Key Market Indicators
Armenian copper import is expected to grow steadily over the next five years, reaching nearly $7.5 million by 2026. This is an increase of 2.9% year-on-year compounded annual growth rate (CAGR). The country saw an 18.3% year-on-year growth since 2002, finishing 103rd in 2021 - just behind Swaziland. Germany, the United States, and Italy took the next three spots in the ranking. On the other hand, the export of Armenian copper decreased by 4.4%, from $18 million in 2020 to $17.3 million in 2021. Since 2002, the country's supply has dropped by 23.5% year-on-year. It finished 81st in 2021, with Macedonia taking the lead. Germany, the United States, and Japan were the next three countries in the ranking.
