| Product Code: ETC12700925 | 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 NPK market showed a notable growth rate of 24.36% from 2023 to 2024, with a compound annual growth rate (CAGR) of 13.34% from 2020 to 2024. This import momentum can be attributed to increased agricultural activities and a rising demand for fertilizers in the region, indicating a positive shift in market stability and demand dynamics.

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 NPK Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia NPK Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia NPK Market - Industry Life Cycle |
3.4 Armenia NPK Market - Porter's Five Forces |
3.5 Armenia NPK Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Armenia NPK Market Revenues & Volume Share, By Application Area, 2022 & 2032F |
3.7 Armenia NPK Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Armenia NPK Market Revenues & Volume Share, By Form, 2022 & 2032F |
4 Armenia NPK Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality agricultural products in Armenia |
4.2.2 Government initiatives to promote sustainable agriculture practices |
4.2.3 Rising adoption of modern farming techniques and technologies |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in NPK production |
4.3.2 Environmental concerns related to the use of chemical fertilizers |
4.3.3 Competition from organic and bio-fertilizer products in the market |
5 Armenia NPK Market Trends |
6 Armenia NPK Market, By Types |
6.1 Armenia NPK Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia NPK Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Armenia NPK Market Revenues & Volume, By Nitrogen, 2022 - 2032F |
6.1.4 Armenia NPK Market Revenues & Volume, By Phosphorus, 2022 - 2032F |
6.1.5 Armenia NPK Market Revenues & Volume, By Potassium, 2022 - 2032F |
6.1.6 Armenia NPK Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Armenia NPK Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Armenia NPK Market Revenues & Volume, By Cereals and Grains, 2022 - 2032F |
6.2.3 Armenia NPK Market Revenues & Volume, By Oilseeds and Pulses, 2022 - 2032F |
6.2.4 Armenia NPK Market Revenues & Volume, By Fruits and Vegetables, 2022 - 2032F |
6.3 Armenia NPK Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia NPK Market Revenues & Volume, By Farmers, 2022 - 2032F |
6.3.3 Armenia NPK Market Revenues & Volume, By Agricultural Cooperatives, 2022 - 2032F |
6.3.4 Armenia NPK Market Revenues & Volume, By Commercial Growers, 2022 - 2032F |
6.4 Armenia NPK Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Armenia NPK Market Revenues & Volume, By Powder, 2022 - 2032F |
6.4.3 Armenia NPK Market Revenues & Volume, By Liquid, 2022 - 2032F |
7 Armenia NPK Market Import-Export Trade Statistics |
7.1 Armenia NPK Market Export to Major Countries |
7.2 Armenia NPK Market Imports from Major Countries |
8 Armenia NPK Market Key Performance Indicators |
8.1 Adoption rate of precision agriculture technologies in Armenia |
8.2 Number of government subsidies or incentives for NPK fertilizer usage |
8.3 Soil health improvement metrics in farms using NPK fertilizers |
9 Armenia NPK Market - Opportunity Assessment |
9.1 Armenia NPK Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Armenia NPK Market Opportunity Assessment, By Application Area, 2022 & 2032F |
9.3 Armenia NPK Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Armenia NPK Market Opportunity Assessment, By Form, 2022 & 2032F |
10 Armenia NPK Market - Competitive Landscape |
10.1 Armenia NPK Market Revenue Share, By Companies, 2025 |
10.2 Armenia NPK 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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