ArmInfo. 16,009.1 thousand tons of aluminum foil were produced in Armenia in H1 2022, which is 5.5% lower than the indicator of a year ago (against a 2.9% decline a year earlier).
At the same time, as evidenced by the data of the RA Statistical Committee, the volume of foil production increased in June alone by 8% - up to 2.590.7 thousand tons, improving the May's 12% decline, and accelerating rising rates from 0.6% growth in June 2021
It should be noted that 33,481 thousand tons of aluminum foil were produced in Armenia in 2021. Thus, for the fourth time, the Armenal plant exceeds the 30 thousandth milestone in terms of production of aluminum foil (in 2017 - 33.724 thousand tons, in 2019 - 30.547 thousand tons, in 2020 - 35.482 thousand tons - ed. note).
According to the RA Customs Service, in 2021 Armenia exported 33.9 thousand tons of aluminum foil, which is 3.5% lower than a year ago. However due to the growth of stock prices for aluminum, the customs value in y-o-y terms increased by 25% - up to $118.3 million. The lion's share of exported foil fell on the German market (32.3%), and the remaining volume was distributed among Poland (12.5 %), Netherlands (10.9%), USA (10.5%), Italy (10.5%), France (6.1%), Spain (5.3%), United Kingdom (2.8% ), and very small shares fell on Austria, Hungary, the Czech Republic, and the Russian Federation. At the same time, according to customs data, in the reporting year, it was possible to diversify the export markets of aluminum foil, also covering Canada (with a share of 2.9%), Israel (1.6%), Slovenia (1.1%), Denmark (0.6 %), Portugal (0.3%), Ireland (0.2%), Mexico (0.1%), and also India, Sweden, Romania.
