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Ameria Expects Food, Beverages And Tobacco In Armenia To Grow In Pri

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  • Ameria Expects Food, Beverages And Tobacco In Armenia To Grow In Pri

    AMERIA EXPECTS FOOD, BEVERAGES AND TOBACCO IN ARMENIA TO GROW IN PRICE BY 19%, 46% AND 27% RESPECTIVELY IN 2013-2015

    ARMINFO
    Friday, March 29, 11:38

    Ameria CJSC expects food, beverages and tobacco in Armenia to grow
    in price by 19%, 46% and 27% respectively in 2013-2015. This forecast
    is based on the survey of the Armenian food industry conducted in 2012.

    According to the results of the survey, 49% of foodstuff, including
    drinks and tobacco, falls on Yerevan. 13% of the foodstuff falls on
    Ararat region, 13% - on Kotayk region, 8% - on Shirak region, 4% -
    on Lori region, 3% - on Aragatsotn region, 3% - on Armavir region,
    2% - on Gegharkunik region, 2% - on Syunik region, 2% - on Vayots
    Dzor region, and 1% - on Tavush region.

    In 2012 the share of food industry in the processing industry of
    Armenia was 36%, the share of beverages was 14%, and the share of
    tobacco was 4%.

    In the structure of foreign trade, the share of Armenian export to
    Georgia is the most diverse though it is not big (7.5%). Georgia is
    the main buyer of certain items of Armenian goods. For instance, meat
    and meat products, as well as the waste products of food industry
    and ready-made feeds for cattle are exported to Georgia only. 99%
    of sugar and sweet exports also fall on Georgia. Only 1% of exports
    of this group of goods falls on the USA. 79% of wheat, flour, starch
    and dairy exports fall on Georgia.

    The National Statistical Service of Armenia says that in 2012 Armenia's
    foreign trade turnover grew by 3.9% as compared with 2011 and totaled
    $5.695 bln (2.3 trln AMD). Exports totaled $1.428 bln (574.3 bln AMD,
    7% growth versus 2011). Imports totaled $4.267 bln (1.7 trln AMD, 2.9%
    growth versus 2011). The food production output totaled 250 bln AMD,
    having declined by 0.3% versus 2011. The output of beverages grew by
    14.3% to 100.8 bln AMD, and tobacco - by 57.1% to 25.4 bln AMD.

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