Plasters of calcined gypsum or calcium sulphate market in Bosnia and Herzegovina

Earlier Report Observations

The market volume for plasters of calcined gypsum in Bosnia and Herzegovina experienced notable volatility from 2021 to 2024. After a decrease to 10,051 t in 2022, domestic consumption rose sharply by 19% to 11,996 t in 2023, then fell back to 10,077 t the following year.

The decline in market volume during 2022 aligned with higher production costs following an increase in the minimum wage and strengthened workers' rights in the construction sector, factors that likely constrained demand. That same period saw Bosnia and Herzegovina obtain candidate status for EU membership, accelerating the alignment of national construction regulations with European standards.

A broader process of legislative harmonization with the EU acquis, ongoing since 2018, has continuously shaped the regulatory framework for construction materials like gypsum plasters, providing a consistent backdrop for market developments throughout the period.

Production plasters of calcined gypsum or calcium sulphate in Bosnia and Herzegovina

In value, 2018-2021, K $ US

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

In kind, 2018-2021, t

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

Exports plasters of calcined gypsum or calcium sulphate from Bosnia and Herzegovina

Exports in kind, t

In 2021, Bosnia and Herzegovina exported 9 053 tons of plasters of calcined gypsum or calcium sulphate, marking a modest increase of 1.9% compared to the previous year. Over the period from 2018 to 2021, exports grew by 13.5%, which translates to an average annual growth rate of 4.3%. The highest export volume was recorded in 2019 at 9 363 tons, with the largest year-on-year increase of 17.4% occurring that same year. In contrast, the most significant decline was observed in 2020, when exports fell by 5.1%.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, Croatia, Serbia, and Slovenia were the primary destinations for Bosnia and Herzegovina's exports of plasters of calcined gypsum or calcium sulphate in terms of volume. Croatia accounted for 44.8% of these exports, Serbia for 33.8%, and Slovenia for 15.9%. Together, these three countries represented 94.5% of the total export flows during this period.

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

In 2021, Bosnia and Herzegovina's exports of plasters of calcined gypsum or calcium sulphate reached a value of 956.4 thousand US dollars, reflecting a gradual year-over-year increase of 6.6%. Between 2018 and 2021, export values rose by 14.5%, corresponding to an average annual growth rate of 4.6%. The largest decline in export value occurred in 2020, with a decrease of 1.7%, while the most substantial increase was recorded in 2019, at 9.3%.

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

During the 2018–2021 period, Croatia, Serbia, and Slovenia led as the top buyers of plasters of calcined gypsum or calcium sulphate from Bosnia and Herzegovina in value terms. Croatia held a 41.1% share of these exports, Serbia accounted for 37.7%, and Slovenia made up 15.6%. Collectively, these three countries contributed 94.4% of the total export value.

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 plasters of calcined gypsum or calcium sulphate to Bosnia and Herzegovina

Imports in kind, t

In 2021, Bosnia and Herzegovina imported 2 109 tons of plasters of calcined gypsum or calcium sulphate, representing a 14.1% increase from the previous year. Over the span from 2018 to 2021, imports decreased by 16.1%, averaging an annual decline of 5.7%. The lowest import volume was in 2020 at 1 848 tons, with the largest year-on-year drop of 50.0% occurring that year. Conversely, the highest import volume was in 2019 at 3 699 tons, which also saw the most significant increase of 47.1% compared to the prior year.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, Austria, Croatia, and North Macedonia remained the key suppliers of plasters of calcined gypsum or calcium sulphate to Bosnia and Herzegovina in volume terms. Austria provided 52.6% of these imports, Croatia supplied 20.6%, and North Macedonia contributed 14.5%. Together, these three countries accounted for 87.7% of the total import volume during this timeframe.

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, Bosnia and Herzegovina imported plasters of calcined gypsum or calcium sulphate valued at 443.3 thousand US dollars, showing a sharp year-over-year rise of 42.2%. Between 2018 and 2021, import values increased by 4.6%, equating to an average annual growth rate of 1.5%. The lowest import value was recorded in 2020 at 311.8 thousand US dollars, with the largest decline of 41.3% occurring that year. The highest import value was in 2019 at 531.0 thousand US dollars.

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

Between 2018 and 2021, three main markets—Austria, Germany, and North Macedonia—collectively represented 79.1% of the total import value of plasters of calcined gypsum or calcium sulphate into Bosnia and Herzegovina.

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