| Product Code: ETC5146566 | 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 grinding wheels in 2024 experienced a decline of -13.56% compared to 2023, despite a notable compound annual growth rate (CAGR) of 26.37% from 2020 to 2024. This negative import momentum in 2024 may be attributed to shifts in demand dynamics or changes in market conditions impacting the sector`s 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 Grinding Wheels Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Grinding Wheels Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Grinding Wheels Market - Industry Life Cycle |
3.4 Armenia Grinding Wheels Market - Porter's Five Forces |
3.5 Armenia Grinding Wheels Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Grinding Wheels Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.7 Armenia Grinding Wheels Market Revenues & Volume Share, By Diameter, 2022 & 2032F |
3.8 Armenia Grinding Wheels Market Revenues & Volume Share, By Applications, 2022 & 2032F |
3.9 Armenia Grinding Wheels Market Revenues & Volume Share, By End-use, 2022 & 2032F |
3.10 Armenia Grinding Wheels Market Revenues & Volume Share, By Price, 2022 & 2032F |
3.11 Armenia Grinding Wheels Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Armenia Grinding Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the manufacturing sector in Armenia leading to increased demand for grinding wheels |
4.2.2 Technological advancements in grinding wheel materials and design improving performance and efficiency |
4.2.3 Rising investments in infrastructure projects driving the demand for construction-related grinding wheel applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of grinding wheels |
4.3.2 Intense competition from international grinding wheel manufacturers affecting pricing and market share |
4.3.3 Environmental regulations and sustainability concerns influencing manufacturing processes and material choices |
5 Armenia Grinding Wheels Market Trends |
6 Armenia Grinding Wheels Market Segmentations |
6.1 Armenia Grinding Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Grinding Wheels Market Revenues & Volume, By Straight, 2022-2032F |
6.1.3 Armenia Grinding Wheels Market Revenues & Volume, By Cylinder, 2022-2032F |
6.1.4 Armenia Grinding Wheels Market Revenues & Volume, By Tapered, 2022-2032F |
6.1.5 Armenia Grinding Wheels Market Revenues & Volume, By Recessed, 2022-2032F |
6.1.6 Armenia Grinding Wheels Market Revenues & Volume, By Others, 2022-2032F |
6.2 Armenia Grinding Wheels Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Armenia Grinding Wheels Market Revenues & Volume, By Natural Abrasives, 2022-2032F |
6.2.3 Armenia Grinding Wheels Market Revenues & Volume, By Artificial Abrasives, 2022-2032F |
6.3 Armenia Grinding Wheels Market, By Diameter |
6.3.1 Overview and Analysis |
6.3.2 Armenia Grinding Wheels Market Revenues & Volume, By 00 mm to 100 mm, 2022-2032F |
6.3.3 Armenia Grinding Wheels Market Revenues & Volume, By 100 mm to 1000 mm, 2022-2032F |
6.3.4 Armenia Grinding Wheels Market Revenues & Volume, By 1000 mm and above, 2022-2032F |
6.4 Armenia Grinding Wheels Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Armenia Grinding Wheels Market Revenues & Volume, By Cutting, 2022-2032F |
6.4.3 Armenia Grinding Wheels Market Revenues & Volume, By Surface Treatment, 2022-2032F |
6.5 Armenia Grinding Wheels Market, By End-use |
6.5.1 Overview and Analysis |
6.5.2 Armenia Grinding Wheels Market Revenues & Volume, By Construction, 2022-2032F |
6.5.3 Armenia Grinding Wheels Market Revenues & Volume, By Aerospace, 2022-2032F |
6.5.4 Armenia Grinding Wheels Market Revenues & Volume, By Automotive, 2022-2032F |
6.5.5 Armenia Grinding Wheels Market Revenues & Volume, By Medical, 2022-2032F |
6.5.6 Armenia Grinding Wheels Market Revenues & Volume, By Commercial Appliances, 2022-2032F |
6.5.7 Armenia Grinding Wheels Market Revenues & Volume, By Others, 2022-2032F |
6.6 Armenia Grinding Wheels Market, By Price |
6.6.1 Overview and Analysis |
6.6.2 Armenia Grinding Wheels Market Revenues & Volume, By Low, 2022-2032F |
6.6.3 Armenia Grinding Wheels Market Revenues & Volume, By Medium, 2022-2032F |
6.6.4 Armenia Grinding Wheels Market Revenues & Volume, By High, 2022-2032F |
6.7 Armenia Grinding Wheels Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Armenia Grinding Wheels Market Revenues & Volume, By Direct, 2022-2032F |
6.7.3 Armenia Grinding Wheels Market Revenues & Volume, By Indirect, 2022-2032F |
7 Armenia Grinding Wheels Market Import-Export Trade Statistics |
7.1 Armenia Grinding Wheels Market Export to Major Countries |
7.2 Armenia Grinding Wheels Market Imports from Major Countries |
8 Armenia Grinding Wheels Market Key Performance Indicators |
8.1 Average lifespan of grinding wheels in Armenia market |
8.2 Adoption rate of new grinding wheel technologies in the market |
8.3 Percentage of manufacturing companies using grinding wheels produced domestically |
8.4 Rate of compliance with environmental regulations in grinding wheel production |
9 Armenia Grinding Wheels Market - Opportunity Assessment |
9.1 Armenia Grinding Wheels Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Grinding Wheels Market Opportunity Assessment, By Material, 2022 & 2032F |
9.3 Armenia Grinding Wheels Market Opportunity Assessment, By Diameter, 2022 & 2032F |
9.4 Armenia Grinding Wheels Market Opportunity Assessment, By Applications, 2022 & 2032F |
9.5 Armenia Grinding Wheels Market Opportunity Assessment, By End-use, 2022 & 2032F |
9.6 Armenia Grinding Wheels Market Opportunity Assessment, By Price, 2022 & 2032F |
9.7 Armenia Grinding Wheels Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Armenia Grinding Wheels Market - Competitive Landscape |
10.1 Armenia Grinding Wheels Market Revenue Share, By Companies, 2025 |
10.2 Armenia Grinding 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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