| Product Code: ETC6171803 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for used construction equipment experienced significant growth from 2023 to 2024, with a remarkable 658.36% increase. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at 64.08%. This surge in imports can be attributed to a heightened demand for modernizing infrastructure and construction projects, signaling a positive market momentum for the sector.

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 Used Construction Equipment Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Used Construction Equipment Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Used Construction Equipment Market - Industry Life Cycle |
3.4 Armenia Used Construction Equipment Market - Porter's Five Forces |
3.5 Armenia Used Construction Equipment Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Used Construction Equipment Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Used Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased infrastructure development projects in Armenia |
4.2.2 Growth in the construction industry leading to higher demand for used equipment |
4.2.3 Government initiatives supporting the construction sector |
4.3 Market Restraints |
4.3.1 Economic instability affecting investment in construction equipment |
4.3.2 Limited availability of high-quality used construction equipment |
4.3.3 Competition from new equipment sales |
5 Armenia Used Construction Equipment Market Trends |
6 Armenia Used Construction Equipment Market, By Types |
6.1 Armenia Used Construction Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Used Construction Equipment Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Armenia Used Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2022-2032F |
6.1.4 Armenia Used Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2022-2032F |
6.1.5 Armenia Used Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2022-2032F |
6.2 Armenia Used Construction Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Used Construction Equipment Market Revenues & Volume, By Construction, 2022-2032F |
6.2.3 Armenia Used Construction Equipment Market Revenues & Volume, By Manufacturing, 2022-2032F |
6.2.4 Armenia Used Construction Equipment Market Revenues & Volume, By Mining, 2022-2032F |
6.2.5 Armenia Used Construction Equipment Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Used Construction Equipment Market Import-Export Trade Statistics |
7.1 Armenia Used Construction Equipment Market Export to Major Countries |
7.2 Armenia Used Construction Equipment Market Imports from Major Countries |
8 Armenia Used Construction Equipment Market Key Performance Indicators |
8.1 Average age of used construction equipment in the market |
8.2 Utilization rate of used construction equipment |
8.3 Maintenance and repair costs for used equipment |
8.4 Resale value trends of used construction equipment |
9 Armenia Used Construction Equipment Market - Opportunity Assessment |
9.1 Armenia Used Construction Equipment Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Used Construction Equipment Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Used Construction Equipment Market - Competitive Landscape |
10.1 Armenia Used Construction Equipment Market Revenue Share, By Companies, 2025 |
10.2 Armenia Used Construction 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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