Market research

Organic solvents and paint removers market in Bosnia and Herzegovina

Release date: Mar 29, 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

Import volumes of organic solvents and paint removers into Bosnia and Herzegovina fluctuated over the period, starting at 4 481 t in 2018 before declining to 4 226 t in 2019. After a recovery to 4 416 t in 2021, imports dropped notably to 3 841 t in 2022 and then stabilized around 4 174 t in 2023-2024. Exports saw a sharp and sustained contraction from 5 013 t in 2018 to 1 324 t in 2021, continuing to fall to 954 t by 2024.

Domestic production remained minimal until 2023, when it more than doubled to 87 t from 43 t the previous year. This contributed to the overall market volume, which measured 3 134 t in 2021, fell to 2 652 t in 2022, and then grew to 3 271 t in 2023 and 3 286 t in 2024.

In value terms, the market followed a similar pattern with import value rising from 5 666 тыс. долл. США in 2018 to 7 327 тыс. долл. США in 2023. The total market value increased from 5 416 тыс. долл. США in 2021 to 6 519 тыс. долл. США in 2023, reflecting higher unit values or a shift in product mix despite the physical volume dip in 2022.

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 kind
    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. 4.1.2. In value
    1. 4.1.2.1. Production, 2021-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. 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, kg
  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, kg
  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/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 organic solvents and paint removers in Bosnia and Herzegovina

In value, 2018-2021, $ US

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2018-2021, kg

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports organic solvents and paint removers from Bosnia and Herzegovina

Exports in kind, t

Exports of organic solvents and paint removers from Bosnia and Herzegovina declined for the third year in a row. In 2021, shipments abroad totaled 1,324 tonnes, marking a significant 22.7% drop compared to the previous year. Over the 2018-2021 period, exports fell by 73.6%, with an average annual decline of 35.8%.

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	(45.0%)	(37.9%)	(22.7%)	(35.8%)

Source: SHEV.io

From 2018 to 2021, Serbia, Slovenia, and Bulgaria were the main destinations for exports in volume terms. Serbia accounted for 48.8% of shipments, Slovenia for 25.3%, and Bulgaria for 22.1%. Together, these three countries represented 96.2% 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

Export revenues from organic solvents and paint removers shipped from Bosnia and Herzegovina fell for the third consecutive year. In 2021, exports were valued at 879,000 US dollars, reflecting a 7.8% decrease from 2020. Between 2018 and 2021, export value dropped by 75.6%, with an average annual decline of 37.5%.

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	(50.6%)	(46.4%)	(7.8%)	(37.5%)

Source: SHEV.io

Between 2018 and 2021, Serbia, Slovenia, and Bulgaria remained the top buyers of organic solvents and paint removers from Bosnia and Herzegovina in value terms. Serbia's share was 36.9%, Slovenia's 29.8%, and Bulgaria's 25.7%. Collectively, these three markets accounted for 92.4% 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 organic solvents and paint removers to Bosnia and Herzegovina

Imports in kind, t

Imports of organic solvents and paint removers into Bosnia and Herzegovina increased for the second year running. In 2021, import volume reached 4,416 tonnes, showing a modest 1.5% rise from the previous year. The lowest volume was recorded in 2019 at 4,226 tonnes, which represented a 5.7% decline from 2018. This was followed by a 3.0% increase in 2020.

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	(5.7%)	3.0%	1.5%	(0.5%)

Source: SHEV.io

From 2018 to 2021, Italy was the dominant source for imports in volume terms, holding a 73.7% share of total flows. The remaining imports were spread across various other markets.

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

Import spending on organic solvents and paint removers in Bosnia and Herzegovina rose for the second consecutive year. In 2021, imports were valued at 6,242,000 US dollars, indicating a strong 16.2% increase compared to 2020. Between 2018 and 2021, import value grew by 10.2%, equivalent to an average annual rate of 3.3%. The lowest value was in 2019 at 5,166,000 US dollars, which marked an 8.8% drop from 2018.

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	(8.8%)	3.9%	16.2%	3.3%

Source: SHEV.io

Throughout 2018-2021, Italy, Slovenia, and Germany were the key sources for imports in value terms. Italy accounted for 50.3% of import value, Slovenia for 10.2%, and Germany for 10.0%. Together, these three countries made up 70.5% of total import flows.

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