Key Market Indicators
Wheat consumption in Armenia is set to reach 442,000 metric tons by 2026, a 0.3% annual growth rate since 2017. In 2021, the country ranked 88th, with 434,000 metric tons, while New Zealand led at 434,000 metric tons. India, the United States and Pakistan were 2nd, 3rd and 4th respectively. Wheat production in Armenia is predicted to fall by 11% annually, from 113,310 metric tons in 2021 to 56,080 metric tons in 2026. Since 1997, production has declined by 20.2%. In 2021, Armenia was 75th in the rankings, with Lebanon overtaking at 113,310 metric tons. India, Russia and the United States respectively ranked 2nd, 3rd and 4th.
