Key Market Indicators
Armenian fruit production is projected to decline slightly over the next five years, with estimates indicating a reduction from approximately 644,000 metric tons in 2023 to around 634,000 metric tons by 2028. This represents an average annual decrease of 0.2%. Historical data since 1997 shows a consistent, albeit minimal, yearly decline of about 0.1% in Armenia's fruit supply. In the global context for 2023, Armenia holds the 93rd position in fruit production. Belgium has recently surpassed Armenia with a production volume of roughly 644,000 metric tons. Leading the rankings are India, Brazil, and Mexico, occupying the second, third, and fourth spots respectively.
