Market research

Particle board of wood 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

From 2018 to 2020, the particle board market in Bosnia and Herzegovina remained relatively stable in volume, fluctuating around 102–103 million m³. In 2021, market volume jumped to 121.4 million m³, while value surged to 66 019 thousand US dollars. This growth coincided with global consumer trends, including a rise in DIY projects and a desire to connect with nature, which boosted demand for wood-based products like particle board.

In 2022, market volume retreated to 107.1 million m³, yet the market's value continued climbing to 69 504 thousand US dollars, suggesting a shift toward higher-value products. This period saw the entry of new player Konstrukta with novel offerings, diversifying supply. Simultaneously, established company Drvo-export reported significant revenue growth, indicating strengthening local market participants. However, by 2023 and 2024, the market's value declined to 65 121 thousand and 62 585 thousand US dollars, respectively, even as volume stabilized around 105 million m³.

By 2024, market volume showed slight recovery to 105.4 million m³. Industry trends highlighted for 2025 include the rise of e-commerce and logistical challenges, pointing to evolving distribution channels for particle board in Bosnia and Herzegovina.

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, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2024
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, m³
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, m³
  2. 5.2.2. In value, 2018-2024, K $ 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, m³
    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, M m³
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, M m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, M m³
    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/K m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/K m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/K m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, M m³
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, M m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, M m³
    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/K m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/K m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/K m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, M m³
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, M m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, M m³
    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/K m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/K m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/K m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, M m³
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, M m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, M m³
    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/K m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/K m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/K m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, M m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, M m³
  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 particle board of wood in Bosnia and Herzegovina

In value, 2018-2021, K $ US

After two consecutive years of growth, particle board production in Bosnia and Herzegovina experienced a decline. In 2021, the output value dropped to 9 499 thousand US dollars, marking a 10.4% decrease from the previous year. Looking at the period from 2018 to 2021, production overall increased by 32.8%, which translates to an average annual growth rate of 9.9%. The peak value was recorded in 2020 at 10 601 thousand US dollars, with the largest annual increase of 37.4% also occurring that year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	7.9%	37.4%	(10.4%)	9.9%

Source: SHEV.io

In kind, 2018-2021, m³

Top producers of particle board of wood, 2018-2021

Source: SHEV.io

World map of production of particle board of wood, 2018-2021

Source: SHEV.io

Following two years of expansion, particle board production in Bosnia and Herzegovina saw a downturn. In 2021, production volume fell to 10 745 cubic meters, representing an 11.4% decline compared to 2020. Over the four-year span from 2018 to 2021, production grew by 18.4%, averaging an annual increase of 5.8%. The highest production volume was achieved in 2020 at 12 133 cubic meters, which also saw the largest yearly growth of 29.5%.

Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	3.3%	29.5%	(11.4%)	5.8%

Source: SHEV.io

Exports particle board of wood from Bosnia and Herzegovina

Exports in kind, M m³

In 2021, Bosnia and Herzegovina exported 0.3 million cubic meters of particle board, a decrease of 3.9% from the previous year. The lowest export volume was recorded in 2019 at 0.2 million cubic meters, which experienced the most significant decline of 37.7%. Exports rebounded in 2020, reaching a peak of 0.3 million cubic meters with a substantial increase of 66.2%.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, M m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(37.7%)	66.2%	(3.9%)	(0.2%)

Source: SHEV.io

From 2018 to 2021, the primary destinations for Bosnia and Herzegovina's particle board exports by volume were Serbia, Germany, and Croatia. Serbia accounted for 42.6% of exports, Germany for 29.1%, and Croatia for 11.8%. Together, these three countries represented 83.5% 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

Particle board exports from Bosnia and Herzegovina grew for the second year in a row. In 2021, export value reached 217 thousand US dollars, reflecting a strong increase of 33.3% compared to 2020. Over the period from 2018 to 2021, exports rose by 46.1%, with an average annual growth rate of 13.5%. The lowest export value was in 2019 at 128 thousand US dollars, which saw a decline of 14.2% that year.

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	(14.2%)	27.7%	33.3%	13.5%

Source: SHEV.io

Between 2018 and 2021, Germany, Serbia, and Croatia remained the top buyers of particle board from Bosnia and Herzegovina in value terms. Germany accounted for 28.9% of exports, Serbia for 23.7%, and Croatia for 11.8%. Collectively, these three markets made up 64.4% 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 particle board of wood to Bosnia and Herzegovina

Imports in kind, M m³

In 2021, Bosnia and Herzegovina's particle board imports reached 121.6 million cubic meters, showing a significant increase of 19.9% from 2020. From 2018 to 2021, imports grew by 19%, averaging 6.0% per year. The lowest import volume was in 2020 at 101.5 million cubic meters, which saw a slight decline of 2.1%.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, M m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	1.3%	(2.1%)	19.9%	6.0%

Source: SHEV.io

During the 2018–2021 period, Croatia, Austria, and Turkey were the leading suppliers of particle board to Bosnia and Herzegovina by volume. Croatia contributed 33.2% of imports, Austria 14.6%, and Turkey 11.8%. Their combined share accounted for 59.6% of total import volume.

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

After two years of decline, particle board imports into Bosnia and Herzegovina rebounded. In 2021, import value surged to 56 738 thousand US dollars, a sharp increase of 46.3% compared to 2020. Over the 2018–2021 period, imports increased by 33.7%, with an average annual growth rate of 10.2%. The lowest import value was in 2020 at 38 784 thousand US dollars, which experienced a decline of 4.7%.

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	(4.1%)	(4.7%)	46.3%	10.2%

Source: SHEV.io

From 2018 to 2021, Croatia, Austria, and Turkey formed the core of Bosnia and Herzegovina's particle board imports in value terms. Croatia accounted for 31.5% of imports, Austria for 16.3%, and Turkey for 11.7%. Together, these three suppliers represented 59.4% 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