Key Market Indicators
Armenia's candy import is expected to reach nearly 7.5 million kilograms by 2026. This is a 2.4% annual growth from 2021's 6.5 million kilograms. Since 2002, Armenian demand has risen an average of 4.2% a year. In 2021, the country was ranked 76th, with Bosnia and Herzegovina overtaking it to reach 6.5 million kilograms. The United Kingdom, Germany and the Netherlands were ranked 2nd, 3rd and 4th respectively. Armenia's candy export is expected to reach 552,000 kilograms by 2026. This is a 1.9% annual growth from 2021's 495,000 kilograms. Since 2002, Armenian supply has decreased by an average of 2.4% a year. In 2021, the country was ranked 81st, with Kyrgyzstan overtaking it to reach 495,000 kilograms. China, Mexico and Belgium were ranked 2nd, 3rd and 4th respectively.