Key Market Indicators
Armenian exports of sparkling wine are on course to reach nearly half a million dollars by 2026, according to figures from 2021. That's an increase of 2.5% a year from the current figure of $421,480, which saw Armenia rank 52nd in the world. Mauritius overtook it with $421,480. Italy, Spain and Singapore took the top three spots. Meanwhile, Armenian imports of sparkling wine are set to reach $653,470 by 2026, a 1.9% increase year-on-year from $582,790 in 2021. Since 2002, Armenia's demand for the beverage has risen 9.5% a year. In 2021, it placed 105th, with Togo overtaking it at $582,790. The UK, Japan and Germany occupied the top three positions.