Sweetened or flavoured waters and other non-alcoholic beverages market in Bosnia and Herzegovina

Earlier Report Observations

The market for sweetened or flavoured waters and other non-alcoholic beverages in Bosnia and Herzegovina showed consistent volume growth, expanding from 287.4 million liters in 2021 to 328.5 million liters in 2024. Underlying this trend were factors such as increasing tourism, which raised demand for diverse beverages, and a sustained consumer shift towards healthier options including bottled water.

Product innovation played a key role, with the emergence of functional beverages like vitamin-fortified and naturally sweetened drinks in 2022 helping to offset a decline in traditional soda consumption driven by health concerns over sugar. Major players such as Coca-Cola HBC B-H continued to dominate the market, steering development through new offerings.

In value terms, the market reached $232.3 million in 2024 after a temporary dip to $194.2 million in 2022, reflecting changes in product mix and pricing alongside the steady rise in physical volume.

Production sweetened or flavoured waters and other non-alcoholic beverages in Bosnia and Herzegovina

In value, 2018-2021, M $ US

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

In kind, 2018-2021, M l

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

Exports sweetened or flavoured waters and other non-alcoholic beverages from Bosnia and Herzegovina

Exports in kind, M l

After two years of decline, Bosnia and Herzegovina's exports of sweetened or flavoured waters and other non-alcoholic beverages showed a modest recovery in 2021. Exports reached 63.1 million liters, representing a 3.9% year-over-year increase. Looking at the broader period from 2018 to 2021, exports decreased by 20.8%, which translates to an average annual decline of 7.5%. The lowest point was in 2020, with exports dropping to 60.7 million liters, and the sharpest decline occurred that same year at 17.0%.

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

From 2018 to 2021, Croatia and Serbia remained the primary destinations for Bosnia and Herzegovina's exports in kind, together accounting for 80.0% of total flows. Other trading partners played a much smaller role individually during this period.

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

Following a two-year downturn, Bosnia and Herzegovina's exports of sweetened or flavoured waters and other non-alcoholic beverages in monetary terms saw a moderate uptick in 2021. Export value amounted to 24 176 thousand US dollars, marking a 5.3% increase compared to the previous year. Over the 2018-2021 period, exports declined by 20.3%, with a compound annual growth rate of -7.3%. The lowest value was recorded in 2020 at 22 954 thousand US dollars, while the largest decline occurred in 2019 at 13.3%.

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

Between 2018 and 2021, Croatia, Serbia, and Switzerland were the top destinations for Bosnia and Herzegovina's exports in value terms. Croatia led with 49.3% of exports, followed by Serbia at 14.6% and Switzerland at 9.0%. Together, these three countries accounted for 72.9% of total export 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 sweetened or flavoured waters and other non-alcoholic beverages to Bosnia and Herzegovina

Imports in kind, M l

In 2021, Bosnia and Herzegovina's imports of sweetened or flavoured waters and other non-alcoholic beverages in kind surged to 139.4 million liters, reflecting a robust 23.8% increase from the previous year. Over the 2018-2021 period, imports grew by 14.6%, with an average annual growth rate of 4.7%. The lowest import volume was in 2020 at 112.6 million liters, and the most significant decline also occurred that year at 16.1%.

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

From 2018 to 2021, Serbia, Croatia, and Slovenia were the largest suppliers of sweetened or flavoured waters and other non-alcoholic beverages to Bosnia and Herzegovina in kind. Serbia accounted for 33.7% of imports, Croatia for 22.3%, and Slovenia for 15.1%. Combined, these three countries made up 71.1% of total imports in kind.

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

In 2021, Bosnia and Herzegovina's imports of sweetened or flavoured waters and other non-alcoholic beverages in monetary terms jumped to 95 929 thousand US dollars, a substantial 31.7% increase from 2020. Between 2018 and 2021, imports rose by 22.1%, equivalent to an annualized growth rate of 6.9%. The minimum value was in 2020 at 72 848 thousand US dollars, and the largest decline also took place that year at 12.2%.

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

During the 2018-2021 period, Serbia, Croatia, and Slovenia formed the core group of markets for Bosnia and Herzegovina's imports in value terms. Serbia contributed 28.3% of imports, Croatia 19.8%, and Slovenia 14.5%. Together, they represented 62.6% 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