Key Market Indicators
Household refrigerator imports to Armenia are forecast to reach $5.9 million by 2026, up from $5.2 million in 2021. This is an average annual growth rate of 2.1% since 2002. Armenia was ranked 94th in 2021, having been overtaken by Cyprus at $5.2 million. Germany, France, and the UK were second, third, and fourth in the rankings respectively. Meanwhile, Armenian exports of household refrigerators are expected to reach $200,560 by 2026, up from $162,510 in 2021. This represents an average annual growth rate of 3.9% since 2004. Armenia was ranked 74th in 2021, with Kazakhstan overtaking at $162,510. Italy, Austria, and Mexico were second, third, and fourth in the rankings respectively.
