Key Market Indicators
Armenian Silver Import is expected to reach $610,000 by 2026, up from $494,000 in 2021. This amounts to a 3.8% year-on-year growth rate. Since 2002, demand for silver has grown 21.6% each year in Armenia. In 2021, it was ranked 52nd in the world. Argentina came in ahead of it at $494,000. The United States, United Kingdom and Japan took the 2nd, 3rd and 4th positions in the ranking, respectively.
