Armenian Brandy Production Dropped In 2009

ARMENIAN BRANDY PRODUCTION DROPPED IN 2009

Tert.am
15:00 ~U 02.02.10

Last year, 9.97 million litres of brandy was produced in the country –
38.4% less than in 2008, according to Armenia’s National Statistical
Service.

Instead, wine production increased during the same period by 30.8%,
constituting a total of 4.4 million litres per year. In 2009,
local vodka and vodka-liqueur production rose by 7.7% to about 13.15
million litres. Also, beer production saw a 2.8% increase – to 10.8
million litres.

Experts say the reduction in Armenian brandy production last year
is due to a significant drop in demand in the Armenian brandy’s
main markets – Russia and Ukraine – and was caused by the global
financial crisis.

In 2009, Armenian mineral water sector also saw a reduction due to
lack of demand in foreign markets. Last year, mineral water production
dropped 29.1% to 25.4 million litres.

Disclaimer: This article was contributed and translated into English by Dabaghian Diana. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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