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

Published 2022년 12월 13일

Tridge summary

Georgia's apple market is experiencing a record harvest of 130,000 tons, but exports are falling short of expectations with a 12% decrease from the previous season and 55% lower than the record-breaking 2020 season. Despite this, exports have seen a monthly increase in the first three months of the 2022 season, with November exports being 65% higher than October. The majority of the exports were to Russia. However, only 2% of the crop was exported in the first three months of the 2022 season, with the rest being stored to prevent market flooding. Wholesale prices in Georgian markets remain stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EastFruit analysts once again pay attention to the Georgian apple market. Three months have passed since the beginning of the season, the harvest of which is estimated as a record one. With the production of 130,000 tons of apples, exports are needed now more than ever - the previous maximum harvest was about 90,000 tons, so the increase in supply is quite large. Unfortunately, the foreign trade in Georgian apples is much lower than what local producers would like. Monthly export volumes of Georgian apples over the past three years, September-November Data source: Ministry of Finance of Georgia. The good news is that exports are growing month by month in the first three months of the 2022 season. The low volume of exports in September 2022 is not surprising given some harvest delays and September being an early period overall. Exports in October were, of course, higher than in September, and this upward trend continued into the following month. In November 2022, Georgia exported ...
Source: Eastfruit

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