| Product Code: ETC10523261 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Armenia construction material market witnessed a significant import growth trend from 2023 to 2024, with a growth rate of 39.88%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at an impressive 178.89%. This surge in imports can be attributed to a combination of factors, such as increased infrastructure projects, rising construction activities, and potentially evolving trade policies that favored importing construction materials.

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 Construction Material Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Construction Material Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Construction Material Market - Industry Life Cycle |
3.4 Armenia Construction Material Market - Porter's Five Forces |
3.5 Armenia Construction Material Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Armenia Construction Material Market Revenues & Volume Share, By Material Type, 2022 & 2032F |
3.7 Armenia Construction Material Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.8 Armenia Construction Material Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Armenia Construction Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing population leading to increased demand for housing and infrastructure development |
4.2.2 Government initiatives to boost construction activities and infrastructure projects |
4.2.3 Rising disposable incomes and urbanization driving construction material market growth |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges and compliance requirements affecting market expansion |
5 Armenia Construction Material Market Trends |
6 Armenia Construction Material Market, By Types |
6.1 Armenia Construction Material Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Construction Material Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Armenia Construction Material Market Revenues & Volume, By Cement, 2022 - 2032F |
6.1.4 Armenia Construction Material Market Revenues & Volume, By Aggregates, 2022 - 2032F |
6.1.5 Armenia Construction Material Market Revenues & Volume, By Steel, 2022 - 2032F |
6.1.6 Armenia Construction Material Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Armenia Construction Material Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Construction Material Market Revenues & Volume, By Portland, 2022 - 2032F |
6.2.3 Armenia Construction Material Market Revenues & Volume, By Crushed Stone, 2022 - 2032F |
6.2.4 Armenia Construction Material Market Revenues & Volume, By Rebar, 2022 - 2032F |
6.2.5 Armenia Construction Material Market Revenues & Volume, By Others, 2022 - 2032F |
6.3 Armenia Construction Material Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Construction Material Market Revenues & Volume, By Residential, 2022 - 2032F |
6.3.3 Armenia Construction Material Market Revenues & Volume, By Infrastructure, 2022 - 2032F |
6.3.4 Armenia Construction Material Market Revenues & Volume, By Bridges, 2022 - 2032F |
6.3.5 Armenia Construction Material Market Revenues & Volume, By General Use, 2022 - 2032F |
6.4 Armenia Construction Material Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Armenia Construction Material Market Revenues & Volume, By Builders, 2022 - 2032F |
6.4.3 Armenia Construction Material Market Revenues & Volume, By Contractors, 2022 - 2032F |
6.4.4 Armenia Construction Material Market Revenues & Volume, By Engineers, 2022 - 2032F |
6.4.5 Armenia Construction Material Market Revenues & Volume, By Others, 2022 - 2032F |
7 Armenia Construction Material Market Import-Export Trade Statistics |
7.1 Armenia Construction Material Market Export to Major Countries |
7.2 Armenia Construction Material Market Imports from Major Countries |
8 Armenia Construction Material Market Key Performance Indicators |
8.1 Construction permit issuance rate |
8.2 Infrastructure investment as a percentage of GDP |
8.3 Urban population growth rate |
8.4 Energy efficiency standards compliance rate |
8.5 Construction material import/export ratio |
9 Armenia Construction Material Market - Opportunity Assessment |
9.1 Armenia Construction Material Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Armenia Construction Material Market Opportunity Assessment, By Material Type, 2022 & 2032F |
9.3 Armenia Construction Material Market Opportunity Assessment, By Application, 2022 & 2032F |
9.4 Armenia Construction Material Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Armenia Construction Material Market - Competitive Landscape |
10.1 Armenia Construction Material Market Revenue Share, By Companies, 2025 |
10.2 Armenia Construction Material 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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