Aluminum foil exports from Armenia decreased by 20% in 2024

ArmInfo.In 2024, Armenia reduced its aluminum foil exports by 20% (compared to a 22.5% decline in 2023), resulting in a supply volume of 20.3 thousand tons.   According to data from the Customs Service of the Republic of  Armenia, the customs value of exported aluminum foil also decreased  by 21.4% to $68.6 million.

The main volume of exports went to Germany (26.7%) and Poland  (22.1%), followed by the Netherlands (14.3%), Italy (13.2%), Spain  (7.1%), France (6.5%), Russia (4.3%), Slovenia (2.1%), the Czech  Republic (2%), the United Kingdom (0.7%), and Greece (0.6%). Smaller  volumes were exported to Albania, Belgium, Georgia, Hungary,  Kazakhstan and Belarus. The volume of imported foil increased  slightly - by 0.01% (compared to a decline of 3.5% in 2023), totaling  1.9 thousand tons, with a decrease in customs value by 0.1% - to $  8.9 million. Foil  imports were primarily from Greece (63%), the  Russian Federation (17.6%), and China (10.3%). The remaining imports  were from Ukraine, Poland, Lebanon, Kazakhstan, Iran, Italy, the UAE,  Germany, Turkey, and Spain. According to the Statistical Committee of  the Republic of Armenia, in 2024, aluminum foil production in Armenia  decreased by 23.3%, amounting to 19.7 thousand tons. Note that the  Armenal plant was the sole foil exporter in Armenia.