| Product Code: ETC5164388 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for the automotive crankshaft market showed a significant decline from 2023 to 2024, with a growth rate of -56.05%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 34.91%. This drastic change in import momentum could be attributed to shifts in demand dynamics or alterations in trade policies impacting market stability.

Armenia's Automotive Crankshaft market is anticipated to experience a high growth rate of 14.77% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Automotive Crankshaft Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Automotive Crankshaft Market - Industry Life Cycle |
3.4 Armenia Automotive Crankshaft Market - Porter's Five Forces |
3.5 Armenia Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Armenia Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Armenia Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Armenia Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Armenia |
4.2.2 Growth in the automotive manufacturing sector |
4.2.3 Technological advancements leading to the development of high-performance crankshafts |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Competition from substitute technologies |
4.3.3 Economic instability affecting consumer spending on automobiles |
5 Armenia Automotive Crankshaft Market Trends |
6 Armenia Automotive Crankshaft Market Segmentations |
6.1 Armenia Automotive Crankshaft Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Armenia Automotive Crankshaft Market Revenues & Volume, By Forged steel, 2021-2031F |
6.1.3 Armenia Automotive Crankshaft Market Revenues & Volume, By Cast iron/steel, 2021-2031F |
6.1.4 Armenia Automotive Crankshaft Market Revenues & Volume, By Machined billet, 2021-2031F |
6.2 Armenia Automotive Crankshaft Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Automotive Crankshaft Market Revenues & Volume, By Flat Plane, 2021-2031F |
6.2.3 Armenia Automotive Crankshaft Market Revenues & Volume, By Cross Plane, 2021-2031F |
6.3 Armenia Automotive Crankshaft Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Automotive Crankshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Armenia Automotive Crankshaft Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 Armenia Automotive Crankshaft Market Import-Export Trade Statistics |
7.1 Armenia Automotive Crankshaft Market Export to Major Countries |
7.2 Armenia Automotive Crankshaft Market Imports from Major Countries |
8 Armenia Automotive Crankshaft Market Key Performance Indicators |
8.1 Average age of vehicles in Armenia |
8.2 Percentage of automotive manufacturers using locally produced crankshafts |
8.3 Investment in research and development for crankshaft technology |
9 Armenia Automotive Crankshaft Market - Opportunity Assessment |
9.1 Armenia Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Armenia Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Armenia Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Armenia Automotive Crankshaft Market - Competitive Landscape |
10.1 Armenia Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
10.2 Armenia Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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