Investment Projects, Business Armenia Spring and Mineral Water Production | Page 7

Market Analysis Armenia is considered as fresh water rich country. According to the summary data of statistical reports on mineral water production and use, received from organizations that produce natural mineral water and according official statistics in 2016 extraction of mineral water, comprised 141.4 thousand cubs. m. Fresh water sources are distributed throughout Armenia. In every region there are numerous mineral and no mineral water sources. In the table below is shown fresh water allocation between Armenian regions. Volume of mineral water extraction by regions of RA, 2016 thousand cubs. M Ararat Gegharkunik Lori Kotayk Vayots Dzor Syunik Tavush Total RA Volume of extraction in accordance with the license for subsoil use 127.2 182.2 0.3 261.1 242.3 3 53.2 869.3 6 Actual volume Free flow of extraction 15.6 111.6 55.9 126.3 0.2 0.1 39.2 221.9 28.6 213.7 0.8 2.2 1.1 52.1 141.4 727.9