Thursday, January 14 2021 16:03
Alina Hovhannisyan

For 11 months of 2020, Armenia produced more aluminum foil than for  the whole of 2019

For 11 months of 2020, Armenia produced more aluminum foil than for  the whole of 2019

ArmInfo. In Armenia, the production of aluminum foil for 11 months of 2020 exceeded the production volumes for the entire 2019. According to the data of the  Statistical Committee of the Republic of Armenia, in January-November  2020 the "Armenal" plant produced 32.608 tons of aluminum foil, while  for the whole of 2019 30.547 tons were produced.

At the same time, on y-o-y terms (January-November 2020 to  January-November 2019), the production of aluminum foil showed an  increase of 14.3% (against an increase of 6.8% over the same period  of 2019). In November 2020 alone, the production of aluminum foil  increased by 1.6% - up to 3,104 tons.

To recall, according to the data of the RA Customs Service, in the  first half of 2020. 17.3 thousand tons of aluminum foil were exported  from Armenia, which is 3% higher than a year ago (against 0.8% growth  a year earlier). At the same time, in monetary terms, the export of  foil showed a decline of 8.1% per annum - to $ 45.8 million. Foil was  mainly exported to the USA (36.6%), Germany (27.5%), Poland (10.4%)  and the Netherlands (8.7%), Spain (4.4%), Austria (4.4%), Italy  (3.9%), United Kingdom (2.7%), France (1%),