Key Market Indicators
Year on year, Armenia dropped from 31st to 48th place in 2021. In 2026, Armenian imports of milk powder are predicted to reach 6.6 million kilograms. This is a 4.2% growth from 2021, when imports reached 5.2 million kilograms. Armenia's demand for milk powder has seen a 21.3% increase since 2002. In 2021, Israel overtook Armenia with 5.2 million kilograms imported, making it the 48th highest importer. The Philippines, Indonesia, and Algeria were the top three importers. Since 2012, Armenia has seen a 72.3% decrease in milk powder supply year-on-year. This has caused Armenia to drop from 31st place to 48th place in 2021.