Starter motors and starter-generators market in Bosnia and Herzegovina

Earlier Report Observations

Bosnia and Herzegovina's starter motor industry exhibited a strong long-term production growth trend, with the country recording the most notable expansion rate among key European producers from 2013 to 2024, indicating a significant increase in manufacturing capacity. This trend was evident in the available data from 2021 to 2024, where production volumes rose from 5 054 t to 6 686 t, with a particularly sharp increase of 25.6% in 2024.

The domestic market volume for starter motors showed fluctuations between 4 862 t and 5 212 t from 2021 to 2024, culminating in modest overall growth. The market stabilized in 2022 before recovering in the subsequent years.

A key development was the substantial rise in exports, which surged from 16 t in 2021 to 1 555 t in 2024. This export growth coincided with the expansion of domestic production, reflecting the industry's increasing outward orientation.

Production starter motors and starter-generators in Bosnia and Herzegovina

In value, 2018-2021, K $ US

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

In kind, 2018-2021, t

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

Exports starter motors and starter-generators from Bosnia and Herzegovina

Exports in kind, kg

The market showed significant fluctuations during this period. Export volumes reached their lowest point in 2020, then peaked in 2021, with the peak being 35 times higher than the trough. In 2021, Bosnia and Herzegovina exported 15 819 kg of starter motors and starter-generators, which represents a dramatic increase of 3 414.6% compared to the previous year. The minimum volume was recorded in 2020 at just 450 kg. The largest decline occurred in 2020, with a drop of 61.2%.

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

From 2018 to 2021, Slovenia, Nigeria, and Mauritania remained the top buyers of starter motors and starter-generators from Bosnia and Herzegovina in terms of volume. Slovenia accounted for 56.4% of exports, Nigeria for 15.8%, and Mauritania for 8.9%. Together, these three countries represented 81.0% 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

The data shows irregular changes, pointing to a volatile market environment. Export values hit their lowest point in 2020, then reached their highest in 2021, with the peak being 19 times greater than the trough. In 2021, Bosnia and Herzegovina's exports of starter motors and starter-generators amounted to 128.1 K $ US, marking a substantial year-on-year increase of 1 801.7%. The minimum value was recorded in 2020 at 6.7 K $ US. The largest decline was in 2020, with a decrease of 12.2%.

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

Between 2018 and 2021, Slovenia, Nigeria, and Belgium consistently led as the top destinations for Bosnia and Herzegovina's exports of starter motors and starter-generators in value terms. Slovenia held 62.2% of exports, Nigeria 8.3%, and Belgium 6.4%. Collectively, these three markets accounted for 77.0% 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 starter motors and starter-generators to Bosnia and Herzegovina

Imports in kind, kg

In 2021, Bosnia and Herzegovina imported 46 209 kg of foreign starter motors and starter-generators, showing a strong increase of 19.6% compared to 2020. Over the period from 2018 to 2021, imports grew by 33.3%, which translates to an annualized rate of 10.1%. The maximum volume was recorded in 2019 at 46 672 kg. The largest decline occurred in 2020, with a drop of 17.2%, while the largest increase was in 2019, with a rise of 34.6%.

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

From 2018 to 2021, Poland, Germany, and China were the key partners for Bosnia and Herzegovina's imports of starter motors and starter-generators in terms of volume. Poland contributed 24.2% of imports, Germany 18.6%, and China 14.1%. Together, these three countries made up 56.9% of total import volume.

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's imports of starter motors and starter-generators increased for the third consecutive year. In 2021, the country imported a total of value_last_year K $ US of these goods, representing a sharp increase of 29.6% over the previous year. From 2018 to 2021, imports rose by 57.4%, with a compound annual growth rate of 16.3%.

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

During 2018–2021, Poland, China, and Germany formed the main cluster of markets for Bosnia and Herzegovina's imports of starter motors and starter-generators in value terms. Poland accounted for 27.7% of imports, China for 21.2%, and Germany for 8.9%. Combined, these three countries represented 57.8% 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