Market research

Peaches and nectarines market in Armenia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2023, the Armenian peaches and nectarines market exhibited considerable volatility, with the overall volume increasing from 50 778 t to 59 084 t. The market reached its highest point at 62 750 t in 2021, but this was followed by a sharp contraction the next year.

Significant swings included a 21% growth in 2019, a 13% drop in 2020, a 17% recovery in 2021, a 21% decline in 2022, and a 19% rebound in 2023. These movements were driven by fluctuations in domestic production, which varied between 49 711 t and 62 697 t, alongside changes in import and export volumes.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
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. 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. 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. 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. 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. 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 peaches and nectarines in Armenia

In kind, 2017-2020, t

Globally, Armenia ranked as the 28th largest producer of peaches and nectarines between 2017 and 2020.

Top producers of peaches and nectarines, 2017-2020

Source: SHEV.io

World map of production of peaches and nectarines, 2017-2020

Source: SHEV.io

In 2020, Armenia produced 53 471 tonnes of peaches and nectarines, marking a 14.7% decrease from the previous year. Over the period from 2017 to 2020, production fell by 26.9%, which translates to an average annual decline of 9.9%. The lowest production level was recorded in 2018 at 52 247 tonnes. The sharpest drop occurred in 2018 with a 28.6% decrease, while the largest increase was seen in 2019 at 20.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(28.6%)	20.0%	(14.7%)	(9.9%)

Source: SHEV.io

Exports peaches and nectarines from Armenia

Exports in kind, t

The data shows irregular changes, reflecting a volatile market environment. Exports varied significantly, with a 3.9-fold difference between the peak in 2020 and the low in 2017. In 2020, Armenia exported 11 081 tonnes of peaches and nectarines, representing a substantial year-on-year increase of 195.9%. The most significant decline was recorded in 2019 at 31.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	89.8%	(31.2%)	195.9%	56.9%

Source: SHEV.io

From 2017 to 2020, Armenia's peaches and nectarines were almost exclusively supplied to Russia, which accounted for 99.9% of total exports in 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

The market exhibited volatility during the observed period. Export values reached their highest point in 2020 and their lowest in 2017, with an 11.6-fold variation between these years. In 2020, cross-border shipments of peaches and nectarines from Armenia amounted to 11 490 thousand US dollars, up by 252.3% compared to 2019. The largest decline occurred in 2019 at 1.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	235.5%	(1.7%)	252.3%	126.5%

Source: SHEV.io

Throughout 2017 to 2020, Russia remained the nearly exclusive buyer of peaches and nectarines from Armenia, holding a 99.9% share of total exports in value terms.

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 peaches and nectarines to Armenia

Imports in kind, t

The data indicates irregular changes, pointing to a volatile market environment. Imports peaked in 2020 and hit their lowest point in 2017, showing a 9.1-fold variation. In 2020, Armenia imported approximately 11 152 tonnes of peaches and nectarines, a sharp increase of 311.6% over the previous year. The most significant decline was recorded in 2019 at 31.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	223.1%	(31.8%)	311.6%	108.5%

Source: SHEV.io

From 2017 to 2020, Georgia played the leading role in Armenia's imports by volume, accounting for 70.4% of total flows, while other markets made up the remainder.

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

Noticeable fluctuations characterized the market performance during this period. Import values varied by 6.9-fold between the maximum in 2020 and the minimum in 2017. In 2020, the volume of peaches and nectarines imports into Armenia stood at 7 340 thousand US dollars, which is 311.2% higher than the previous year. The largest decline was recorded in 2019 at 4.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	76.2%	(4.7%)	311.2%	90.4%

Source: SHEV.io

Over the period from 2017 to 2020, Georgia was the primary source for Armenia's imports in value terms, representing 71.1% of total flows, with other markets forming a long tail of smaller partners.

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