| Product Code: ETC5688655 | 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 phosphate market witnessed a notable decline in imports, with a growth rate of -50.0% from 2023 to 2024. The compound annual growth rate (CAGR) for 2020-2024 stood at -5.01%. This significant decrease in import momentum could be attributed to shifting demand dynamics or changes in trade policies impacting market stability.
The Phosphate market in Armenia is projected to grow at a high growth rate of 13.90% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Phosphate Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Phosphate Market - Industry Life Cycle |
3.4 Armenia Phosphate Market - Porter's Five Forces |
3.5 Armenia Phosphate Market Revenues & Volume Share, By Type/Derivative, 2021 & 2031F |
3.6 Armenia Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Armenia Phosphate Market Revenues & Volume Share, By Type of Resource, 2021 & 2031F |
4 Armenia Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fertilizers in agriculture sector |
4.2.2 Government initiatives to promote phosphate-based products |
4.2.3 Growth in the food industry leading to higher demand for phosphate additives |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental regulations impacting phosphate mining and processing |
4.3.3 Competition from alternative agricultural products |
5 Armenia Phosphate Market Trends |
6 Armenia Phosphate Market Segmentations |
6.1 Armenia Phosphate Market, By Type/Derivative |
6.1.1 Overview and Analysis |
6.1.2 Armenia Phosphate Market Revenues & Volume, By Ammonium Phosphate, 2021-2031F |
6.1.3 Armenia Phosphate Market Revenues & Volume, By Calcium Phosphate, 2021-2031F |
6.1.4 Armenia Phosphate Market Revenues & Volume, By Phosphoric Acid, 2021-2031F |
6.2 Armenia Phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Phosphate Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.3 Armenia Phosphate Market Revenues & Volume, By Foods & Beverages, 2021-2031F |
6.2.4 Armenia Phosphate Market Revenues & Volume, By Detergents, 2021-2031F |
6.3 Armenia Phosphate Market, By Type of Resource |
6.3.1 Overview and Analysis |
6.3.2 Armenia Phosphate Market Revenues & Volume, By Sedimentary Marine Deposits, 2021-2031F |
6.3.3 Armenia Phosphate Market Revenues & Volume, By Igneous & Weathered, 2021-2031F |
6.3.4 Armenia Phosphate Market Revenues & Volume, By Biogenic, 2021-2031F |
7 Armenia Phosphate Market Import-Export Trade Statistics |
7.1 Armenia Phosphate Market Export to Major Countries |
7.2 Armenia Phosphate Market Imports from Major Countries |
8 Armenia Phosphate Market Key Performance Indicators |
8.1 Average selling price of phosphate products |
8.2 Adoption rate of phosphate-based fertilizers in agriculture |
8.3 Number of new product launches in the phosphate market |
9 Armenia Phosphate Market - Opportunity Assessment |
9.1 Armenia Phosphate Market Opportunity Assessment, By Type/Derivative, 2021 & 2031F |
9.2 Armenia Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Armenia Phosphate Market Opportunity Assessment, By Type of Resource, 2021 & 2031F |
10 Armenia Phosphate Market - Competitive Landscape |
10.1 Armenia Phosphate Market Revenue Share, By Companies, 2024 |
10.2 Armenia Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |