Key Market Indicators
Bosnian jewelry imports are projected to surge to approximately €19 million by 2028, up from around €11 million in 2023. This growth represents an impressive compound annual growth rate (CAGR) of 8.3%. Remarkably, since 2013, Bosnian demand for jewelry has jumped by 22.3% annually. In 2023, Bosnia ranked 32nd globally in jewelry imports, with Serbia slightly ahead at the same value. The United Kingdom, France, and Italy secured the second, third, and fourth spots, respectively. In terms of jewelry sales within Bosnia, the market is expected to grow to €34 million by 2028, from €25 million in 2023. This expansion reflects a steady CAGR of 5.2%. Since 2016, the Bosnian jewelry market has seen an annual increase of 21.1%. On the export front, Bosnian jewelry exports are set to reach €1.4 million by 2028, up from €1.1 million in 2023, indicating a yearly growth rate of 3.8%. Since 2013, Bosnian supply has risen by 16.2% annually. In 2023, Bosnia ranked 32nd in jewelry exports, with Montenegro slightly ahead at the same value. Italy, the United Kingdom, and France occupied the second, third, and fourth positions, respectively.
