Armenia: Meat Market Overview 2020

Meat Market Size in Armenia

The revenue of the meat market in Armenia amounted to $X in 2018, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, the meat market reached its peak level of $X. From 2009 to 2018, the growth of the meat market remained at a somewhat lower figure.

Meat Production in Armenia

In value terms, meat production stood at $X in 2018 estimated in export prices. In general, meat production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, meat production reached its peak level of $X. From 2016 to 2018, meat production growth failed to regain its momentum.

In 2018, the average yield of meat in Armenia totaled X kg per head, remaining relatively unchanged against the previous year. Over the period under review, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, approx. X head of animals slaughtered for meat production in Armenia; approximately mirroring the previous year. In general, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Armenia

In 2018, approx. X tonnes of meat were exported from Armenia; going down by -X% against the previous year. Overall, meat exports continue to indicate a precipitous reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, meat exports amounted to $X in 2018. Overall, meat exports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, meat exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Meat Imports

Imports into Armenia

Meat imports into Armenia totaled X tonnes in 2018, going up by X% against the previous year. In general, meat imports continue to indicate a noticeable increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. In that year, meat imports reached their peak of X tonnes. From 2009 to 2018, the growth of meat imports remained at a somewhat lower figure.

In value terms, meat imports amounted to $X in 2018. In general, meat imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, meat imports reached their peak of $X. From 2009 to 2018, the growth of meat imports failed to regain its momentum.

Source: IndexBox AI Platform