Cheap apples and potatoes, but expensive tangerines, carrots and nuts - analysis of changes in wholesale prices for the year in Georgia

Fresh Apple

Published Nov 11, 2020

Tridge summary

EastFruit analysts continue to analyze changes in wholesale prices in different countries of the region for the year. Indeed, at this time, most of the vegetables and fruits have already been harvested or their harvesting is completed, which means it is time to summarize the interim results. In Georgia, prices for tangerine increased the most over the year - by 67% at once. This week the average price of fresh tangerines in the wholesale market in Tbilisi was 2 GEL per kg, while last year at the same time it was 1.20 GEL per kg.

Original content

The rise in the price of this popular citrus fruit in Georgia is associated with a modest harvest this year, which is explained by spring frosts and the frequency factor of fruiting in the tangerine gardens of Georgia. As farmers explain, tangerine orchards are prone to this phenomenon and, as a rule, the garden gives a good harvest every two years. According to the information of the Ministry of Agriculture of the AR of Adjara, the forecasted volume of the tangerine harvest is about 40 thousand tons, which is significantly lower than last year's figures. Prices for carrots rose significantly less sharply - by 11% compared to the previous year. The price of carrots on the Georgian market is influenced primarily by the price of imported carrots from Turkey. Taking into account the 15% devaluation of the lari against the dollar over the year, we can say that the prices for carrots have not changed significantly, and their correction was due to the devaluation. The situation is ...

Source: Eastfruit