Sectorial Brochure Agri-Food Sector of Armenia/BA - Page 5

MANUFACTURING Beverage production 2015 2017 x1.4 BRANDY WINE +47.2% +34.2% IN 2017 IN 2017 GROWTH PRODUCTION VOLUME OF BEVERAGES IN 2017 309.2 +34% MILLION USD GROWTH RATE £ Armenian winemaking has a history of more than 6000 years. The market has both large-scale traditional wineries and smaller wine producers £ Constitutes 14.4% of Armenia’s total manufacturing £ Brandy production was worth about $185.9 million in 2017 £ Production of wine was worth about $25.1 million in 2017 £ There are 134 companies, of which 54 in grape processing £ Grape harvest increased by 17.5% in 2017 £ According to experts' surveys, the establishment of a one hectare vineyard in Armenia costs about $6800 (the cost of land is not included) £ Main grape producing regions are Ararat, Armavir, Aragatsotn and Vayots Dzor. Vayots Dzor was included in CNN's list of 15 “World's best wine tours and trails” in 2017 Processed food production £ Constitutes 28.5% of Armenia’s total manufacturing £ Production grew by 2.6% in 2017 £ Production of agro-food products was worth about $614.5 million in 2017 £ There are 1380 companies of which 350 physical and legal entities in dried fruits and spices production, 312 in bakery products manufacturing, 171 in the manufacturing of macaroni and confectionery, 75 in dairy products manufacturing, 68 in meat processing, 47 in fruit and vegetables processing and preserving industry, 11 in fish processing industry £ Armenia has 1240 ha organic agricultural land that has grown by 904 ha in the last 10 years £ The country also has 1222 ha greenhouses, of which 112 are high-tech greenhouses 4