Thursday, November 7 2019 16:28
Alina Hovhannisyan

Output of aluminum foil had positive tendency in Armenia in  January-September 2019

Output of aluminum foil had positive tendency in Armenia in  January-September 2019

ArmInfo. In Armenia, the output of aluminum in January- September 2019 compared to the same period in 2018 increased by 3.3% - up to 23,237 tons, against the  7.4% decline a year earlier.

According to the RA Statistical Committee, in September alone, the  output of aluminum foil increased by 4.1% to 2,602 tons.

To note, in 2018, the output of aluminum foil decreased by 14.5% per  annum (against a 14.4% growth in 2017), amounting to 28 359 tons.

According to the Customs Service of the Republic of Armenia, 16.8  thousand tons of aluminum foil were exported from Armenia in the  first half of 2019 with a y-o-y growth of 0.8% (compared to last  year's 4.4% growth). At the same time, in monetary terms, foil export  experienced a decline of 9.1% per annum to $ 49.8 million. Mostly  foil was exported to the USA (33.1%) and Germany (25.5%), as well as  to the Netherlands (11.4%), Poland (9.5%), France (7%), Italy (5.8%),  Austria (3.4%), Denmark (1.5%), Great Britain (1.2%), Czech Republic  (0.7%), Spain (0.4%), and even less to Hungary, Georgia, Russia and  Bulgaria.

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