Plastic boxes, cases and crates market in Bosnia and Herzegovina

Earlier Report Observations

From 2018 to 2024, the market size for plastic boxes, cases, and crates in Bosnia and Herzegovina experienced considerable volatility. After a minor dip to $17.9 million in 2019, it surged to $29.2 million by 2022, representing growth of over 60% from the 2018 level. However, this peak was followed by a sharp contraction, with the market falling to $18.6 million in 2024, effectively returning to its starting point.

This trajectory was driven by contrasting movements in domestic production and exports. Production expanded robustly from $22.3 million in 2018 to a high of $40.8 million in 2022, before moderating to $35.3 million in 2024. Concurrently, exports grew even more dramatically, rising from $13.2 million to $28.8 million over the same period. The strong export growth, particularly after 2022, outpaced the gains in production and imports, leading to the decline in domestic market volume.

By 2024, the market had contracted significantly, with the value of domestic consumption falling below $19 million, as the country's manufacturing sector increasingly served foreign demand.

Production plastic boxes, cases and crates in Bosnia and Herzegovina

In value, 2018-2021, K $ US

In Bosnia and Herzegovina, the production value of plastic boxes, cases and crates reached 32 483 thousand US dollars in 2021, showing a moderate year-over-year increase of 5.3%. Over the four-year period from 2018 to 2021, production grew by 45.4%, with an average annual growth rate of 13.3%.

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

In kind, 2018-2021, t

The market exhibited volatility during the observed period. Production volume was at its lowest in 2018 and peaked in 2019, with a 6.1-fold difference between these years. In 2021, Bosnia and Herzegovina produced 9 000 tonnes of plastic boxes, cases and crates, representing a substantial 513.0% increase compared to the previous year.

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

Exports plastic boxes, cases and crates from Bosnia and Herzegovina

Exports in kind, t

Bosnia and Herzegovina's export volume of plastic boxes, cases and crates increased for the third consecutive year. In 2021, exports amounted to 6 123 tonnes, marking a 13.6% year-over-year rise. Between 2018 and 2021, exports grew by 38.1%, corresponding to an annualized growth rate of 11.4%.

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

From 2018 to 2021, Croatia, Austria, and Serbia were the primary destinations for Bosnia and Herzegovina's exports of plastic boxes, cases and crates in volume terms. Croatia accounted for 36.3% of exports, Austria for 10.8%, and Serbia for 10.5%, together representing 57.6% of total export volume.

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

Cross-border shipments of plastic boxes, cases and crates from Bosnia and Herzegovina increased for the third year in a row. In 2021, export value totaled 20 057 thousand US dollars, a 25.8% increase compared to the previous year. Over the period from 2018 to 2021, exports rose by 52.3%, with an average annual growth rate of 15.1%.

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

Between 2018 and 2021, Croatia, Serbia, and Italy formed the core of Bosnia and Herzegovina's export value for plastic boxes, cases and crates. Croatia contributed 38.1% of export value, Serbia 10.0%, and Italy 8.4%, together accounting for 56.5% of total export 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 plastic boxes, cases and crates to Bosnia and Herzegovina

Imports in kind, t

Imports of plastic boxes, cases and crates into Bosnia and Herzegovina increased for the third consecutive year. In 2021, imports reached 4 107 tonnes, reflecting a 9.9% year-over-year growth. From 2018 to 2021, imports rose by 28.4%, equivalent to an annualized rate of 8.7%.

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

Over the 2018–2021 period, Serbia, Germany, and Croatia were the leading sources of imports in volume terms for Bosnia and Herzegovina. Serbia supplied 28.3% of imports, Germany 20.6%, and Croatia 13.9%, with their combined share totaling 62.9% of import volume.

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

After a two-year decline, imports of plastic boxes, cases and crates into Bosnia and Herzegovina rebounded. In 2021, imports were valued at approximately 11 367 thousand US dollars, showing a 25.8% increase compared to 2020. Over the 2018–2021 period, imports grew by 22.6%, with an average annual rate of 7.0%. The lowest value was recorded in 2020 at 9 035 thousand US dollars, following the largest decline of 2.0% in 2019.

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

From 2018 to 2021, Serbia, Germany, and Croatia were the main markets for Bosnia and Herzegovina's imports in value terms. Serbia accounted for 30.2% of import value, Germany for 13.4%, and Croatia for 12.7%, together making up 56.3% of total import flows.

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