| Product Code: ETC5171437 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for casting equipment experienced a significant decline from 2023 to 2024, with a growth rate of -91.39%. Despite this, the compound annual growth rate (CAGR) for 2020-2024 stood at an impressive 304.12%. This sharp decline in 2024 could be attributed to a temporary demand shift or a market correction following the rapid growth observed in the previous years.

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 Casting Equipment Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Casting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Casting Equipment Market - Industry Life Cycle |
3.4 Armenia Casting Equipment Market - Porter's Five Forces |
3.5 Armenia Casting Equipment Market Revenues & Volume Share, By Casting type, 2021 & 2031F |
3.6 Armenia Casting Equipment Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.7 Armenia Casting Equipment Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.8 Armenia Casting Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Armenia Casting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Casting Equipment Market Trends |
6 Armenia Casting Equipment Market Segmentations |
6.1 Armenia Casting Equipment Market, By Casting type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Casting Equipment Market Revenues & Volume, By Expendable mold casting, 2021-2031F |
6.1.3 Armenia Casting Equipment Market Revenues & Volume, By Non Expendable mold casting, 2021-2031F |
6.2 Armenia Casting Equipment Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Armenia Casting Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Armenia Casting Equipment Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Armenia Casting Equipment Market Revenues & Volume, By Defense, 2021-2031F |
6.2.5 Armenia Casting Equipment Market Revenues & Volume, By Pump & Valve, 2021-2031F |
6.2.6 Armenia Casting Equipment Market Revenues & Volume, By Energy & Power generation, 2021-2031F |
6.2.7 Armenia Casting Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.3 Armenia Casting Equipment Market, By Machine Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Casting Equipment Market Revenues & Volume, By Vertical machine, 2021-2031F |
6.3.3 Armenia Casting Equipment Market Revenues & Volume, By Horizontal machine, 2021-2031F |
6.4 Armenia Casting Equipment Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Armenia Casting Equipment Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Armenia Casting Equipment Market Revenues & Volume, By Offline, 2021-2031F |
7 Armenia Casting Equipment Market Import-Export Trade Statistics |
7.1 Armenia Casting Equipment Market Export to Major Countries |
7.2 Armenia Casting Equipment Market Imports from Major Countries |
8 Armenia Casting Equipment Market Key Performance Indicators |
9 Armenia Casting Equipment Market - Opportunity Assessment |
9.1 Armenia Casting Equipment Market Opportunity Assessment, By Casting type, 2021 & 2031F |
9.2 Armenia Casting Equipment Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.3 Armenia Casting Equipment Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.4 Armenia Casting Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Armenia Casting Equipment Market - Competitive Landscape |
10.1 Armenia Casting Equipment Market Revenue Share, By Companies, 2024 |
10.2 Armenia Casting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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