Preserved vegetables, fruit and nuts market in Bosnia and Herzegovina

Earlier Report Observations

Between 2018 and 2024, the physical volume of the preserved vegetables, fruit and nuts market in Bosnia and Herzegovina experienced notable fluctuations. Starting at 5 279 t, market size reached a peak of 6 542 t in 2021 before declining to 4 866 t in 2023 and partially recovering to 5 623 t by the end of the period. In contrast, the market's value in US dollars demonstrated a strong upward trend, more than doubling from 6 323 thousand $ in 2018 to 10 663 thousand $ in 2024, indicating a significant increase in the average monetary value of goods consumed.

Domestic production in volume terms declined from 4 999 t to 4 505 t over these years, while its value rose substantially, suggesting a shift in the product mix or higher prices. Imports, both in volume and value, generally increased after 2021, becoming a larger component of supply. Exports showed volatility but remained at a lower level than imports throughout, resulting in the country being a net importer by 2024.

The year 2021 marked the high point for market volume, followed by a two-year contraction. The market's recovery in value terms in 2024, reaching a new high, was driven by a surge in both the value of domestic output and import spending, highlighting changing cost structures and consumer expenditure patterns for these goods.

Production preserved vegetables, fruit and nuts in Bosnia and Herzegovina

In value, 2018-2021, K $ US

Bosnia and Herzegovina's production of preserved vegetables, fruit and nuts has grown for the second year in a row. In 2021, output reached 8 051 thousand US dollars, showing a strong increase of 20.5% compared to 2020. Looking at the period from 2018 to 2021, production rose by 28.9%, with an average annual growth rate of 8.8%. The lowest value was recorded in 2019 at 5 935 thousand US dollars, which also saw the largest decline of 4.9%.

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

In kind, 2018-2021, t

Bosnia and Herzegovina's production of preserved vegetables, fruit and nuts has increased for the second consecutive year. In 2021, the country produced 5 879 tonnes, reflecting a rise of 20.3% compared to the previous year. Over the 2018-2021 period, production grew by 17.6%, with an average annual growth rate of 5.6%. The lowest volume was recorded in 2019 at 4 679 tonnes, which also experienced the largest decline of 6.4%.

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

Exports preserved vegetables, fruit and nuts from Bosnia and Herzegovina

Exports in kind, t

Exports of preserved vegetables, fruit and nuts from Bosnia and Herzegovina have declined for the third year in a row. In 2021, exports stood at 1 144 tonnes, representing a reduction of 22.3% compared to the previous year. Between 2018 and 2021, exports decreased by 30.3%, equating to an annualized decline of 11.3%.

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

From 2018 to 2021, Serbia, Sweden, and Montenegro were the main markets for exports in volume terms, accounting for 21.4%, 16.9%, and 13.6% of exports respectively. Together, these three countries represented 51.8% of total export flows.

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

Exports of preserved vegetables, fruit and nuts from Bosnia and Herzegovina have fallen for the third consecutive year. In 2021, exports amounted to 1 537 thousand US dollars, marking a substantial reduction of 16.4% compared to the previous year. Over the 2018-2021 period, exports decreased by 27.9%, with an average annual decline of 10.3%.

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

An analysis of exports in value terms from 2018 to 2021 shows a broad distribution across many markets. Sweden, Montenegro, and Serbia accounted for 19.7%, 15.8%, and 14.2% of exports respectively, together representing 49.7% of total flows. The remaining 50.3% was distributed among other trading partners.

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 preserved vegetables, fruit and nuts to Bosnia and Herzegovina

Imports in kind, t

Imports of preserved vegetables, fruit and nuts into Bosnia and Herzegovina have declined for the second year in a row. In 2021, imports totaled approximately 1 808 tonnes, equivalent to a drop of 10.9% from the previous year. Over the 2018-2021 period, imports decreased by 5.9%, with an average annual decline of 2.0%. The highest volume was recorded in 2019 at 2 578 tonnes, which also saw the largest increase of 34.2%. The largest decline occurred in 2020, with a decrease of 21.3%.

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

Throughout 2018-2021, North Macedonia and Serbia dominated imports in volume terms, concentrating 87.0% of total imports. The remaining share was distributed among other destinations, each with smaller individual contributions.

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

Imports of preserved vegetables, fruit and nuts into Bosnia and Herzegovina have declined for the second consecutive year. In 2021, imports amounted to 2 396 thousand US dollars, marking a limited decline of 5.4% compared to the previous year. Over the 2018-2021 period, imports increased by 8.3%, with an average annual growth rate of 2.7%. The highest value was recorded in 2019 at 3 012 thousand US dollars, which also experienced the largest increase of 36.2%. The largest decline occurred in 2020, with a decrease of 15.9%.

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

From 2018 to 2021, North Macedonia and Serbia remained the key destinations for imports in value terms, jointly accounting for 82.6% of total flows. Other partners were much less significant individually.

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