Earlier Report Observations
The market for fresh or chilled olives in Bosnia and Herzegovina expanded strongly from 610 t in 2018 to 776 t in 2019 and reached a peak of 986 t in 2020. This represented a cumulative growth of over 60% in just two years.
A reversal began in 2021, with market volume falling by 15% to 840 t. The contraction accelerated in 2022, dropping by 31% to 576 t, and continued in 2023 with a further 13% decline to 504 t. By 2023, the market had nearly halved from its 2020 high.
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, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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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. Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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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, kg
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2024, $ US/t
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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, kg
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production olives in Bosnia and Herzegovina
In kind, 2017-2020, t
Top producers of olives, 2017-2020
World map of production of olives, 2017-2020
Olive production in Bosnia and Herzegovina has grown for the third year in a row. In 2020, the country produced 985.0 tonnes of olives, marking a significant increase of 26.9% compared to 2019. Looking at the period from 2017 to 2020, production surged by 250%, with an average annual growth rate of 51.8%.
Annual dynamics of production in Bosnia and Herzegovina in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 116.8% | 27.2% | 26.9% | 51.8% |
Exports olives from Bosnia and Herzegovina
According to market research, Bosnia and Herzegovina did not export any olives between 2017 and 2020.
Imports olives to Bosnia and Herzegovina
Imports in kind, kg
Import levels showed considerable variation during this period. In 2018, imports reached their lowest point, while 2017 saw the highest levels, with a 33-fold difference between these two years. In 2020, Bosnia and Herzegovina imported 536 kg of olives, which represents a 96.9% decrease compared to 2019.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (96.9%) | n/a | n/a | (20.8%) |
From 2017 to 2020, Greece and Spain were the dominant sources of olive imports to Bosnia and Herzegovina, together accounting for 98.0% of total imports. Other countries contributed only minor shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bosnia and Herzegovina in kind, 2017-2020
Imports in value, $ US
Import values experienced significant fluctuations over this period. In 2018, values were at their lowest, while 2017 recorded the highest, with a 14.2-fold difference between these years. In 2020, the value of olive imports into Bosnia and Herzegovina totalled 482 US dollars, showing a sharp decline of 93.0% compared to the previous year.
Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (93.0%) | n/a | n/a | (41.6%) |
Between 2017 and 2020, Greece dominated the import market in value terms, accounting for 78.7% of total imports. Other trading partners held relatively small shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bosnia and Herzegovina in value, 2017-2020
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