Sparkling wine market in Bosnia and Herzegovina

Earlier Report Observations

The sparkling wine market in Bosnia and Herzegovina experienced significant import fluctuations in the initial years of the period. Imports jumped from 89.2 thousand liters in 2018 to 134.8 thousand liters in 2019, but then fell sharply to 67.9 thousand liters in 2020. This decline aligned with widespread supply chain disruptions that temporarily constrained shipments and availability.

Beginning in 2021, the market volume entered a sustained growth trajectory, rising from 125.1 thousand liters to 177.4 thousand liters by 2023. This expansion was driven by evolving consumer habits, including a growing preference for premium and artisanal wines influenced by social media trends, coupled with the launch of innovative products like alcohol-free and canned sparkling wine, which attracted new consumer segments.

In 2024, market volume reached 190.6 thousand liters, although the total market value declined to 1 380 thousand US dollars, indicating a move toward more accessible price points. The period also saw the influence of broader trends such as the emphasis on sustainability and the dominance of global companies through product development. By 2025, import volumes had decreased to 166.0 thousand liters, while the expansion of online sales channels and the integration of sparkling wine into cocktail culture continued to shape the market landscape.

Production sparkling wine in Bosnia and Herzegovina

In value, 2018-2021, $ US

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

In kind, 2018-2021, l

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

Exports sparkling wine from Bosnia and Herzegovina

Exports in kind, K l

The market showed significant fluctuations during this period. Export volumes reached their lowest point in 2021 at 0.2 thousand liters, marking a sharp 90.3% decline compared to the previous year. In contrast, the peak was recorded in 2019 with 4.4 thousand liters, which also saw the largest annual increase of 67.3%. Overall, there was a 24-fold difference between the maximum in 2019 and the minimum in 2021.

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

From 2018 to 2021, the main buyers of sparkling wine from Bosnia and Herzegovina in volume terms were Croatia, accounting for 35.5% of exports, China with 21.6%, and Montenegro at 19.8%. Together, these three countries represented 76.9% of total exports.

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

Sparkling wine exports from Bosnia and Herzegovina declined for the third consecutive year. In 2021, exports amounted to 2.0 thousand US dollars, showing an abrupt 89.2% drop from the previous year. Over the period from 2018 to 2021, exports decreased by 94.1%, which translates to an annualized decline rate of 61.0%.

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

Between 2018 and 2021, the principal buyers in value terms were Croatia, representing 37.7% of exports, Nepal with 26.8%, and Montenegro at 15.9%. Collectively, these three countries accounted for 80.4% of total export value.

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 sparkling wine to Bosnia and Herzegovina

Imports in kind, K l

The data indicates irregular changes, reflecting a volatile market environment. Import volumes hit their lowest in 2020 at 67.9 thousand liters, which was a 49.6% decline from the previous year. The peak occurred in 2019 with 134.8 thousand liters. In 2021, imports rebounded to 123.3 thousand liters, an 81.6% increase year-over-year. Overall, there was a 2-fold variation between the maximum in 2019 and the minimum in 2020.

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

From 2018 to 2021, the leading sources for sparkling wine imports to Bosnia and Herzegovina in volume terms were Italy, contributing 48.0% of imports, Germany with 22.5%, and France at 12.4%. Together, these three countries made up 82.9% of total import volumes.

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

The market experienced noticeable fluctuations during this period. Import values bottomed out in 2020 at 399.2 thousand US dollars, marking a 49.2% decline. In 2021, imports peaked at 876.8 thousand US dollars, a 119.7% increase compared to the previous year. Overall, there was a 2.2-fold difference between the minimum in 2020 and the maximum in 2021.

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

Between 2018 and 2021, the principal suppliers in value terms were France, accounting for 54.6% of imports, Italy with 23.6%, and Germany at 11.1%. Collectively, these three countries represented 89.3% of total import value.

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