Salted, brined, dried or smoked pork market in Bosnia and Herzegovina

Earlier Report Observations

The market volume for salted, brined, dried, or smoked pork in Bosnia and Herzegovina expanded consistently from 1 510 t in 2018 to 2 581 t in 2024. This growth included a notable surge between 2018 and 2020, a slight contraction in 2021, and then a renewed upward trajectory, culminating in the highest volume recorded in 2024.

In value terms, the market's growth was even more pronounced, rising from 8.3 million $ in 2018 to 22.7 million $ by 2024. This significant increase in market value, which outpaced the physical volume growth, points to underlying shifts in product mix or pricing dynamics over the period.

Traditional production techniques, including salting, brining, smoking, and drying, remained deeply entrenched throughout these years, forming a stable foundation for local consumption and supporting the market's overall expansion.

Production salted, brined, dried or smoked pork in Bosnia and Herzegovina

In value, 2018-2021, K $ US

In Bosnia and Herzegovina, production of salted, brined, dried, or smoked pork has grown for the third year in a row. In 2021, the output was valued at 9 922 thousand US dollars, marking a 35.9% increase compared to 2020. From 2018 to 2021, production rose by 101.1%, which translates to an average annual growth rate of 26.2%.

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

In kind, 2018-2021, t

Top producers of salted, brined, dried or smoked pork, 2018-2021

World map of production of salted, brined, dried or smoked pork, 2018-2021

Following two years of growth, production of salted, brined, dried, or smoked pork in Bosnia and Herzegovina fell in 2021. That year, 1 544 tonnes were produced, representing a significant decline of 11.1% from the previous year. Over the period from 2018 to 2021, production still increased by 46.1%, averaging 13.5% per year. The peak was reached in 2020 at 1 737 tonnes, with the largest annual increase of 33.1% also occurring that year.

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

Exports salted, brined, dried or smoked pork from Bosnia and Herzegovina

Exports in kind, t

Exports of salted, brined, dried, or smoked pork from Bosnia and Herzegovina have risen for the second consecutive year. In 2021, the country exported 162.1 tonnes, reflecting a modest increase of 1.8% compared to 2020. However, from 2018 to 2021, overall exports dropped by 41%, with a compound annual growth rate of -16.1%. The lowest point was in 2019 at 125.0 tonnes, when exports saw their sharpest decline of 54.5%. In contrast, the largest increase occurred in 2020, with a rise of 27.4%.

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

From 2018 to 2021, Serbia consistently dominated Bosnia and Herzegovina's exports in volume, accounting for 77.6% of the total. This highlights a high concentration on the Serbian market, while the remaining share was distributed among other countries.

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

For the second year running, the value of salted, brined, dried, or smoked pork exports from Bosnia and Herzegovina has increased. In 2021, exports totaled 766 thousand US dollars, showing a slight rise of 1.4% over the previous year. Despite this recent uptick, exports from 2018 to 2021 decreased by 34.1%, with an average annual decline of 13.0%. The lowest value was recorded in 2019 at 531 thousand US dollars, which also saw the largest drop of 54.3%. The most significant increase happened in 2020, with a jump of 42.4%.

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

Throughout the 2018–2021 period, Serbia was the leading destination for Bosnia and Herzegovina's exports in value terms, holding a 75.2% share of total flows. Other markets collectively accounted for the remainder.

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 salted, brined, dried or smoked pork to Bosnia and Herzegovina

Imports in kind, t

In 2021, Bosnia and Herzegovina imported 498.3 tonnes of salted, brined, dried, or smoked pork, which is 20.9% higher than the previous year. Between 2018 and 2021, imports decreased by 17.3%, averaging a 6.1% annual decline. The lowest volume was in 2020 at 498.3 tonnes, when imports fell by 33.0%. The peak occurred in 2019 at 743.3 tonnes.

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

From 2018 to 2021, the main suppliers of salted, brined, dried, or smoked pork to Bosnia and Herzegovina in volume terms were Italy (36.6% of imports), Croatia (24.0%), and Serbia (16.0%). Together, these three countries made up 76.6% of total imports.

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

Bosnia and Herzegovina imported salted, brined, dried, or smoked pork worth 4 273 thousand US dollars in 2021, indicating a 20.5% improvement from the year before. Over the 2018–2021 period, imports decreased by 5.7%, with an average annual reduction of 1.9%. The minimum value was in 2020 at 3 546 thousand US dollars, when imports declined by 24.6%. The maximum was recorded in 2019 at 4 704 thousand US dollars.

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

In the 2018–2021 timeframe, Italy (31.0% of imports in value terms), Croatia (28.4%), and Montenegro (15.0%) were the top suppliers to Bosnia and Herzegovina. Combined, they represented 74.3% 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