Earlier Report Observations
The rum market in Bosnia and Herzegovina is largely supplied by imports, which grew from 45 324 liters in 2018 to 66 219 liters in 2024. After steady increases through 2022, imports dipped slightly in 2023 before surging 37% in 2024, providing the primary volume for market expansion.
Domestic production remained a minor contributor, fluctuating between 4 003 and 8 843 liters annually from 2021 to 2024. Despite these swings, the total market volume rose from 53 745 liters in 2021 to 71 797 liters in 2024, with the sharp import rise in 2024 driving most of the growth.
In value terms, the market more than doubled from 180.5 thousand USD in 2021 to 363.1 thousand USD in 2024, indicating that the volume increase was accompanied by higher valuation, likely due to product mix or price changes.
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
-
4.1. Key Market Indicators
-
4.1.1. In kind
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
-
4.1.2. In value
- 4.1.2.1. Production, 2021-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2021-2024
-
4.1.1. In kind
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Bosnia and Herzegovina
- 5.1.1. In kind, 2021-2024, l
- 5.1.2. In value, 2021-2024, $ US
-
5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, l
- 5.2.2. In value, 2018-2024, $ US
-
5.1. Production in Bosnia and Herzegovina
-
6. Imports
-
6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
-
6.1.2. Imports in kind, l
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, l
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, l
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
-
6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
-
6.1.4. Average price of product's imports, $ US/l
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/l
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/l
-
6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
-
6.2.2. Imports in kind, l
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, l
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, l
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
-
6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
-
6.2.4. Average price of product's imports, $ US/l
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/l
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/l
-
6.1. Imports (Direct Data)
-
7. Exports
-
7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
-
7.1.2. Exports in kind, l
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, l
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, l
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
-
7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
-
7.1.4. Average price of product's exports, $ US/l
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/l
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/l
-
7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
-
7.2.2. Exports in kind, l
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, l
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, l
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
-
7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
-
7.2.4. Average price of product's exports, $ US/l
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/l
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/l
-
7.1. Exports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, l
- 8.1.2. In value, K $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, l
- 8.2.2. In value, K $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2025
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production rum 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 | - |
In kind, 2018-2021, l
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, l
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports rum from Bosnia and Herzegovina
Exports in kind, l
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, l
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2018 to 2021, Croatia was the sole buyer of rum from Bosnia and Herzegovina, accounting for 100.0% of total exports in kind.
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
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 | n/a | n/a | n/a | - |
Between 2018 and 2021, Croatia dominated the geographical structure of rum exports from Bosnia and Herzegovina in value terms, representing 100.0% of total 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 rum to Bosnia and Herzegovina
Imports in kind, l
Bosnia and Herzegovina's rum imports grew for the second consecutive year. In 2021, imports reached 48 172 liters, marking a 5.4% increase from the previous year. Over the period from 2018 to 2021, imports rose by 6.3%, averaging an annual growth rate of 2.1%. The lowest import volume was recorded in 2019 at 45 084 liters, with the largest decline of 0.5% occurring that same year.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, l
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.5%) | 1.3% | 5.4% | 2.1% |
From 2018 to 2021, the key sources for rum imports in kind to Bosnia and Herzegovina were Croatia (65.4% of imports in kind), Cuba (9.3% of imports in kind), and the United Kingdom (6.3% of imports in kind), collectively accounting for 81.0% of total flows.
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
Following a two-year decline, Bosnia and Herzegovina's rum imports in value terms rebounded. In 2021, imports amounted to approximately 159.4 thousand US dollars, showing a solid increase of 18.3% compared to the previous year. The lowest value was recorded in 2020 at 134.7 thousand US dollars, while the largest decline of 10.3% occurred in 2019.
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 | (10.3%) | (7.0%) | 18.3% | (0.4%) |
Between 2018 and 2021, the core markets for rum imports in value terms to Bosnia and Herzegovina were Croatia (34.1% of imports in value terms), Cuba (23.1% of imports in value terms), and the United States (11.0% of imports in value terms), together representing 68.2% of total 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
Related Reports
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.