Prices for Georgian hazelnuts have increased

Published 2020년 9월 23일

Tridge summary

Georgian hazelnut exports in September have seen a significant increase compared to the previous year, with the European Union being the primary market. The rise in exports is due to a better quality and larger quantity of hazelnuts this year, as well as a decrease in supply from Turkey. However, the quality of Georgian hazelnuts still does not match that of Turkish ones, with a higher incidence of hidden rot. To improve quality and increase quantity, better care of hazelnut gardens, an irrigation system, and proper management are necessary. Georgia is projected to export around 50,000 tons of hazelnuts this season, with expectations to reach 80-100 thousand tons per season within the next five years with improved quality.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The export of Georgian hazelnuts in September is much more active than a year earlier. The main export market is the European Union. EastFruit spoke with the Executive Director of the Georgian Hazelnut Processors and Exporters Association (HEPA) Levan Kardava about the current quality of Georgian hazelnuts, main export demand, prices and prospects. - What, in your opinion, is the reason for the growth of export indicators, and what are the prices now? This year's hazelnut harvest is better than last. The quality of the hazelnuts is comparatively higher (although we are still far from Turkish hazelnuts), the quantity has also increased. This led to an increase in export indicators relative to those that were a year earlier. A certain role was played by the fact that at the beginning of the season Georgian hazelnuts were much cheaper than Turkish ones. Now the prices on the local market have increased in comparison with the beginning of the season, in particular, because the ...
Source: Eastfruit

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