| Product Code: ETC5144704 | 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 the construction stone market experienced a decline from 2023 to 2024, with a growth rate of -16.33% during this period. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -8.7%. This negative momentum in imports could be attributed to shifts in construction activity levels or changes in trade policies impacting the market`s stability.

By 2027, the Construction Stone market in Armenia is anticipated to reach a growth rate of 12.83%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Construction Stone Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Construction Stone Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Construction Stone Market - Industry Life Cycle |
3.4 Armenia Construction Stone Market - Porter's Five Forces |
3.5 Armenia Construction Stone Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Construction Stone Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Construction Stone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in infrastructure development projects in Armenia |
4.2.2 Increasing demand for sustainable and eco-friendly construction materials |
4.2.3 Rising investments in the construction sector in Armenia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Competition from alternative construction materials |
5 Armenia Construction Stone Market Trends |
6 Armenia Construction Stone Market Segmentations |
6.1 Armenia Construction Stone Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Construction Stone Market Revenues & Volume, By Construction Aggregates, 2021-2031F |
6.1.3 Armenia Construction Stone Market Revenues & Volume, By Natural Stones, 2021-2031F |
6.2 Armenia Construction Stone Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Construction Stone Market Revenues & Volume, By Public Infrastructure, 2021-2031F |
6.2.3 Armenia Construction Stone Market Revenues & Volume, By Commercial Infrastructure, 2021-2031F |
6.2.4 Armenia Construction Stone Market Revenues & Volume, By Residential Infrastructure, 2021-2031F |
7 Armenia Construction Stone Market Import-Export Trade Statistics |
7.1 Armenia Construction Stone Market Export to Major Countries |
7.2 Armenia Construction Stone Market Imports from Major Countries |
8 Armenia Construction Stone Market Key Performance Indicators |
8.1 Environmental impact assessment scores of construction stone suppliers |
8.2 Percentage of construction projects using locally sourced stone materials |
8.3 Number of new construction permits issued in Armenia |
9 Armenia Construction Stone Market - Opportunity Assessment |
9.1 Armenia Construction Stone Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Construction Stone Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Construction Stone Market - Competitive Landscape |
10.1 Armenia Construction Stone Market Revenue Share, By Companies, 2024 |
10.2 Armenia Construction Stone 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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