Orange juice market in Bosnia and Herzegovina

Earlier Report Observations

The orange juice market in Bosnia and Herzegovina showed considerable volatility in physical volume between 2019 and 2024. After peaking at 2.46 million liters in 2019, total consumption fell sharply to 1.68 million liters in 2020. A rebound followed in 2021, lifting the market to 2.19 million liters, but another significant contraction occurred in 2022, bringing volume down to 1.65 million liters. The market then entered a phase of relative stabilization, with volumes hovering around 1.7-1.8 million liters through 2024.

This pattern was mirrored in the components of supply. Domestic production, after a steep drop from 831 thousand liters in 2019 to 363 thousand liters in 2020, never fully recovered its initial level, fluctuating between 488 and 732 thousand liters in subsequent years. Imports, which form the dominant share of the market, followed a similar volatile track, declining from 1.64 million liters in 2019 to 1.35 million liters in 2020, briefly recovering, then trending downwards to 1.08 million liters by 2024, directly influencing the overall market size.

In value terms, the market exhibited parallel movements, with the market value dropping to $2.4 million in 2020 from $4.0 million the previous year. The subsequent recovery and fluctuations led to a market value of $3.6 million by 2024, indicating a monetary recovery that outpaced the stabilization in physical volume over the latter part of the period.

Production orange juice in Bosnia and Herzegovina

In value, 2018-2021, K $ US

Market performance showed noticeable fluctuations during this period. The lowest value was recorded in 2020 at 672 thousand US dollars, while the highest value was reached in 2019, representing a 2.4-fold difference between these years. In 2021, orange juice output in Bosnia and Herzegovina was valued at 1 000 thousand US dollars, marking a 48.7% increase compared to 2020. The largest decline occurred in 2020, at 58.9%.

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

In kind, 2018-2021, K l

Top producers of orange juice, 2018-2021

World map of production of orange juice, 2018-2021

The market displayed volatility throughout the observed period. The lowest volume was recorded in 2020 at 362.6 thousand liters, while volumes peaked in 2019, showing a 2.3-fold difference between these years. In 2021, Bosnia and Herzegovina produced 620.9 thousand liters of orange juice, representing a 71.2% increase compared to 2020. The largest decline was recorded in 2020, at 56.4%.

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

Exports orange juice from Bosnia and Herzegovina

Exports in kind, K l

The data reveals irregular changes, indicating a volatile market environment. Exports reached their lowest point in 2019 at 14 thousand liters, while the highest level was recorded in 2018, showing a 5.4-fold difference between these years. In 2021, Bosnia and Herzegovina's orange juice export volume reached 73 thousand liters, corresponding to an 80.6% year-over-year increase. The largest decline occurred in 2019, at 81.5%, while the largest increase was recorded in 2020, at 192.5%.

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

From 2018 to 2021, the primary buyers of orange juice from Bosnia and Herzegovina were Serbia (64.7% of exports in kind), North Macedonia (14.0% of exports in kind), and Montenegro (7.3% of exports in kind), jointly accounting for 86.1% of total exports in kind.

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

The market showed signs of volatility over the observed period. The lowest value was recorded in 2019 at 26 thousand US dollars, while exports peaked in 2018, showing a 3.7-fold difference between these years. In 2021, orange juice export volumes from Bosnia and Herzegovina were recorded at 62 thousand US dollars, which is 44.0% higher compared to 2020. The largest decline occurred in 2019, at 72.9%, while the largest increase was recorded in 2020, at 67.4%.

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

From 2018 to 2021, the leading destinations for orange juice exports from Bosnia and Herzegovina in value terms were Serbia (48.3% of exports in value terms), North Macedonia (11.9% of exports in value terms), and Montenegro (9.0% of exports in value terms), which jointly accounted for 69.2% of total flows.

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 orange juice to Bosnia and Herzegovina

Imports in kind, K l

In 2021, Bosnia and Herzegovina's orange juice imports reached 1 641 thousand liters, equivalent to a 21.3% increase compared to the previous year. Between 2018 and 2021, imports grew by 12.2%, equating to an annualized rate of 3.9%. The lowest value was recorded in 2020 at 1 353 thousand liters, while the largest decline occurred in 2020, at 17.4%.

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

From 2018 to 2021, the main suppliers of orange juice to Bosnia and Herzegovina were Serbia (49.6% of imports in kind), Spain (23.6% of imports in kind), and Hungary (12.0% of imports in kind), with their combined share reaching 85.2% of total imports in kind.

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

In 2021, orange juice shipments to Bosnia and Herzegovina from abroad amounted to 2 277 thousand US dollars, showing a sharp rise of 30.9% over the past year. Between 2018 and 2021, imports decreased by 3.9%, equating to an annualized rate of 1.3%. The lowest value was recorded in 2020 at 1 740 thousand US dollars, while the highest value was recorded in 2019 at 2 422 thousand US dollars. The largest decline occurred in 2020, at 28.1%.

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

From 2018 to 2021, the primary suppliers of orange juice to Bosnia and Herzegovina in value terms were Spain (39.4% of imports in value terms), Serbia (36.4% of imports in value terms), and Hungary (7.1% of imports in value terms), jointly accounting for 82.9% 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