Market research

Single-axle tractors market in Bosnia and Herzegovina

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for single-axle tractors in Bosnia and Herzegovina increased from 75.0 thousand units in 2021 to 116.6 thousand units in 2024, with a slight dip to 74.8 thousand units in 2022 before rising to 91.8 thousand units in 2023. In value terms, the market peaked at US$ 2.9 million in 2022 but then fell to US$ 2.4 million in 2023 and further to US$ 1.9 million in 2024, indicating a decline in average prices or a shift toward more affordable models.

Domestic production remained minimal throughout the period, at around 300 to 500 units per year, while imports supplied the vast majority of the market. Import volumes grew steadily from 76.3 thousand units in 2018 to 125.8 thousand units in 2024, with a sharp jump to 241.1 thousand units projected for 2025. Exports were negligible, never exceeding 20 thousand units annually.

The expansion in physical market size coincided with a contraction in market value, suggesting increased price competition or a change in the product mix toward lower-priced units. The market's heavy reliance on imports highlights its sensitivity to international supply conditions and currency fluctuations.

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
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2021-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2021-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2021-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2021-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In kind, 2021-2024, unit
  2. 5.1.2. In value, 2021-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K unit
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, K unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, K unit
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K unit
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, K unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, K unit
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production single-axle tractors in Bosnia and Herzegovina

In value, 2018-2021, K $ US

Annual dynamics of production in 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	-

Source: SHEV.io

In kind, 2018-2021, unit

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports single-axle tractors from Bosnia and Herzegovina

Exports in kind, K unit

In 2021, Bosnia and Herzegovina exported 7.2 thousand units of single-axle tractors, showing no significant change compared to 2020. Over the period from 2019 to 2021, exports increased by 27.7%, with a compound annual growth rate of 8.5%.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2018 to 2021, Croatia and Serbia remained the primary markets for exports in kind, jointly accounting for 84.3% of total flows, while other partners made up the remaining share.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2021, Bosnia and Herzegovina exported 1.7 thousand US dollars worth of single-axle tractors, with no significant change compared to 2020. Between 2019 and 2021, exports decreased by 93.9%, equating to an annualized rate of 60.7%.

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	-

Source: SHEV.io

Throughout 2018 to 2021, Croatia was the dominant and nearly sole destination for exports in value terms of single-axle tractors from Bosnia and Herzegovina, holding a share of 94.3%.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bosnia and Herzegovina in value, 2018-2021

Source: SHEV.io

Imports single-axle tractors to Bosnia and Herzegovina

Imports in kind, K unit

In 2021, Bosnia and Herzegovina imported 81.8 thousand units of single-axle tractors, indicating a measured increase of 4.5% over the previous year. Over the period from 2018 to 2021, imports increased by 7.2%, with a compound annual growth rate of 2.4%. The maximum value was recorded in 2019 at 116.0 thousand units. The largest decline occurred in 2020, with a drop of 32.5%, while the largest increase was in 2019, with a rise of 52.0%.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	52.0%	(32.5%)	4.5%	2.4%

Source: SHEV.io

From 2018 to 2021, Croatia, China, and Slovenia were the main destinations for single-axle tractor imports to Bosnia and Herzegovina in kind, accounting for 78.9% of total imports. Croatia contributed 58.7%, China 11.4%, and Slovenia 8.8%.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

In 2021, the volume of single-axle tractor imports to Bosnia and Herzegovina stood at 812.9 thousand US dollars, marking a slight gain of 1.5% versus the previous year. The maximum value was recorded in 2019 at 866.1 thousand US dollars. The largest decline occurred in 2020, with a drop of 7.6%, while the largest increase was in 2019, with a rise of 8.6%.

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	8.6%	(7.6%)	1.5%	0.6%

Source: SHEV.io

From 2018 to 2021, the country structure of imports in value terms was strongly concentrated on Croatia and Slovenia, which together accounted for 81.0% of total flows, with other partners forming a residual share.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bosnia and Herzegovina in value, 2018-2021

Source: SHEV.io