Key Market Indicators
Armenia's livestock production is projected to fall slightly in the coming five years, with an average annual rate of 0.1%. In 2021, the country ranked 135th globally with 512,520 heads of livestock, compared to Slovakia's 512,520. The world's top producers in 2021 were Brazil, India, and the United States. Meanwhile, imports of livestock to Armenia are expected to grow at a CAGR of 2.3% over the same period, reaching $8.2 million in 2026. In 2021, Armenia ranked 91st in the world, with imports of $7.1 million, overtaken by Uganda's $7.1 million. Germany, Italy, and the Netherlands ranked 2nd, 3rd, and 4th respectively.
