Key Market Indicators
The country ranked number 87 in 2021, Saudi Arabia overtook with $85,740. Chile, Peru and India respectively came in numbers 2, 3 and 4 in this ranking. Armenia's tin exports are expected to reach $34 million by 2026, up from $27 million in 2021. This is an average annual growth rate of 3.8%. Since 2019, Armenia's supply has grown 6.2% per year. In 2021, Armenia was ranked 81st, with Palestine overtaking them at $27 million. Malaysia, Peru, and Singapore followed in that order. Meanwhile, Armenian tin imports are projected to reach $97 million by 2026, up from $86 million in 2021. This is an average annual growth rate of 2.1%. Since 2002, Armenia's demand has decreased 4.2% per year. In 2021, they were ranked 87th, with Saudi Arabia overtaking them at $86 million. Chile, Peru, and India followed in that order.
