Armenia"s construction materials market, particularly the brick segment, is witnessing notable shifts in trade dynamics. The data from 2024 reveals a significant focus on brick imports, reflecting a growing domestic demand driven by construction projects and infrastructure development. In the first quarter of 2024, Armenia imported a substantial volume of bricks, blocks, and ceramic goods of siliceous fossils. The total import volume amounted to 16,221. 98 kilograms, valued at approximately $150,542. 10. This indicates an average price of around $9. 28 per kilogram.
The largest single shipment was 8,110. 99 kilograms, valued at $75,271. 05, suggesting economies of scale in purchasing larger quantities. On the export side, Armenia"s brick market shows considerably lower volumes. Exports amounted to only 137. 6 kilograms, valued at $3,489. 82, with an average price per kilogram of approximately $25. 36.
This stark contrast between import and export volumes suggests that domestic production is insufficient to meet local demand, necessitating high-volume imports. Price trends indicate that bricks are relatively costlier when exported, hinting at better profit margins in international markets. However, the low export volume suggests that Armenia"s current focus is primarily on fulfilling domestic needs rather than expanding its footprint in the global market. For businesses in Armenia"s construction materials market, these insights underscore the importance of robust supply chain management and the potential for growth in domestic production capacity. Companies can leverage platforms like Aritral. com to access global suppliers and enhance their supply chains. Aritral facilitates product listing, direct communication, and AI-powered marketing, supporting Armenian firms in optimizing their import strategies and exploring export opportunities.
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