Key Market Indicators
Armenian beverage imports are estimated to reach $60 million by 2026, growing 1.4% annually. In 2021, the country ranked 103rd, with Macedonia overtaking it at $55 million. The United Kingdom, Germany and China ranked 2nd, 3rd and 4th respectively. Armenian alcoholic beverage exports are projected to hit $363 million by 2026, increasing by 3.2% year on year. Since 2002, exports have risen 11.4% annually. In 2018, Armenian beverage sales totalled $686 million, up from $599 million in 2017. The country ranked 71st, with Kuwait coming in first at $686 million. Japan, Germany and the United Kingdom were 2nd, 3rd and 4th respectively.