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  • Apricot exports became unprofitable for many Armenia businessmen in

    Expert: Apricot exports became unprofitable for many Armenia businessmen in 2013

    August 17, 2013 | 16:56

    YEREVAN. - High wholesale price of Armenian apricots has created big
    problems for its sales in Russia, project manager of Spayka company
    said.

    Karen Baghdasaryan, manager of project department at company exporting
    fresh fruits and vegetables from Armenia, said difficulties were
    created following the hailstorm in Ararat valley.

    `In fact, Armenia has already exported more than 20 tons of apricots
    this year, almost twice as much as in the past. We also know that
    there would be no deficit, but the panic caused by a hailstorm
    increased the starting price considerably,' Baghdasaryan told Armenian
    News-NEWS.am.

    Therefore, the company has purchased relatively small batch of
    apricot: about 2.5 thousand tons. However, the company representative
    said their caution was justified. Many Armenian businessmen purchased
    apricots at a high price, and failed to sell fruits in Moscow, as it
    was too expensive for the Russian market.

    After this year's failure, next summer the interest of Armenian
    exporters to apricot, and therefore its price, may fall.


    News from Armenia - NEWS.am

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