% | 7.6% |
Between 2018 and 2021, Germany, Italy, and Croatia were the leading markets for Bosnia and Herzegovina's exports of men's knitted underwear and nightwear in value terms. Germany accounted for 37.3% of exports, Italy for 28.2%, and Croatia for 20.1%, with these three countries together making up 85.6% of total export value.
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 men's knitted underwear and nightwear to Bosnia and Herzegovina
Imports in kind, K unit
Imports of men's knitted underwear and nightwear into Bosnia and Herzegovina increased for the third year in a row. In 2021, imports totaled 1 450 thousand units, which is 32.7% higher than in 2020. From 2018 to 2021, imports grew by 36.3%, corresponding to an average annual increase of 10.9%.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.1% | 1.5% | 32.7% | 10.9% |
During the 2018–2021 period, Turkey, Serbia, and China were the primary suppliers of men's knitted underwear and nightwear to Bosnia and Herzegovina in volume terms. Turkey held a 49.1% share of imports, Serbia 18.2%, and China 8.8%, with their combined share reaching 76.2% of total import volume.
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 men's knitted underwear and nightwear into Bosnia and Herzegovina in value terms rose for the third consecutive year. In 2021, imports reached 5 119 thousand US dollars, showing a sharp increase of 33.7% compared to the previous year. Between 2018 and 2021, imports surged by 57.6%, averaging an annual growth rate of 16.4%.
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 | 8.9% | 8.2% | 33.7% | 16.4% |
From 2018 to 2021, Turkey, Serbia, and China remained the key suppliers of men's knitted underwear and nightwear to Bosnia and Herzegovina in value terms. Turkey accounted for 49.9% of import value, Serbia for 18.7%, and China for 8.6%, with these three countries jointly comprising 77.2% of total import value.
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
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