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Country Briefs

  Armenia

Reference Date: 11-April-2016

FOOD SECURITY SNAPSHOT

  1. Wheat production in 2016 forecast unchanged from last year’s record

  2. Cereal imports expected to decline slightly in 2015/16 marketing year (July/June)

  3. Prices of wheat flour and bread decreased in February

Wheat production in 2016 is forecast unchanged from last year’s record

Winter cereals for harvest in 2016 are currently developing under favourable conditions. The area planted is reportedly virtually unchanged from the previous year’s good level at about 726 000 hectares. Recent remote sensing data shows that rainfall has been close to the levels of last year (above average) during January to mid‑March, which is expected to benefit crop development. Assuming favourable weather conditions until the end of the cropping season, this year’s wheat production is forecast at 370 000 tonnes, virtually unchanged from the record of last year.

Cereal imports expected to decline slightly in 2015/16 following record crop

Cereal imports in 2015/16 marketing year (July/June) are forecast to decline slightly to 337 000 tonnes, of which 90 percent are expected to be wheat. Wheat imports have been declining over the past years as a result of growing domestic production. However, the country still is heavily dependent on cereal imports to meet its consumption needs, mainly from the Russian Federation.

Prices of wheat flour and bread decreased in February

Prices of wheat flour and bread declined in February, mainly reflecting trends of export quotations in the Russian Federation, the country’s main supplier, and were 9 percent below their levels a year ago. Prices of bread were around 5 percent down compared to their values in February 2015. Prices of potatoes, another key staple, rose slightly in February but remained 14 percent below their year‑earlier levels, reflecting ample supplies after high the production in 2015.