Key Market Indicators
Armenia is expected to see a 4.4% annual rise in fertilizer imports over the next five years, bringing the total to 3,670 metric tons by 2026. The demand for fertilizers has increased by 17.4% year on year since 2010, with Armenia now ranking 127th in 2021, having been overtaken by Montenegro which stands at 2,820 metric tons. Brazil, Spain, and Thailand follow respectively as the next three in the ranking.
