Key Market Indicators
Bosnian Meat Sales are projected to hit €583 million by 2028, rising from €550 million in 2023, with a compound annual growth rate (CAGR) of 0.9%. However, since 2016, the Bosnian market has experienced a yearly decline of 0.9%. In 2023, Bosnia ranked 27th in the market, with Lithuania slightly ahead at €550 million. France, Spain, and Italy occupied the second, third, and fourth spots, respectively. In terms of meat consumption, Bosnia is set to reach 156,000 metric tons by 2028, up from 149,000 metric tons in 2023, growing at a CAGR of 0.7%. Since 2019, Bosnian demand for meat has seen a steady increase of 1% year on year. Bosnian meat production is also on the rise, expected to reach approximately 106,000 metric tons by 2028, up from around 97,000 metric tons in 2023, growing at an average annual rate of 1.4%. Since 1997, the country's meat supply has increased by 3.3% year on year.
