| Product Code: ETC6155236 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for centrifugal compressors in 2024 experienced a decline of -22.85% compared to 2023, with a compound annual growth rate (CAGR) of 11.25% for the period of 2020-2024. This negative growth can be attributed to a potential shift in demand dynamics or changes in trade policies impacting the market stability.

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 Centrifugal Compressor Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Centrifugal Compressor Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Centrifugal Compressor Market - Industry Life Cycle |
3.4 Armenia Centrifugal Compressor Market - Porter's Five Forces |
3.5 Armenia Centrifugal Compressor Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Centrifugal Compressor Market Revenues & Volume Share, By Discharge Pressure, 2022 & 2032F |
3.7 Armenia Centrifugal Compressor Market Revenues & Volume Share, By End-user, 2022 & 2032F |
3.8 Armenia Centrifugal Compressor Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Armenia Centrifugal Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.2 Increasing investments in infrastructure development projects in Armenia, leading to higher demand for centrifugal compressors. |
4.2.3 Technological advancements and innovations in centrifugal compressor design and performance, driving market growth. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the manufacturing cost of centrifugal compressors. |
4.3.2 Intense competition from local and international compressor manufacturers, leading to pricing pressures. |
4.3.3 Economic uncertainties and political instability affecting investment decisions in various industries, impacting the demand for centrifugal compressors. |
5 Armenia Centrifugal Compressor Market Trends |
6 Armenia Centrifugal Compressor Market, By Types |
6.1 Armenia Centrifugal Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Centrifugal Compressor Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Armenia Centrifugal Compressor Market Revenues & Volume, By Single-stage Centrifugal Compressor, 2022-2032F |
6.1.4 Armenia Centrifugal Compressor Market Revenues & Volume, By Multi-stage Centrifugal Compressor, 2022-2032F |
6.2 Armenia Centrifugal Compressor Market, By Discharge Pressure |
6.2.1 Overview and Analysis |
6.2.2 Armenia Centrifugal Compressor Market Revenues & Volume, By Below 20 Bars, 2022-2032F |
6.2.3 Armenia Centrifugal Compressor Market Revenues & Volume, By Between 20 and 200 Bars, 2022-2032F |
6.2.4 Armenia Centrifugal Compressor Market Revenues & Volume, By Between 200 and 400 Bars, 2022-2032F |
6.2.5 Armenia Centrifugal Compressor Market Revenues & Volume, By Above 400 Bars, 2022-2032F |
6.3 Armenia Centrifugal Compressor Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Armenia Centrifugal Compressor Market Revenues & Volume, By Oil & Gas, 2022-2032F |
6.3.3 Armenia Centrifugal Compressor Market Revenues & Volume, By Power, 2022-2032F |
6.3.4 Armenia Centrifugal Compressor Market Revenues & Volume, By Petrochemicals, 2022-2032F |
6.3.5 Armenia Centrifugal Compressor Market Revenues & Volume, By Chemicals & Fertilizers, 2022-2032F |
6.3.6 Armenia Centrifugal Compressor Market Revenues & Volume, By Textiles, 2022-2032F |
6.3.7 Armenia Centrifugal Compressor Market Revenues & Volume, By Automotive, 2022-2032F |
6.3.8 Armenia Centrifugal Compressor Market Revenues & Volume, By Others, 2022-2032F |
6.3.9 Armenia Centrifugal Compressor Market Revenues & Volume, By Others, 2022-2032F |
6.4 Armenia Centrifugal Compressor Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Armenia Centrifugal Compressor Market Revenues & Volume, By Direct Sales, 2022-2032F |
6.4.3 Armenia Centrifugal Compressor Market Revenues & Volume, By Indirect Sales, 2022-2032F |
7 Armenia Centrifugal Compressor Market Import-Export Trade Statistics |
7.1 Armenia Centrifugal Compressor Market Export to Major Countries |
7.2 Armenia Centrifugal Compressor Market Imports from Major Countries |
8 Armenia Centrifugal Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvements in centrifugal compressor models. |
8.2 Adoption rate of IoT-enabled features in centrifugal compressors for predictive maintenance and performance monitoring. |
8.3 Number of new product launches and technological innovations in the Armenia centrifugal compressor market. |
8.4 Customer satisfaction levels and retention rates for centrifugal compressor manufacturers in Armenia. |
8.5 Growth in aftermarket services revenue for centrifugal compressors in Armenia. |
9 Armenia Centrifugal Compressor Market - Opportunity Assessment |
9.1 Armenia Centrifugal Compressor Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Centrifugal Compressor Market Opportunity Assessment, By Discharge Pressure, 2022 & 2032F |
9.3 Armenia Centrifugal Compressor Market Opportunity Assessment, By End-user, 2022 & 2032F |
9.4 Armenia Centrifugal Compressor Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Armenia Centrifugal Compressor Market - Competitive Landscape |
10.1 Armenia Centrifugal Compressor Market Revenue Share, By Companies, 2025 |
10.2 Armenia Centrifugal Compressor 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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