| Product Code: ETC5392084 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for nickel alloys in 2024 experienced a decline of -16.67% compared to the previous year, with a compound annual growth rate (CAGR) of 13.62% from 2020 to 2024. This negative import momentum in 2024 could be attributed to shifts in market demand or changes in trade policies impacting the market stability.
By 2027, the Nickel Alloys market in Armenia is anticipated to reach a growth rate of 12.71%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Nickel Alloys Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Nickel Alloys Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Nickel Alloys Market - Industry Life Cycle |
3.4 Armenia Nickel Alloys Market - Porter's Five Forces |
3.5 Armenia Nickel Alloys Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Armenia Nickel Alloys Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Armenia Nickel Alloys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for nickel alloys in aerospace and defense industries |
4.2.2 Growth in the automotive sector, particularly electric vehicles, which require nickel alloys for battery production |
4.2.3 Rising investments in infrastructure projects, driving the demand for nickel alloys in construction |
4.3 Market Restraints |
4.3.1 Volatility in nickel prices impacting the cost of production for nickel alloys |
4.3.2 Environmental concerns and regulations affecting the mining and processing of nickel |
4.3.3 Competition from alternative materials like stainless steel and aluminum alloys |
5 Armenia Nickel Alloys Market Trends |
6 Armenia Nickel Alloys Market Segmentations |
6.1 Armenia Nickel Alloys Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Armenia Nickel Alloys Market Revenues & Volume, By Corrosion Resistant Alloys, 2021-2031F |
6.1.3 Armenia Nickel Alloys Market Revenues & Volume, By High Performance Alloys, 2021-2031F |
6.1.4 Armenia Nickel Alloys Market Revenues & Volume, By Electronic Alloys, 2021-2031F |
6.1.5 Armenia Nickel Alloys Market Revenues & Volume, By Heat Resistant Alloys, 2021-2031F |
6.1.6 Armenia Nickel Alloys Market Revenues & Volume, By Each function is further described in detail in the report with value forecasts until 2024., 2021-2031F |
6.2 Armenia Nickel Alloys Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Armenia Nickel Alloys Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.3 Armenia Nickel Alloys Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Armenia Nickel Alloys Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.5 Armenia Nickel Alloys Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.6 Armenia Nickel Alloys Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.2.7 Armenia Nickel Alloys Market Revenues & Volume, By Automotive, 2021-2031F |
7 Armenia Nickel Alloys Market Import-Export Trade Statistics |
7.1 Armenia Nickel Alloys Market Export to Major Countries |
7.2 Armenia Nickel Alloys Market Imports from Major Countries |
8 Armenia Nickel Alloys Market Key Performance Indicators |
8.1 Percentage of nickel alloy content in new aerospace and defense contracts |
8.2 Number of electric vehicles using nickel alloys in their batteries |
8.3 Investment amount in infrastructure projects requiring nickel alloys |
9 Armenia Nickel Alloys Market - Opportunity Assessment |
9.1 Armenia Nickel Alloys Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Armenia Nickel Alloys Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Armenia Nickel Alloys Market - Competitive Landscape |
10.1 Armenia Nickel Alloys Market Revenue Share, By Companies, 2024 |
10.2 Armenia Nickel Alloys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |