Armenia: Lentil Market Overview 2020

Lentil Market Size in Armenia

The revenue of the lentil market in Armenia amounted to $X in 2018, approximately mirroring the previous year. In general, lentil consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Lentil consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Lentil Production in Armenia

In value terms, lentil production stood at $X in 2018 estimated in export prices. In general, lentil production continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Lentil production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of lentils in Armenia totaled X tonne per ha, approximately equating the previous year. In general, the lentil yield continues to indicate a slight drop. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, the average lentil yield reached its peak level of X tonne per ha. From 2011 to 2018, the growth of the average lentil yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Lentil harvested area in Armenia totaled X ha in 2018, shrinking by -X% against the previous year. Over the period under review, the lentil harvested area continues to indicate a moderate reduction. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to lentil production reached its maximum at X ha in 2015; however, from 2016 to 2018, harvested area stood at a somewhat lower figure.

Lentil Exports

Exports from Armenia

In 2018, the amount of lentils exported from Armenia stood at X kg, picking up by X% against the previous year. In general, lentil exports continue to indicate a resilient increase. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, lentil exports amounted to $X in 2018. Over the period under review, lentil exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, lentil exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Lentil Imports

Imports into Armenia

Lentil imports into Armenia stood at X tonnes in 2018, rising by X% against the previous year. Over the period under review, lentil imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, lentil imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, lentil imports amounted to $X in 2018. Overall, lentil imports continue to indicate mild growth. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Source: IndexBox AI Platform