Wednesday, May 5 2021 17:32
Alina Hovhannisyan

In Armenia, aluminum foil production volumes decreased by 2.6% per  annum in Q1

In Armenia, aluminum foil production volumes decreased by 2.6% per  annum in Q1

ArmInfo. Aluminum foil production in Q1 2021 decreased by 2.6% per annum (against 16.8% growth a year earlier), amounting to 8.656 thousand tons. This is evidenced by the  data of the RA Statistical Committee.

According to statistics, in March alone, the volume of production of  aluminum foil increased by 1.8% - up to 2.802 thousand tons.

To note, in 2020, the production of aluminum foil in Armenia  increased by 16.2% - up to 35.482 thousand tons (against 7.7% growth  in 2019).

According to the RA Customs Service, in 2020 Armenia exported about  35.2 thousand tons of foil, providing 7.9% growth (against 15.1%  growth in 2019). At the same time, the customs value decreased by  0.4% - to $ 94.7 million. Foil was mainly exported to the USA  (34.8%), Germany (30.4%), Poland (9.7%), the Netherlands (7.7%),  Italy (4.1%), Spain (3.7%), as well as France, Czech Republic,  Hungary, RF.