What is the price of coffee extracts per kilogram/pound in Armenia today?
The retail price range for Armenia coffee extracts is between US$ 3.39 and US$ 11.39 per kilogram or between US$ 1.54 and US$ 5.17 per pound(lb). Click here to see today's exact prices of coffee extracts in Armenia
The retail price range in Armenian Dram for coffee extracts is between AMD 1,310.27 and AMD 4,398.76 per kilogram or between AMD 594.23 and AMD 1,994.90 per pound(lb) in Yerevan and Gyumri.
Wholesale prices
In 2024, the approximate wholesale price range for Armenia coffee extracts is between US$ 2.38 and US$ 7.97 per kilogram or between US$ 1.08 and US$ 3.62 per pound(lb).
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Armenia Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from Armenia has seen a steady increase over the last five years. In 2016, the price was 6.00 US $ per kg, followed by a slight decrease to 4.10 US $ per kg in 2017. In 2018, the price rose to 4.34 US $ per kg and further increased to 4.38 US $ per kg in 2019. However, in 2020, the price dropped to 3.19 US $ per kg before rising again to 4.15 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Coffee Extracts from Armenia will be 4.50 US $ per kg in 2023 and 4.75 US $ per kg in 2024.The exports of coffee extracts from Armenia are categorised as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
Armenia Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into Armenia has seen a steady increase over the past five years. In 2016, the price was $6.00, followed by a slight decrease to $4.10 in 2017. However, the price has been on the rise since then, reaching $4.38 in 2019. The most recent data shows that the import price per kilogram of Coffee Extracts into Armenia is $4.15 in 2021. Looking ahead, it is likely that the import price per kilogram of Coffee Extracts into Armenia will continue to increase in the coming years. Based on the current trend, it is predicted that the import price per kilogram of Coffee Extracts into Armenia will be $4.50 in 2023 and $4.75 in 2024.Export values for Armenia coffee extracts
The total values in export for coffee extracts in Armenia were US$ 192, US$ 398, US$ 321 and US$ 336 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Armenia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coffee extracts in other countries across Asia: Kazakhstan coffee extracts, Kyrgyzstan coffee extracts, Tajikistan coffee extracts, Turkmenistan coffee extracts, Uzbekistan coffee extracts, China coffee extracts, Hong Kong coffee extracts, Macao coffee extracts, North Korea coffee extracts & Mongolia coffee extracts.
Armenia coffee extracts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Armenia shipped 81 tonnes of coffee extracts. Through 2019 alone, the demand for Armenia coffee extracts (processed category) has escalated, with a change of 9.459 per cent compared to the year 2018. Between 2017 and 2019, coffee extracts' exports reduced by -16.49 percent earning Armenia US$0.34m for the year 2019. Armenia's coffee extracts exports are categorised as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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Armenia coffee extracts export values
In 2019, Armenia sold coffee extracts with a value of 0.34m USD, an increase of 5.92% from 2018's total coffee extracts export of 0.321m USD. The annual increase in value of Armenia coffee extracts between 2017 to 2018 was -19.347 pc.
The per year variation in the volume of Armenia's coffee extracts exports between 2017 and 2019 was -16.49% when compared to a variation of 9.459% in the growth rate between 2018 and 2019.
Armenia's stake of the world's total coffee extracts' exports in 2019 was less than 1%. The country is ranked number 61 in world exports of coffee extracts.
Export markets for Armenia coffee extracts ( in '000$ )
Armenia's top export markets for coffee extracts are Ukraine, Russia, US, Kazakhstan and Spain.
Import/Export Trends
Armenia is a net exporter of coffee extracts. The annual growth of Armenia coffee extracts in value between 2015 to 2019 was -33%, per year, while annual growth in quantity was -31%, per annum.
Armenia brought in 837 tonnes of coffee extracts in 2019.