Key Market Indicators
Armenia is set to see a 4.8% year-on-year increase in urea imports by 2026, with a total of 10.7 million kilograms. This is a significant increase from the 8 million kilograms imported in 2021. Since 2004, Armenian demand has grown by 38.8% annually. In 2021, Armenia was ranked 91st, with Bolivia leading the rankings with 8 million kilograms. India, Brazil and Thailand followed in the 2nd, 3rd and 4th positions respectively.
