Women's woven underwear and nightwear market in Bosnia and Herzegovina

Earlier Report Observations

Between 2018 and 2020, the market for women's woven underwear and nightwear in Bosnia and Herzegovina was characterized by high import volumes, reaching 9.6 million units in 2018 and 9.4 million units in 2019. The country's textile industry has a long tradition and a strong export focus on EU markets such as Italy and Germany. Key players like Prevent Step developed brands for protective clothing and fashionable lingerie, contributing to product diversification. In 2020, the COVID-19 pandemic caused a sharp drop in imports to 97 thousand units, reflecting global supply chain disruptions.

Market volume recovered to 19.5 million units in 2021, supported by growth in the textile and apparel industry and increased competitiveness of domestic producers on the European market. However, from 2022 onward, the market contracted sharply, falling to 18.0 million units in 2022, 9.9 million in 2023, and 5.2 million in 2024. In 2022, companies including Prevent Step continued to focus on foreign markets, but this did not prevent the decline in domestic market volume. In subsequent years, the downward trend persisted, with the decline in value terms being less pronounced, suggesting a possible shift toward higher-value products.

Production women's woven underwear and nightwear 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, K unit

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

Exports women's woven underwear and nightwear from Bosnia and Herzegovina

Exports in kind, K unit

In 2021, Bosnia and Herzegovina exported 164,000 units of women's woven underwear and nightwear, marking a 53.3% decrease from 2020. Over the period from 2018 to 2021, exports fell by 61.3%, which translates to an annualized decline of 27.1%. The most significant increase occurred in 2020, with a rise of 36.2%.

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

From 2018 to 2021, Croatia and Serbia were the dominant destinations for Bosnia and Herzegovina's exports of women's woven underwear and nightwear in kind, together representing 93.6% of total shipments. Other countries accounted for much smaller shares.

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

Exports of women's woven underwear and nightwear from Bosnia and Herzegovina declined for the third year in a row. In 2021, export value reached 186,000 US dollars, down 21.4% compared to the previous year. Between 2018 and 2021, exports decreased by 58.1%, with an annualized rate of decline of 25.1%.

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

Between 2018 and 2021, Austria, Croatia, and Germany were the key markets for Bosnia and Herzegovina's exports of women's woven underwear and nightwear in value terms. Austria accounted for 39.7% of exports, Croatia for 24.0%, and Germany for 14.5%, collectively making up 78.1% 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 women's woven underwear and nightwear to Bosnia and Herzegovina

Imports in kind, K unit

The market exhibited volatility during the observed period. Imports of women's woven underwear and nightwear to Bosnia and Herzegovina reached 15,023,000 units in 2021, a dramatic increase of 15,350.6% from 2020. The lowest point was in 2020, with only 97,000 units, representing a 99.0% decline from the previous year. Overall, import volumes varied significantly, with a 155-fold difference between the low in 2020 and the high in 2021.

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

From 2018 to 2021, Turkey, Serbia, and China were the primary sources for Bosnia and Herzegovina's imports of women's woven underwear and nightwear in kind. Turkey led with 65.8% of imports, followed by Serbia at 12.1% and China at 11.8%, together comprising 89.7% of total import volumes.

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

After two years of decline, imports of women's woven underwear and nightwear to Bosnia and Herzegovina rebounded in 2021, totaling 6,131,000 US dollars, a 28.1% increase from 2020. The lowest value was recorded in 2020 at 4,788,000 US dollars, which marked a 38.2% drop from the previous year. Over the 2018-2021 period, imports decreased by 28.9%, with a compound annual growth rate of -10.7%.

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

During 2018-2021, Turkey, China, and Serbia were the leading sources for Bosnia and Herzegovina's imports of women's woven underwear and nightwear in value terms. Turkey accounted for 48.7% of imports, China for 19.0%, and Serbia for 13.4%, collectively representing 81.1% 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