Armenia Freight and Logistics Market 2021 Business Insights - CEVA Logistics, Hellmann Worldwide Logistics, DHL, Unitrans LLC, Mira Trans LLC, NT Logistics

The Armenia Freight and Logistics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Armenia freight and logistics market is expected to witness a CAGR of ~4% during the forecasted period of 2020-2025.

Get Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/10192355386/armenia-freight-and-logistics-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=11                                                         

Top Leading Companies of Armenia Freight and Logistics Market are CEVA Logistics, Hellmann Worldwide Logistics, DHL, Unitrans LLC, Mira Trans LLC, NT Logistics, PRIME LOGISTIC SERVICES LLC, ULS, Spinnaker Logistics, GMG Logistics, Lusar Trans LTD and others.

Key Market Trends:

Increasing Armenian Trade
Trade and services account for 54.1% of GDP by economic activity in Armenia. The trend of increasing trade in Armenia has continued for the past 5 years and this has helped the logistics business to increase its growth in the country. Countries in the EU like Russia, Germany, and Belarus are the major trade partners for Armenia, while China is also increasing its trade with the country. China has been Armenia’s second-largest trading partner for the last several years. Chinese-Armenian trade soared by nearly 50%, to USD 342 million, in the first half of 2019.
European Union - Armenia trade turnover recorded a considerable growth last year, comprising to USD 1.830 billion, with export growth of about 8%. The GSP+ privileged trading regime and the electronic product certification system has also contributed greatly to the intensification of trade-economic relations and the facilitation of the export process. Armenia’s turnover with the EU states increased by 19% in 2018 comprising USD 1.830 billion compared to USD 1.537 billion in 2017.

Freight Trend in Armenia
The volume of cargo transportation in Armenia in January-November 2019 compared to the same period in 2018 decreased by 50.7% - up to 13,272.8 thousand tons. Of these, 8 707.5 thousand tons (65.6% of the total) accounted for road transport, which decreased by 61.5% y-o-y.
The volume of rail freight for the period January to November increased by 9.9% - up to 2 929.9 thousand tons, air transportation - by 12.7% - up to 18.7 thousand tons. The road freight segment in Armenia is the largest with a share of more than 80%. Cargo turnover increased by 7.2% up to 4.244.2 million tons-km.

Regional Outlook of Armenia Freight and Logistics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Influence of the Armenia Freight and Logistics market report:

-Comprehensive assessment of all opportunities and risk in the Armenia Freight and Logistics market.

- Armenia Freight and Logistics market recent innovations and major events.

-Detailed study of business strategies for growth of the Armenia Freight and Logistics market-leading players.

-Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.

-In-depth understanding of Armenia Freight and Logistics market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Armenia Freight and Logistics market.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/10192355386/armenia-freight-and-logistics-market-growth-trends-and-forecasts-2020-2025?Mode=11                                                                  

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Armenia Freight and Logistics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.