| Product Code: ETC5177821 | Publication Date: Nov 2023 | Updated Date: Feb 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 cutting wheels in 2024 experienced a notable decline of -66.95% compared to 2023. However, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 24.95%. This stark decrease in imports could be attributed to shifts in demand, changes in trade policies, or market stabilization efforts during the period.

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 Cutting Wheels Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Cutting Wheels Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Cutting Wheels Market - Industry Life Cycle |
3.4 Armenia Cutting Wheels Market - Porter's Five Forces |
3.5 Armenia Cutting Wheels Market Revenues & Volume Share, By Wheel Type, 2022 & 2032F |
3.6 Armenia Cutting Wheels Market Revenues & Volume Share, By Disc Material, 2022 & 2032F |
3.7 Armenia Cutting Wheels Market Revenues & Volume Share, By Abrasive Type, 2022 & 2032F |
3.8 Armenia Cutting Wheels Market Revenues & Volume Share, By Grit Size , 2022 & 2032F |
3.9 Armenia Cutting Wheels Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.10 Armenia Cutting Wheels Market Revenues & Volume Share, By End-use Industry, 2022 & 2032F |
4 Armenia Cutting Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in Armenia leading to increased demand for cutting wheels. |
4.2.2 Rise in industrialization and manufacturing activities driving the need for cutting wheels in various sectors. |
4.2.3 Technological advancements and innovations in cutting wheel materials and designs enhancing product performance and durability. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs of cutting wheels. |
4.3.2 Intense competition among market players leading to price wars and margin pressures. |
4.3.3 Economic uncertainties impacting investment decisions and overall market demand for cutting wheels. |
5 Armenia Cutting Wheels Market Trends |
6 Armenia Cutting Wheels Market Segmentations |
6.1 Armenia Cutting Wheels Market, By Wheel Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Cutting Wheels Market Revenues & Volume, By Straight Cutting Wheels, 2022-2032F |
6.1.3 Armenia Cutting Wheels Market Revenues & Volume, By Depressed Center Cutting Wheels, 2022-2032F |
6.2 Armenia Cutting Wheels Market, By Disc Material |
6.2.1 Overview and Analysis |
6.2.2 Armenia Cutting Wheels Market Revenues & Volume, By Cast Iron, 2022-2032F |
6.2.3 Armenia Cutting Wheels Market Revenues & Volume, By Steel, 2022-2032F |
6.2.4 Armenia Cutting Wheels Market Revenues & Volume, By Other Materials, 2022-2032F |
6.3 Armenia Cutting Wheels Market, By Abrasive Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Cutting Wheels Market Revenues & Volume, By Aluminum Oxide, 2022-2032F |
6.3.3 Armenia Cutting Wheels Market Revenues & Volume, By Silicon Carbide, 2022-2032F |
6.3.4 Armenia Cutting Wheels Market Revenues & Volume, By Aluminum Zirconium, 2022-2032F |
6.3.5 Armenia Cutting Wheels Market Revenues & Volume, By Seeded Gel, 2022-2032F |
6.3.6 Armenia Cutting Wheels Market Revenues & Volume, By Diamond Cutting Wheels, 2022-2032F |
6.4 Armenia Cutting Wheels Market, By Grit Size |
6.4.1 Overview and Analysis |
6.4.2 Armenia Cutting Wheels Market Revenues & Volume, By Coarse (8-24 CAMI Units), 2022-2032F |
6.4.3 Armenia Cutting Wheels Market Revenues & Volume, By Medium (30-60), 2022-2032F |
6.4.4 Armenia Cutting Wheels Market Revenues & Volume, By Fine (70-180), 2022-2032F |
6.4.5 Armenia Cutting Wheels Market Revenues & Volume, By Very Fine (220-600), 2022-2032F |
6.5 Armenia Cutting Wheels Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Armenia Cutting Wheels Market Revenues & Volume, By Metal Cutting, 2022-2032F |
6.5.3 Armenia Cutting Wheels Market Revenues & Volume, By Masonry, 2022-2032F |
6.5.4 Armenia Cutting Wheels Market Revenues & Volume, By Ceramic Cutting, 2022-2032F |
6.5.5 Armenia Cutting Wheels Market Revenues & Volume, By Notching, 2022-2032F |
6.6 Armenia Cutting Wheels Market, By End-use Industry |
6.6.1 Overview and Analysis |
6.6.2 Armenia Cutting Wheels Market Revenues & Volume, By Transportation, 2022-2032F |
6.6.3 Armenia Cutting Wheels Market Revenues & Volume, By Construction, 2022-2032F |
6.6.4 Armenia Cutting Wheels Market Revenues & Volume, By Metal Working, 2022-2032F |
6.6.5 Armenia Cutting Wheels Market Revenues & Volume, By Shipbuilding, 2022-2032F |
7 Armenia Cutting Wheels Market Import-Export Trade Statistics |
7.1 Armenia Cutting Wheels Market Export to Major Countries |
7.2 Armenia Cutting Wheels Market Imports from Major Countries |
8 Armenia Cutting Wheels Market Key Performance Indicators |
8.1 Adoption rate of advanced cutting wheel technologies by manufacturers and end-users. |
8.2 Rate of new product development and launch in the cutting wheels market. |
8.3 Customer satisfaction and retention rates for cutting wheel products. |
8.4 Percentage of repeat purchases by customers in the cutting wheels segment. |
8.5 Number of partnerships and collaborations between cutting wheel manufacturers and distributors for market expansion. |
9 Armenia Cutting Wheels Market - Opportunity Assessment |
9.1 Armenia Cutting Wheels Market Opportunity Assessment, By Wheel Type, 2022 & 2032F |
9.2 Armenia Cutting Wheels Market Opportunity Assessment, By Disc Material, 2022 & 2032F |
9.3 Armenia Cutting Wheels Market Opportunity Assessment, By Abrasive Type, 2022 & 2032F |
9.4 Armenia Cutting Wheels Market Opportunity Assessment, By Grit Size , 2022 & 2032F |
9.5 Armenia Cutting Wheels Market Opportunity Assessment, By Application, 2022 & 2032F |
9.6 Armenia Cutting Wheels Market Opportunity Assessment, By End-use Industry, 2022 & 2032F |
10 Armenia Cutting Wheels Market - Competitive Landscape |
10.1 Armenia Cutting Wheels Market Revenue Share, By Companies, 2025 |
10.2 Armenia Cutting Wheels 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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