Vegetables, pulses and potatoes in vinegar market in Bosnia and Herzegovina

Earlier Report Observations

The market for vegetables, pulses and potatoes preserved in vinegar in Bosnia and Herzegovina showed significant movement in both volume and value from 2018 to 2023. Physical market size increased from 2.2 тыс. т to 3 тыс. т, with a notable peak of 2.8 тыс. т in 2019. In value terms, the market more than doubled, rising from 2.5 млн $ US to 5.2 млн $ US by 2023, indicating a substantial increase in unit prices or a shift toward higher-value products.

Domestic production remained relatively steady, growing slightly from 1.9 тыс. т to 2 тыс. т over the six years. Import volumes fluctuated considerably, reaching a high of 2.6 тыс. т in 2019 which lifted the total market volume that year. Exports declined from 1.6 тыс. т to 1 тыс. т, thereby increasing the supply available for domestic consumption and supporting market growth.

Production vegetables, pulses and potatoes in vinegar in Bosnia and Herzegovina

In kind, 2018-2021, t

Top producers of vegetables, pulses and potatoes in vinegar, 2018-2021

World map of production of vegetables, pulses and potatoes in vinegar, 2018-2021

Production of vegetables, pulses, and potatoes in vinegar in Bosnia and Herzegovina has increased for the second year in a row. In 2021, the country produced 1 926 tonnes, marking a 0.8% rise from the previous year. The lowest production level was recorded in 2019 at 1 862 tonnes, which saw the largest decline of 2.0%. In contrast, 2020 experienced the highest growth with a 2.7% increase.

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

In value, 2018-2021, K $ US

The value of vegetables, pulses, and potatoes in vinegar production in Bosnia and Herzegovina has risen for the second consecutive year. In 2021, output was valued at 2 587 thousand US dollars, reflecting an 8.3% gain compared to the previous year. From 2018 to 2021, production increased by 4.8%, averaging a 1.6% annual growth rate. The lowest value was recorded in 2019 at 2 249 thousand US dollars, which saw the largest decline of 8.9%.

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

Exports vegetables, pulses and potatoes in vinegar from Bosnia and Herzegovina

Exports in kind, t

Exports of vegetables, pulses, and potatoes in vinegar from Bosnia and Herzegovina have declined for the third year in a row. In 2021, exports amounted to 1 144 tonnes, representing a 22.3% decrease year-over-year. Over the period from 2018 to 2021, exports fell by 30.3%, with a compound annual growth rate of -11.3%.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, the main markets for Bosnia and Herzegovina's exports in kind were Serbia, accounting for 21.4% of exports, Sweden with 16.9%, and Montenegro at 13.6%. Together, these three countries made up 51.8% of total export flows.

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

Vegetables, pulses, and potatoes in vinegar shipments from Bosnia and Herzegovina to abroad have decreased for the third consecutive year. In 2021, exports totaled 1 537 thousand US dollars, showing a substantial drop of 16.4% compared to the previous year. Between 2018 and 2021, exports declined by 27.9%, with a compound annual growth rate of -10.3%.

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

Data from 2018 to 2021 show that exports in value terms of vegetables, pulses, and potatoes in vinegar from Bosnia and Herzegovina were not heavily concentrated on a few key destinations. Sweden accounted for 19.7% of exports, Montenegro for 15.8%, and Serbia for 14.2%, with these three countries jointly representing 49.7% of total 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 vegetables, pulses and potatoes in vinegar to Bosnia and Herzegovina

Imports in kind, t

Imports of vegetables, pulses, and potatoes in vinegar into Bosnia and Herzegovina have fallen for the second year in a row. In 2021, imports stood at 1 808 tonnes, marking a strong decline of 10.9% from the previous year. Over the period from 2018 to 2021, imports decreased by 5.9%, with a compound annual growth rate of -2.0%. The highest import volume was recorded in 2019 at 2 578 tonnes, which saw the largest increase of 34.2%. In 2020, imports experienced the largest decline of 21.3%.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t

Between 2018 and 2021, North Macedonia and Serbia were the primary sources for imports in kind, jointly accounting for 87.0% of total flows, while the remaining share was distributed among other markets.

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

Imported volumes of vegetables, pulses, and potatoes in vinegar in Bosnia and Herzegovina have declined for the second consecutive year. In 2021, imports were valued at 2 396 thousand US dollars, showing a 5.4% decrease compared to 2020. From 2018 to 2021, imports increased by 8.3%, averaging a 2.7% annual growth rate. The highest value was recorded in 2019 at 3 012 thousand US dollars, which saw the largest increase of 36.2%. In 2020, imports experienced the largest decline of 15.9%.

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

Throughout 2018 to 2021, two countries—North Macedonia and Serbia—concentrated most of the imports in value terms of vegetables, pulses, and potatoes in vinegar to Bosnia and Herzegovina, while other markets played a less significant role individually.

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