
Armenia - Cereals - Market Analysis, Forecast, Size, Trends and Insights
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Armenia: Cereals Market Overview 2020
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Cereals Market Size in Armenia
The revenue of the cereals market in Armenia amounted to $X in 2018, dropping by -X% against the previous year. Overall, cereals consumption continues to indicate a slight descent. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. In that year, the cereals market reached its peak level of $X. From 2013 to 2018, the growth of the cereals market remained at a somewhat lower figure.
Cereals Production in Armenia
In value terms, cereals production amounted to $X in 2018 estimated in export prices. Over the period under review, cereals production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 when production volume increased by X% y-o-y. Over the period under review, cereals production reached its peak figure level at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.
In 2018, the average yield of cereals in Armenia stood at X tonne per ha, picking up by X% against the previous year. Over the period under review, the cereals yield, however, continues to indicate a slight slump. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the average cereals yield attained its maximum level at X tonne per ha in 2014; however, from 2015 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
Cereals harvested area in Armenia totaled X ha in 2018, falling by -X% against the previous year. Overall, the cereals harvested area continues to indicate a deep slump. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Cereals harvested area peaked at X ha in 2016; however, from 2017 to 2018, harvested area remained at a lower figure.
Cereals Exports
Exports from Armenia
In 2018, approx. X tonnes of cereals were exported from Armenia; coming down by -X% against the previous year. In general, cereals exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, cereals exports attained their peak of X tonnes. From 2012 to 2018, the growth of cereals exports remained at a lower figure.
In value terms, cereals exports stood at $X in 2018. In general, cereals exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, cereals exports reached their peak of $X. From 2012 to 2018, the growth of cereals exports failed to regain its momentum.
Cereals Imports
Imports into Armenia
In 2018, the imports of cereals into Armenia amounted to X tonnes, lowering by -X% against the previous year. Overall, cereals imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. In that year, cereals imports reached their peak of X tonnes. From 2013 to 2018, the growth of cereals imports remained at a somewhat lower figure.
In value terms, cereals imports stood at $X in 2018. Over the period under review, cereals imports continue to indicate a deep descent. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, cereals imports reached their peak of $X. From 2013 to 2018, the growth of cereals imports failed to regain its momentum.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the cereals market in Armenia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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