| Product Code: ETC5832428 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for brass bars in 2023-2024 exhibited a significant growth rate of 289.58%, while the compound annual growth rate (CAGR) for 2020-2024 stood at 0.41%. This surge in imports can be attributed to a notable shift in demand for brass bars within the market, indicating a potential uptrend in market stability and increased industrial activity during the period analyzed.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Brass Bars Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Brass Bars Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Brass Bars Market - Industry Life Cycle |
3.4 Armenia Brass Bars Market - Porter's Five Forces |
3.5 Armenia Brass Bars Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Brass Bars Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Armenia Brass Bars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for brass bars in various industries such as construction, automotive, and electrical appliances. |
4.2.2 Increasing usage of brass bars in plumbing and sanitary applications due to their corrosion resistance and durability. |
4.2.3 Favorable government policies supporting the manufacturing sector in Armenia. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like copper and zinc, which are key components in brass production, impacting the cost of brass bars. |
4.3.2 Intense competition from alternative materials like aluminum and steel, which may hinder the growth of the brass bars market. |
4.3.3 Economic instability and political uncertainties in the region affecting investment and business growth. |
5 Armenia Brass Bars Market Trends |
6 Armenia Brass Bars Market Segmentations |
6.1 Armenia Brass Bars Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Brass Bars Market Revenues & Volume, By Ordinary Brass Bars, 2021-2031F |
6.1.3 Armenia Brass Bars Market Revenues & Volume, By Neutral Brass Bars, 2021-2031F |
6.1.4 Armenia Brass Bars Market Revenues & Volume, By High Precision Brass Bars, 2021-2031F |
6.2 Armenia Brass Bars Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Armenia Brass Bars Market Revenues & Volume, By Machines, 2021-2031F |
6.2.3 Armenia Brass Bars Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Armenia Brass Bars Market Revenues & Volume, By Electric Appliances, 2021-2031F |
7 Armenia Brass Bars Market Import-Export Trade Statistics |
7.1 Armenia Brass Bars Market Export to Major Countries |
7.2 Armenia Brass Bars Market Imports from Major Countries |
8 Armenia Brass Bars Market Key Performance Indicators |
8.1 Average selling price of brass bars in the market. |
8.2 Percentage of revenue invested in research and development for innovation in brass bar manufacturing. |
8.3 Number of new product launches and product line extensions in the brass bars segment. |
8.4 Percentage of market penetration in key industries such as construction, automotive, and electrical appliances. |
9 Armenia Brass Bars Market - Opportunity Assessment |
9.1 Armenia Brass Bars Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Brass Bars Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Armenia Brass Bars Market - Competitive Landscape |
10.1 Armenia Brass Bars Market Revenue Share, By Companies, 2024 |
10.2 Armenia Brass Bars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |