Market research

Cherries market in Armenia

Cherries market in Armenia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The volume of the cherry market in Armenia contracted significantly from 2018 to 2021, falling from 17 117 tons to 12 083 tons. This represented a cumulative decline of nearly 30% over three years.

After reaching a low in 2021, the market rebounded in 2022 with a 12% increase to 13 589 tons. However, volume dipped again in 2023 to 13 096 tons, with the most pronounced annual drop occurring in 2020 when it fell by 18% to 12 957 tons.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Armenia
      1. 5.1.1. Annual dynamics of production in Armenia in kind, 2018-2023, t
      2. 5.1.2. Annual dynamics of production in Armenia in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from Armenia in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's exports in kind from Armenia by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Armenia in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Armenia by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Armenia, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's exports from Armenia by countries, 2018-2024, $ US/t
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from Armenia in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's exports in kind from Armenia by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Armenia in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Armenia by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Armenia, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's exports from Armenia by countries, 2018-2024, $ US/t
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to Armenia in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's imports in kind to Armenia by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Armenia in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Armenia by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Armenia, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's imports to Armenia by countries, 2018-2024, $ US/t
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to Armenia in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's imports in kind to Armenia by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Armenia in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Armenia by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Armenia, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's imports to Armenia by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production cherries in Armenia

In kind, 2017-2020, t

Between 2017 and 2020, Armenia ranked 29th globally in cherry production.

Top producers of cherries, 2017-2020

Source: SHEV.io

World map of production of cherries, 2017-2020

Source: SHEV.io

Armenia's cherry production declined for the second year in a row. In 2019, production stood at 15,973 tonnes, but by 2020 it had dropped to 13,673 tonnes, marking a significant 14.4% decrease. Over the entire 2017-2020 period, production grew by 9%, which translates to an average annual increase of 2.9%. The peak was in 2018, with 17,254 tonnes produced, representing the largest annual jump of 37.6%.

Annual dynamics of production in Armenia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year37.6%(7.4%)(14.4%)2.9%
Source: SHEV.io

Exports cherries from Armenia

Exports in kind, t

Armenia's cherry exports have been rising for three consecutive years. In 2019, exports were 663 tonnes, and by 2020 they surged to 1,234 tonnes, an impressive 86.2% increase. From 2017 to 2020, exports expanded by 8,271.7%, with a compound annual growth rate of 337.5%.

Annual dynamics of product's exports from Armenia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year834.3%381.1%86.2%337.5%
Source: SHEV.io

From 2017 to 2020, Armenia's cherry exports were heavily concentrated on Russia, which accounted for 98.1% of the total volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Armenia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Armenia's cherry exports in value terms have grown for the third year running. In 2019, exports were valued at 1,372 thousand US dollars, rising to 2,677 thousand US dollars in 2020, a 95.2% year-on-year increase. Between 2017 and 2020, export value soared by 17,249.9%, equivalent to an annualized rate of 457.7%.

Annual dynamics of product's exports from Armenia in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year691.1%1 023.5%95.2%457.7%
Source: SHEV.io

During 2017-2020, Russia dominated Armenia's cherry exports in value, capturing 97.2% of the total.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Armenia in value, 2017-2020

Source: SHEV.io

Imports cherries to Armenia

Imports in kind, t

Cherry imports into Armenia showed an unstable pattern over this period. In 2017, imports were at their lowest at 0.05 tonnes, but by 2019 they peaked at 588 tonnes, reflecting a massive 11,202-fold difference. In 2020, imports decreased to 519 tonnes, down 11.8% from the previous year. The largest annual increase occurred in 2019, with a jump of 179,204.6%.

Annual dynamics of product's imports to Armenia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year524.8%179 204.6%(11.8%)2 045.7%
Source: SHEV.io

From 2017 to 2020, Turkey was the primary and nearly exclusive source for Armenia's cherry imports, making up 90.6% of the total volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Armenia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Armenia's cherry imports in value have increased for three years in a row. In 2019, imports were 329 thousand US dollars, and by 2020 they reached 723 thousand US dollars, up 120.0% year-on-year. Over the 2017-2020 span, import value skyrocketed by 943,717%, with a compound annual growth rate of 2,013.3%.

Annual dynamics of product's imports to Armenia in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year1 174.5%33 567.9%120.0%2 013.3%
Source: SHEV.io

Between 2017 and 2020, the import market was highly concentrated, with Turkey alone responsible for 91.0% of the total value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Armenia in value, 2017-2020

Source: SHEV.io

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