Key Market Indicators
Armenia's juice export market is projected to grow modestly over the next five years. By 2028, exports are expected to reach approximately $2.3 million, up from about $2.2 million in 2023. This reflects an average annual growth rate of 0.7%. However, it's worth noting that since 2002, the country's juice supply has seen a slight decline, averaging a 0.5% drop each year. In contrast, the import market for juice in Armenia is showing stronger growth. Imports are anticipated to climb to nearly $5 million by 2028, compared to around $4.7 million in 2023. This marks an average yearly increase of 0.8%. Since 2002, the demand for juice imports in Armenia has risen steadily, with an average annual growth rate of 1.5%.
