Market research

Treenuts market in Armenia

Treenuts market in Armenia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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Earlier Report Observations

The Armenian treenuts market volume demonstrated substantial growth from 4 490 t in 2018 to 7 744 t in 2023. This expansion was highlighted by a particularly strong increase of over 1 100 t in 2020, which set a new high point for the period.

Following the 2020 peak, the market underwent a moderate correction in 2021, declining by nearly 300 t. A recovery commenced in 2022, adding roughly 700 t, and growth accelerated sharply in 2023 with an addition of approximately 1 300 t, establishing a new record volume.

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. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Armenia in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Armenia by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Armenia in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Armenia by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Armenia, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Armenia by countries, 2018-2024, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Armenia in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Armenia by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Armenia in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Armenia by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Armenia, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Armenia by countries, 2018-2024, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Armenia in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Armenia by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Armenia in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Armenia by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Armenia, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Armenia by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Armenia in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Armenia by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Armenia in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Armenia by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Armenia, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from 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 treenuts in Armenia

In kind, 2017-2020, t

Top producers of treenuts, 2017-2020

Source: SHEV.io

World map of production of treenuts, 2017-2020

Source: SHEV.io

Armenia's treenuts production increased for the second consecutive year. In 2020, the country produced 5 351 tons of treenuts, marking a significant 39.7% improvement compared to 2019. Over the period from 2017 to 2020, production decreased by 6.3%, with a compound annual growth rate of 2.1%. The lowest production volume was recorded in 2018 at 3 640 tons, which also saw the largest decline of 36.3%.

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

Parameter201820192020CAGR
1Change from last year(36.3%)5.2%39.7%(2.1%)
Source: SHEV.io

Exports treenuts from Armenia

Exports in kind, t

The market showed an unstable trend throughout the period. From 2018 to 2019, there was a peak-to-trough amplitude of 14.3 times. In 2020, Armenia exported 1 267 tons of treenuts, representing a substantial 394.5% increase from 2019. The minimum export volume was recorded in 2019 at 256 tons, while the maximum was in 2018 at 3 666 tons. The largest decline occurred in 2019, dropping by 93.0%.

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

Parameter201820192020CAGR
1Change from last year201.1%(93.0%)394.5%1.3%
Source: SHEV.io

From 2017 to 2020, Armenia's treenuts exports in kind were highly concentrated, with Russia alone accounting for 94.7% of total flows.

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 data reveals irregular changes, indicating a volatile market environment. Exports peaked in 2020 and reached their lowest point in 2017, with a 12.6-fold difference between these years. In 2020, Armenia's treenuts exports amounted to 5 928 thousand US dollars, showing a sharp increase of 840.1% from 2019. The largest decline was recorded in 2019 at 59.7%.

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

Parameter201820192020CAGR
1Change from last year231.4%(59.7%)840.1%132.4%
Source: SHEV.io

From 2017 to 2020, 96.7% of Armenia's treenuts exports in value terms were directed to Russia, making this market overwhelmingly dominant.

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 treenuts to Armenia

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. The highest import volume was observed in 2018, while the lowest occurred in 2019, with a peak-to-trough ratio of 3.3 times. In 2020, Armenia imported 1 998 tons of treenuts, which is 45.2% more compared to 2019. The minimum value was recorded in 2019 at 1 376 tons, and the maximum in 2018 at 4 516 tons. The largest decline was in 2019 at 69.5%, while the largest increase was in 2018 at 123.3%.

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

Parameter201820192020CAGR
1Change from last year123.3%(69.5%)45.2%(0.4%)
Source: SHEV.io

Throughout 2017 to 2020, Iran (31.4% of imports in kind), Georgia (25.0% of imports in kind), and the United States (11.8% of imports in kind) formed the core of Armenia's treenuts imports in kind, together accounting for 68.2% of total flows.

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 treenuts import volume increased for the third consecutive year. In 2020, imports totalled 10 562 thousand US dollars, which is 25.1% higher than the previous year. Between 2017 and 2020, imports increased by 106.8%, equating to an annualized rate of 27.4%.

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

Parameter201820192020CAGR
1Change from last year24.5%32.8%25.1%27.4%
Source: SHEV.io

From 2017 to 2020, the United States (24.5% of imports in value terms), Georgia (20.3% of imports in value terms), and Iran (17.8% of imports in value terms) consistently held leading positions in Armenia's treenuts import structure in value terms, jointly accounting for 62.6% of total flows.

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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