Key Market Indicators
Armenian whisky import is projected to reach $2 million by 2026, representing a 2.3% year-on-year average growth rate since 2004. Meanwhile, exports are forecast to reach $1.6 million over the same period, growing at a rate of 1.3% year-on-year since 2007. In 2021, Armenia was ranked 63rd in whisky imports, behind Mexico with $1.45 million. The United States, Singapore and Ireland occupied the top three positions in the rankings. Over the same period, exports from Armenia decreased by 13.2% year-on-year.