Earlier Report Observations
The whey market in Bosnia and Herzegovina was valued at around $1 million from 2018 to 2019. The COVID-19 pandemic in 2020 heightened consumer interest in health and dietary supplements, increasing demand for whey protein and contributing to a market surge to $1.6 million in 2021.
In 2022, the market saw significant developments as the country progressed in harmonizing its food safety and product labeling regulations with European Union standards, directly affecting whey product compliance. This period also featured the entry of new domestic brands such as Elit Nutrition and Muscle Freak, which expanded product selection and availability, supported by the rapid growth of online sales channels.
Market size recovered to $1.73 million by 2024, with domestic production reaching $487 000 in 2023. The continued presence of new market players and established digital commerce infrastructure supported ongoing market activity, reflecting sustained consumer demand for whey-based supplements.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2019, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2019, 2021-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bosnia and Herzegovina
- 5.1.1. In kind, 2018-2019, 2021-2024, t
- 5.1.2. In value, 2018-2019, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Bosnia and Herzegovina
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production whey in Bosnia and Herzegovina
In value, 2018-2021, K $ US
In 2021, whey production in Bosnia and Herzegovina was valued at 361.8 thousand US dollars, showing a slight decrease of 1.8% compared to the previous year. Over the period from 2018 to 2021, production grew by 59.8%, with an average annual growth rate of 16.9%.
Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.8%) | n/a | n/a | 16.9% |
In kind, 2018-2021, t
Top producers of whey, 2018-2021
World map of production of whey, 2018-2021
In 2021, Bosnia and Herzegovina produced 853.2 tonnes of whey, which was a 10.4% increase from 2020. From 2018 to 2021, production rose by 34.8%, with an average annual growth rate of 10.5%.
Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.4% | n/a | n/a | 10.5% |
Exports whey from Bosnia and Herzegovina
Exports in kind, t
The market showed an unstable trend during this period. Exports reached their lowest point in 2019 at 14 tonnes and peaked in 2021 at 56 tonnes, representing a 3.9-fold difference. In 2021, whey exports from Bosnia and Herzegovina totalled 56 tonnes, marking a significant rise of 216.5% compared to 2020. The largest decline occurred in 2019, with a drop of 1.1%.
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.1%) | 23.1% | 216.5% | 56.8% |
From 2018 to 2021, Sweden and Montenegro were the primary buyers of whey from Bosnia and Herzegovina, together accounting for 93.0% of total exports in volume, while other countries made up the remainder.
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
There were noticeable fluctuations in market performance during this period. Export volumes fell to their lowest in 2019 and peaked in 2021, with a 5.5-fold difference between these years. In 2021, cross-border shipments of whey from Bosnia and Herzegovina amounted to 27 thousand US dollars, up by 312.2% compared to the previous year. The minimum value was recorded in 2019 at 5 thousand US dollars, and the largest decline occurred in 2019 with a decrease of 4.7%.
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 | (4.7%) | 32.4% | 312.2% | 73.2% |
From 2018 to 2021, Sweden, Montenegro, and Slovenia were the main destinations for whey exports from Bosnia and Herzegovina in value terms. Sweden accounted for 48.3% of exports, Montenegro for 29.9%, and Slovenia for 19.3%, together representing 97.4% 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 whey to Bosnia and Herzegovina
Imports in kind, t
The market exhibited an unstable trend throughout the timeframe. Imports were at their lowest in 2019 at 658 tonnes and reached their highest in 2021 at 2 488 tonnes, reflecting a 3.8-fold gap. In 2021, whey imports to Bosnia and Herzegovina amounted to 2 488 tonnes, showing an abrupt increase of 140.3% from 2020. The largest decline was recorded in 2019, with a drop of 6.9%.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.9%) | 57.3% | 140.3% | 52.1% |
From 2018 to 2021, Serbia, Poland, and Germany remained the main sources for whey imports to Bosnia and Herzegovina in volume terms. Serbia accounted for 43.5% of imports, Poland for 34.7%, and Germany for 7.2%, jointly taking 85.4% of total import flows.
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, cross-border shipments of whey to Bosnia and Herzegovina amounted to 1 266 thousand US dollars, representing a steep increase of 68.3% from 2020. Over the period from 2018 to 2021, imports grew by 63.3%, with an average annual growth rate of 17.8%. The minimum value was recorded in 2020 at 752 thousand US dollars, and the largest decline occurred in 2020 with a decrease of 4.0%.
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 | 1.1% | (4.0%) | 68.3% | 17.8% |
From 2018 to 2021, Poland, Germany, and Slovenia formed the core group of markets for whey imports to Bosnia and Herzegovina in value terms. Poland accounted for 47.9% of imports, Germany for 25.0%, and Slovenia for 8.2%, together representing 81.2% 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
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