Armenia Alcoholic Drink Industry Outlook 2024 - 2028

See how Armenia Alcoholic Drink performed compared to key markets.

Key Market Indicators

Armenian alcoholic drink exports are projected to climb to approximately $390 million by 2028, up from around $326 million in 2023. This marks an average annual growth rate of 2.8%. Since 2002, Armenia's supply of alcoholic beverages has seen a consistent increase, averaging a 7.2% growth each year. In terms of consumption, Armenia recorded no significant change. The nation's alcoholic drink consumption remained at zero thousand metric tons in 2018, maintaining the same level as in 2017.

Armenia Alcoholic Drink Market Data and Forecasts

Other Top Countries about Alcoholic Drink