Key Market Indicators
Bosnia's beer market is projected to see a slight decline in sales over the next five years. According to recent data, beer sales in Bosnia are expected to fall to €61 million by 2028, down from approximately €62 million in 2023. This represents a year-on-year compound annual growth rate (CAGR) decline of 0.1%. Since 2016, the Bosnian beer market has experienced an annual decrease of 2.3%. As of 2023, Bosnia ranked 23rd in beer sales, with Cyprus surpassing it at the same figure of €62 million. Leading the rankings were the United Kingdom, Spain, and Belgium, holding the second, third, and fourth positions, respectively. In contrast, Bosnian beer production is on the rise. Projections indicate that production will reach 109,000 metric tons by 2028, up from 103,000 metric tons in 2023. This reflects an average annual growth rate of 1%. Since 1997, Bosnia's beer supply has increased by 1.2% year on year. In 2023, Bosnia was ranked 98th in beer production, with Estonia overtaking it at the same production level of 103,000 metric tons. The top positions in global beer production were held by the United States, Brazil, and Mexico, ranking second, third, and fourth, respectively.
