Bosnia and Herzegovina: Meat And Poultry Market 2020

Meat And Poultry Market Size in Bosnia and Herzegovina

The revenue of the meat and poultry market in Bosnia and Herzegovina amounted to $X in 2018, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. In that year, the meat and poultry market attained its peak level of $X. From 2016 to 2018, the growth of the meat and poultry market remained at a somewhat lower figure.

Meat And Poultry Production in Bosnia and Herzegovina

In value terms, meat and poultry production amounted to $X in 2018 estimated in export prices. Overall, meat and poultry production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, meat and poultry production reached its peak figure level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

In 2018, the average yield of meat and poultry in Bosnia and Herzegovina amounted to X kg per head, standing approx. at the previous year. In general, the meat and poultry yield continues to indicate a relatively flat trend pattern.

The number of animals slaughtered for meat and poultry production in Bosnia and Herzegovina stood at X head in 2018, stabilizing at the previous year. Overall, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern.

Meat And Poultry Exports

Exports from Bosnia and Herzegovina

In 2018, the amount of meat and poultry exported from Bosnia and Herzegovina amounted to X tons, going down by -X% against the previous year. In general, meat and poultry exports, however, continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Over the period under review, meat and poultry exports reached their maximum at X tons in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, meat and poultry exports amounted to $X in 2018. Overall, meat and poultry exports, however, continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Bosnia and Herzegovina exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X tons) and Brazil (X tons) represented the main exporters of meat and poultry in 2018, recording near X% and X% of total exports, respectively. The Netherlands (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%), Poland (X%) and Spain (X%). The following exporters - Australia (X tons), Belgium (X tons), Denmark (X tons), Canada (X tons), India (X tons) and France (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bosnia and Herzegovina, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry markets from Bosnia and Herzegovina were the U.S. ($X), Brazil ($X) and Australia ($X), with a combined X% share of total exports. These countries were followed by the Netherlands, Germany, Poland, Spain, Canada, India, Belgium, Denmark, France and Bosnia and Herzegovina, which together accounted for a further X the main exporting countries, Bosnia and Herzegovina recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat and poultry export price in Bosnia and Herzegovina stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the meat and poultry export price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices for meat and poultry attained their maximum at $X per ton in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Australia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Bosnia and Herzegovina

In 2018, the meat and poultry imports into Bosnia and Herzegovina stood at X tons, surging by X% against the previous year. In general, meat and poultry imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Bosnia and Herzegovina imports peaked at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, meat and poultry imports stood at $X in 2018. Over the period under review, meat and poultry imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Bosnia and Herzegovina imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tons), Japan (X tons), Germany (X tons), Mexico (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Italy (X tons), Vietnam (X tons), the UK (X tons), the Netherlands (X tons), France (X tons) and South Korea (X tons) represented roughly X% of total imports of meat and poultry in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry importing markets into Bosnia and Herzegovina were Japan ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. Germany, South Korea, Italy, China, Hong Kong SAR, the UK, France, the Netherlands, Mexico, Vietnam and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat and poultry import price in Bosnia and Herzegovina amounted to $X per ton, growing by X% against the previous year. Overall, the meat and poultry import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Bosnia and Herzegovina import price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform