Georgia Sharply Increases Feijoa Exports to Russia in 2020

Published 2021년 2월 14일

Tridge summary

In 2020, Georgia's export of fresh feijoa saw a significant increase, with revenues rising by 37% to $350 thousand and volume increasing by 12% to 449 tons, setting a new record. Ukraine was the primary market, receiving about 60% of the exports, while Russia emerged as the second largest market, showing the most significant growth with a purchase of 109 tons, a near ninefold increase. However, exports to Armenia decreased by 45% due to increased competition. Feijoa is particularly popular in the region of Samegrelo due to its high iodine content and the cultivation has been expanding, covering 360-400 hectares in 2020, providing a profitable venture for farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, Georgia continued to actively increase the export of fresh feijoa in 2020. Georgia's revenues from the export of feijoa broke the record, increasing by 37% and reaching $ 350 thousand. In physical terms, the growth was less significant - only 12%, but this also allowed updating the Georgian record for the export of fresh feijoa for the year, which now stands at 449 tons. At the same time, Ukraine remained the main sales market for feijoa from Georgia, where about 60% of products were supplied. The volume of exports to Ukraine increased by 14% over the year. At the same time, the export of feijoa grew most significantly in the direction of Russia, which previously practically did not purchase this exotic fruit in Georgia. In 2020, Russia took the second place among the sales markets of the Georgian feijoa, having purchased 109 tons. Thus, the volume of supplies of feijoa from Georgia to the Russian Federation has grown almost 9 times per year. But ...
Source: Eastfruit

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