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Armenia Paint Industry Outlook 2022 - 2026

See how Armenia Paint performed compared to key markets such as China, the Czech Republic and Germany.

Key Market Indicators

The country ranked number 41 in 2021, with the United States taking the lead with 128,800 Kilograms. France, Italy and China respectively came in numbers 2, 3 and 4 in this ranking. Armenian paint exports are projected to drop 4.1% on average year-on-year over the next five years, reaching 1,630 kilograms in 2026. This follows a 0.9% increase in 2019. In 2021, Armenia was ranked 77th globally, behind Jamaica's 2,160 kilograms. The Czech Republic, Germany and Indonesia placed second, third and fourth respectively. Meanwhile, Armenian paint imports are expected to grow 2.9% annually on average between 2021 and 2026, reaching 154,970 kilograms in 2026. This follows a 17.3% rise since 2002. In 2021, Armenia ranked 41st globally, with the United States in the lead with 128,800 kilograms. France, Italy and China took second, third and fourth places respectively.

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Armenia Paint Market Data and Forecasts