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Cognac Production In Armenia Down 5% In Q1

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  • Cognac Production In Armenia Down 5% In Q1

    COGNAC PRODUCTION IN ARMENIA DOWN 5% IN Q1

    Interfax, Russia
    May 5 2014

    YEREVAN. May 5

    Armenia produced 3,481 liters of cognac in the first quarter of 2014,
    down 5% year-on-year, the country's National Statistics Service
    reported.

    Russia and other CIS countries are the main markets for Armenia cognac.

    Armenian wine production fell 7.3% to 1,092 liters, while vodka and
    other hard liquor production was down 2.5% at 1,951 liters.

    Output of champagne wines advanced 20.1% to 71,100 liters, and beer -
    110% to 3,377 liters.

    Cognac production increased 9.6% year-on-year in 2013 to 20.285
    million liters. Wine production fell 12.3% to 6.422 million liters,
    champagne wines - 12% to 536,400 liters, and beer - 45.2% to 19.848
    million liters.

    Vodka and other hard liquor production fell 1.6% to 9.938 million
    liters.


    From: Baghdasarian
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