Thursday, May 6 2021 15:04
Alina Hovhannisyan

Armenia`s alcohol industry recovers from coronavirus crisis in a year

Armenia`s alcohol industry recovers from coronavirus crisis in a year

ArmInfo. The alcohol industry in Armenia has managed to recover from the coronavirus crisis. Since March last year, since the outbreak of the pandemic, a decrease has  been registered for all types of alcoholic beverages in the RA.  However, according to the results of the first quarter of 2021, it is  clear that the alcohol industry in Armenia has begun to recover. This  is evidenced by the data of the RA Statistical Committee.

In particular, in the first quarter of 2021, the volume of brandy  production reached 7.5% growth from a 6.3% decline a year earlier,  amounting to 8.4 million liters. The dynamics of wine production also  improved - with an exit from a 17.4% decline by 39.7% growth - to 2.6  million liters, champagne - from a 5.9% decline by 13.5% growth - to  118.4 thousand liters. An improvement in the trend was also observed  in the production of vodka and liqueur - from a 13.9% decline to a  44.3% increase - to 1.1 million liters, and beer - from a 12% decline  to 9.1% growth - to 3.6 million liters.

At the same time, an improvement in the dynamics was observed in the  volume of whiskey produced in Armenia - with an exit from the 38.3%  decline in the first quarter of 2020 by 3.1% growth in the first  quarter of 2021 - to 85.9 thousand liters.