Armenia"s silver market has experienced significant activity in recent years, with notable fluctuations in trade volumes and prices. In 2024, Armenia"s silver imports and exports have shown both growth and complexity, particularly in the unwrought and powder forms. Silver unwrought exports reached an impressive 336,732. 221 kg, valued at $299,233,740. 37, demonstrating Armenia"s strong export capabilities. However, the most substantial import of silver unwrought was 450,827. 3 kg, with a value of $389,646,343. 05, indicating a high demand for silver in various industrial applications.

In comparison, 2023 saw smaller import volumes, with the highest being 51,904. 248 kg valued at $36,931,455. 32. The significant increase in 2024 suggests a robust growth in industrial or investment demand. Silver powder, though less in quantity, has been imported in substantial monetary value as well, with 1,020. 74 kg imported at $696,130. 5. This highlights a niche demand likely driven by specialized manufacturing processes requiring high-purity silver.

In terms of waste and scrap, exports in 2024 were considerable, with 2,076. 75 kg exported for $153,174,068. 04, reflecting efficient recycling and waste management practices that add value to the Armenian silver market. For businesses seeking to engage in the Armenian metals market, these trends indicate a market ripe with opportunities for both import and export, particularly with silver"s high value. Aritral, an AI-driven B2B platform, can facilitate these international trade opportunities by offering services like Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management. Leveraging such platforms can provide a competitive edge in navigating Armenia"s dynamic silver market. "