Key Market Indicators
Armenian frozen food import is predicted to reach $13.8 million by 2026, from $13.4 million in 2021. This would be an average increase of 0.5% year on year. Since 2002, the demand for frozen food in Armenia has risen 11% each year. In 2021, Armenia ranked 71st, with Jamaica ahead at $13.4 million. The United States, South Korea and Japan came in second, third and fourth respectively. Armenian frozen food export is expected to reach $67.9 million by 2026, from $62.6 million in 2021. This would represent an average growth of 1.5% year on year. Since 2004, the supply of frozen food in Armenia has increased by 20.4% annually. In 2021, the country was 88th, with Guyana coming in first at $62.6 million. China, Spain and Mexico were ranked second, third and fourth respectively.