Key Market Indicators
The export of sheep from Armenia is forecast to reach $3.3 million by 2026, up 2.6% a year on average from 2021's $2.8 million. This represents a 41.1% increase since 2012. India was the largest exporter in 2021 at $2.8 million, followed by Spain, Australia and Jordan. Meanwhile, Armenian imports of sheep are expected to reach $685,000 by 2026, rising at an average rate of 3.5% per year from 2021's $548,210. This represents a 36.1% rise since 2014. Ireland led the ranking in 2021 at $548,210, followed by Qatar, Kuwait and Israel.