HomeNewsGeorgia has reached only 5% of its total export potential of apples this season so far
ExclusiveNewsTrending

Georgia has reached only 5% of its total export potential of apples this season so far

EastFruit analysts check on the Georgian apple market once again. It is 3 months since the season started and its harvest is estimated to be a record-breaking one. With 130 000 tonnes of apples produced, exports are now needed more than ever – the previous top harvest was about 90 000 tonnes, so the increase in supply is quite large. Sadly, external trade with Georgian apples is way lower than the local producers desired.

Monthly export volumes of Georgian apples in the last three years, September-November
Data source: Ministry of Finance of Georgia

The good news is that the exports are growing monthly in the first three months of the 2022 season. Low exports in September 2022 are no surprise, given some delays in harvest and overall September being an early period. October’s export was of course bigger than September’s, and the tendency continued in the next month, too. Georgia exported 1 400 tonnes of apples in November 2022 – 65% more than in October. Almost all the exported apples were delivered to the Russian Federation.

Exports rising month-over-month is definitely positive news, but the overall picture remains practically unchanged – Georgia needs way more exports.

The export volume this season is so far 12% lower than in the previous season, and 55% lower than the record-breaking 2020 season. Export revenues are smaller, too. For now, total income from apple exports is lower by 10% and 30% compared to the same period of 2021 and 2020 respectively.

Notably, only 2% of the harvest has been exported in the first 3 months of the 2022 season. The exports amounted to 4% and 6% in the same period of 2021 and 2020. The total export volume is 2 500 tonnes. The total export potential of the harvest of 2022 was estimated at around 40 000-50 000 tonnes.

Wholesale prices on Georgian markets remain stable as many producers are storing their apples not to flood the market right now.

EastFruit

The use of the site materials is free if there is a direct and open for search engines hyperlink to a specific publication of the East-Fruit.com website.

Related posts

10 fun facts about importance of dried apricots for Tajikistan

EastFruit

Uzbekistan’s Apricot Triumph: Securing a Top Spot in Global Exports

EastFruit

The 2024 Interpoma Opening Ceremony Gives an Update of the 2024/2025 Harvest Forecast

EastFruit

Leave a Comment