Wheat bran, sharps and residues market in Armenia

Earlier Report Observations

The market for wheat bran, sharps and residues in Armenia expanded from 61 148 tons in 2018 to a peak of 71 526 tons in 2020. Production followed a similar trajectory, rising sharply in 2020 as the COVID-19 pandemic disrupted global supply chains, prompting increased domestic output while imports fell.

After 2020, production declined due to grain market volatility, including panic and price spikes following Russia's temporary ban on grain exports to EAEU countries, which constrained raw material availability. The market volume stabilized in 2022 before recovering in 2023, aided by continued government subsidies for winter wheat sowing that boosted domestic grain supply for bran production.

Armenia's dependence on imported wheat and derived products influenced trade throughout the period, with bran imports peaking in 2019 and rising again from 2022. The 2022 memorandum to develop the agro-industrial complex signaled broader sector investment, while increased Russian exports of wheat bran affected import flows in subsequent years.

Production wheat bran, sharps and residues in Armenia

In kind, 2017-2020, t

Top producers of wheat bran, sharps and residues, 2017-2020

World map of production of wheat bran, sharps and residues, 2017-2020

Armenia's production of wheat bran, sharps, and residues increased after two consecutive years of decline. In 2019, production reached its lowest point at 50 528 tons. However, by 2020, output rebounded sharply to 64 438 tons, marking a 27.5% increase compared to the previous year. Over the 2017-2020 period, production grew by 6.8%, with an average annual growth rate of 2.2%. The most significant decline occurred in 2018, when production fell by 15.9%.

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

Exports wheat bran, sharps and residues from Armenia

According to market research findings, Armenia did not export any wheat bran, sharps, or residues between 2017 and 2020.

Imports wheat bran, sharps and residues to Armenia

Imports in kind, t

The import market for wheat bran, sharps, and residues showed considerable volatility during this period. In 2017, imports hit their lowest point, while they peaked in 2019 at 17 786 tons, representing a 4.9-fold difference between these years. By 2020, imports dropped to 7 089 tons, a 60.1% decrease compared to 2019. The largest year-over-year increase occurred in 2018, when imports surged by 187.1%.

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

From 2017 to 2020, Russia and Georgia dominated Armenia's imports of wheat bran, sharps, and residues in volume terms, together accounting for 95.8% of total imports.

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

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

Imports in value, K $ US

The import market in value terms also exhibited volatility during the observed years. The lowest value was recorded in 2017, while the highest occurred in 2019 at 1 563 thousand US dollars, showing a peak-to-trough ratio of 5.1 times. In 2020, Armenia imported wheat bran, sharps, and residues worth 682 thousand US dollars, representing a sharp 56.4% decline from the previous year. The most substantial increase took place in 2018, with imports rising by 185.2%.

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

Between 2017 and 2020, the geographical distribution of imports in value terms was largely shaped by Russia and Georgia, which together made up 95.2% of total import flows.

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

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