Market research

Tanned or dressed furskins market in Bosnia and Herzegovina

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

From 2021 to 2024, the market for tanned or dressed furskins in Bosnia and Herzegovina contracted sharply, with its value plummeting from 12.2 million US dollars to just 0.5 million US dollars. This decline of over 95% marked a severe downturn for the sector.

Domestic production followed a similar trajectory, falling from 14.2 million US dollars in 2021 to 2.4 million US dollars in 2024. Import and export values also generally decreased over these years, further reducing the overall market volume.

By 2024, the market had diminished to a minimal level, reflecting a substantial collapse in the local furskin processing industry.

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 value
    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. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In value, 2021-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. 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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, kg
    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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, kg
    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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, kg
    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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, kg
    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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  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 tanned or dressed furskins 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

Exports tanned or dressed furskins from Bosnia and Herzegovina

Exports in kind, kg

Exports of tanned or dressed furskins from Bosnia and Herzegovina increased in 2021, following a two-year decline. The export volume reached 78 752 kg, representing a modest 0.7% rise compared to the previous year. Over the period from 2018 to 2021, exports decreased by 17.8%, which translates to an average annual decline of 6.3%. The lowest export volume was recorded in 2020 at 78 227 kg, with the largest year-on-year drop of 17.6% also occurring in that year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.9%)	(17.6%)	0.7%	(6.3%)

Source: SHEV.io

Between 2018 and 2021, Sweden was the dominant destination for Bosnia and Herzegovina's exports of tanned or dressed furskins, accounting for 93.4% of the total volume.

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

After two years of decline, Bosnia and Herzegovina's exports of tanned or dressed furskins in monetary terms increased in 2021. The total export value amounted to 2 595 thousand US dollars, showing a gradual increase of 9.1% from the previous year. From 2018 to 2021, exports decreased by 21.4%, equivalent to an average annual rate of 7.7%. The lowest value was recorded in 2020 at 2 379 thousand US dollars, with the largest decline of 15.7% also occurring in that year.

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	(14.6%)	(15.7%)	9.1%	(7.7%)

Source: SHEV.io

In the 2018–2021 period, Sweden remained the overwhelmingly dominant buyer of tanned or dressed furskins from Bosnia and Herzegovina in value terms, accounting for 93.7% of total exports.

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 tanned or dressed furskins to Bosnia and Herzegovina

Imports in kind, kg

Import volumes of tanned or dressed furskins into Bosnia and Herzegovina showed significant volatility during these years. The lowest volume was recorded in 2020 at 10 313 kg, while the highest was in 2021 at 17 641 kg, representing a 1.7-fold difference between these two years. In 2021, imports surged by 71.1% compared to the previous year. The largest decline occurred in 2020, with a drop of 32.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	1.1%	(32.6%)	71.1%	5.3%

Source: SHEV.io

From 2018 to 2021, China, Slovenia, and Sweden were the main sources of tanned or dressed furskins imports into Bosnia and Herzegovina in volume terms. Together, they accounted for 50.5% of total imports, with China contributing 21.5%, Slovenia 15.2%, and Sweden 13.8%.

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

Imports of tanned or dressed furskins into Bosnia and Herzegovina in monetary terms increased for the second consecutive year in 2021. The import value reached 662 thousand US dollars, marking a strong 33.1% rise from the previous year. Over the 2018–2021 period, imports decreased by 18.7%, which corresponds to an average annual decline of 6.7%. The lowest value was recorded in 2019 at 458 thousand US dollars, with the largest drop of 43.8% also occurring in that year.

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	(43.8%)	8.7%	33.1%	(6.7%)

Source: SHEV.io

The country composition of imports in value terms from 2018 to 2021 was relatively dispersed. China, Austria, and Italy together accounted for 42.3% of total imports, with China at 16.9%, Austria at 13.5%, and Italy at 11.9%. The remaining 57.7% was distributed among a wide range of other countries.

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