Market research

Milk and cream market in Bosnia and Herzegovina

Release date: Mar 27, 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 not concentrated, not sweetened milk and cream in Bosnia and Herzegovina showed significant growth from 2021 to 2024. Market size increased from 102.1 million dollars in 2021 to 112.9 million dollars in 2022, then dipped slightly to 109.8 million dollars in 2023 before jumping to 138.3 million dollars in 2024.

Domestic production rose steadily over this period, from 120.2 million dollars in 2021 to 150.8 million dollars in 2024, providing a strong base for market expansion. Imports and exports both trended upward, with imports reaching 35.4 million dollars and exports 47.9 million dollars in 2024, influencing the net market volume.

The overall market growth of 35% between 2021 and 2024 highlights a period of expansion for the milk and cream sector in Bosnia and Herzegovina, driven primarily by increased production capacity.

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, 2018-2024, K t
  2. 5.1.2. In value, 2021-2024, M $ 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, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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/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, 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/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, 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/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, 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/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, 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 milk and cream in Bosnia and Herzegovina

In value, 2018-2021, M $ US

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

Top producers of milk and cream, 2018-2021

Source: SHEV.io

World map of production of milk and cream, 2018-2021

Source: SHEV.io

Milk and cream production in Bosnia and Herzegovina has been declining for three consecutive years. In 2021, production reached 169.1 K t, marking a significant year-over-year decrease of 74.0%. From 2018 to 2021, overall production fell by 75.8%, which translates to an annualized decline rate of 37.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.3%)	(1.7%)	(74.0%)	(37.7%)

Source: SHEV.io

Exports milk and cream from Bosnia and Herzegovina

Exports in kind, t

Following two years of growth, milk and cream exports from Bosnia and Herzegovina experienced a decline. In 2021, exports totaled 66 450 t, down 8.0% compared to 2020. Over the period from 2018 to 2021, exports increased by 7.9%, with an annualized growth rate of 2.6%. The peak export volume was recorded in 2020 at 72 253 t, while the largest annual increase occurred in 2019 at 8.9%.

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	8.9%	7.7%	(8.0%)	2.6%

Source: SHEV.io

From 2018 to 2021, the main destinations for Bosnia and Herzegovina's milk and cream exports in kind were Serbia, accounting for 36.5% of exports, Montenegro at 26.3%, and North Macedonia at 23.0%. Together, these three markets represented 85.7% of total export flows.

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 two years of growth, the value of milk and cream exports from Bosnia and Herzegovina declined. In 2021, exports were valued at 38 199 K $ US, showing a controlled decrease of 5.0% compared to the previous year. Between 2018 and 2021, export value increased by 8.7%, with an annualized growth rate of 2.8%. The highest value was recorded in 2020 at 40 191 K $ US, which also saw the largest annual increase of 11.4%.

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	2.7%	11.4%	(5.0%)	2.8%

Source: SHEV.io

From 2018 to 2021, the largest buyers of milk and cream from Bosnia and Herzegovina in value terms were Serbia, with 36.3% of exports, Montenegro at 27.4%, and North Macedonia at 24.0%. Combined, these three countries accounted for 87.7% 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 milk and cream to Bosnia and Herzegovina

Imports in kind, t

Import volumes of milk and cream into Bosnia and Herzegovina showed irregular changes, reflecting a volatile market. In 2021, imports totaled 18 883 t, a sharp year-over-year decline of 46.3%. The highest import volume was recorded in 2019 at 53 066 t, which also saw the largest annual increase of 132.4%. Between 2019 and 2021, imports varied by 2.8-fold, with the lowest point in 2021.

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	132.4%	(33.7%)	(46.3%)	(6.1%)

Source: SHEV.io

During 2018–2021, imports of milk and cream in kind to Bosnia and Herzegovina were heavily concentrated in two countries: Serbia and Croatia. Other markets played a less significant role individually.

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

The value of milk and cream imports into Bosnia and Herzegovina declined for the second consecutive year. In 2021, imports amounted to 29 966 K $ US, showing a modest decrease of 8.5% compared to the previous year. Over the period from 2018 to 2021, import value increased by 3.1%, with a compound annual growth rate of 1.0%. The peak value was recorded in 2019 at 29 966 K $ US, which also experienced the largest annual increase of 54.2%. The largest annual decline occurred in 2020 at 27.0%.

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	54.2%	(27.0%)	(8.5%)	1.0%

Source: SHEV.io

From 2018 to 2021, the largest suppliers of milk and cream to Bosnia and Herzegovina in value terms were Croatia, accounting for 33.7% of imports, Serbia at 25.6%, and Germany at 20.1%. Together, these three countries formed 79.4% of total import value.

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