Records of prices for greens in Russia, Ukraine, and Georgia - it's Georgia's chance

Published 2021년 2월 24일

Tridge summary

Prices for greens in Georgia have reached record highs in January and February 2021 due to issues on international markets and logistics challenges. The price surge is affecting not only Georgia but also other countries like Russia and Ukraine. The highest increase was seen in the price of dill, which tripled. Retail prices for greens in Georgia increased by 27% in January 2021, compared to the previous year, at a rate faster than other food products and inflation. The high prices are expected to inspire Georgian producers to expand their greens production in the coming season. However, the country's traditional and ineffective cultivation, packaging, and logistics practices may limit its competitiveness in the Russian market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the EastFruit monitoring results, in January and February 2021, the prices for greens in Georgia reached an unusually high level. Georgian producers point out that the issue is not about Georgian suppliers, but about the situation on international markets, as well as difficulties with logistics. “The current season, which began in November 2020, has proven to be one of the most successful for Georgia's greens producers,” notes Katerina Poberezhnaya, consultant to the Food and Agriculture Organization of the United Nations (FAO). According to the results of the weekly monitoring of EastFruit wholesale prices, dill has risen in price most of all - its price increased 3 times in early February from $ 0.68 per kg in 2020 to $ 2.13 in 2021, cilantro has risen by 50% - from $ 1.00 per kg in 2020 to $ 1.52 in 2021. Wholesale parsley became 60% more expensive than the previous year, and parsley prices reached $ 2.13 per kg. Watch the video: How Georgian greens are grown, ...
Source: Eastfruit

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