| Product Code: ETC12002237 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Armenia import trend for the drilling rigs market experienced a significant decline from 2023 to 2024, with a growth rate of -93.71% during this period. The compound annual growth rate (CAGR) for imports from 2020 to 2024 also stood at -93.71%. This sharp decrease could be attributed to a combination of reduced demand in the market and potential shifts in trade policies impacting the import momentum for drilling rigs in Armenia.

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 Drilling Rigs Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Drilling Rigs Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Drilling Rigs Market - Industry Life Cycle |
3.4 Armenia Drilling Rigs Market - Porter's Five Forces |
3.5 Armenia Drilling Rigs Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Drilling Rigs Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Armenia Drilling Rigs Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Armenia Drilling Rigs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Drilling Rigs Market Trends |
6 Armenia Drilling Rigs Market, By Types |
6.1 Armenia Drilling Rigs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Drilling Rigs Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Armenia Drilling Rigs Market Revenues & Volume, By Land Rigs, 2022 - 2032F |
6.1.4 Armenia Drilling Rigs Market Revenues & Volume, By Offshore Rigs, 2022 - 2032F |
6.2 Armenia Drilling Rigs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Drilling Rigs Market Revenues & Volume, By Oil & Gas Drilling, 2022 - 2032F |
6.2.3 Armenia Drilling Rigs Market Revenues & Volume, By Geothermal Drilling, 2022 - 2032F |
6.3 Armenia Drilling Rigs Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Drilling Rigs Market Revenues & Volume, By Energy Sector, 2022 - 2032F |
6.3.3 Armenia Drilling Rigs Market Revenues & Volume, By Mining Sector, 2022 - 2032F |
7 Armenia Drilling Rigs Market Import-Export Trade Statistics |
7.1 Armenia Drilling Rigs Market Export to Major Countries |
7.2 Armenia Drilling Rigs Market Imports from Major Countries |
8 Armenia Drilling Rigs Market Key Performance Indicators |
9 Armenia Drilling Rigs Market - Opportunity Assessment |
9.1 Armenia Drilling Rigs Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Drilling Rigs Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Armenia Drilling Rigs Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Armenia Drilling Rigs Market - Competitive Landscape |
10.1 Armenia Drilling Rigs Market Revenue Share, By Companies, 2025 |
10.2 Armenia Drilling Rigs 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.
To discover high-growth global markets and optimize your business strategy:
Click Here