Armenia's tobacco production surges in 2022.

Nov.22.2022
Armenia's tobacco production increased 6.5% to AMD 13.089 billion in September 2022, driven by demand in the Eurasian Economic Union.

According to a report by the Statistical Committee, Armenpress has revealed that tobacco production in Armenia increased by 6.5% in September 2022, reaching a total of AMD 13.089 billion (approximately RMB 240 million).


From January to September of this year, there was a 3.1% increase compared to the same period last year, reaching 97 billion dirhams (approximately 1.75 billion RMB).


According to data from the Statistics Committee, Armenia's tobacco production has seen a significant increase this year, particularly in the month of September, due to the impact of international market conditions. The demand for tobacco in Eurasian Economic Union countries has driven the development of Armenia's tobacco industry, and this growth trend is expected to continue until the end of the year.


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