Georgia buys record high amount of walnuts despite recent changes in production

Raw Walnut

Georgia

Published Feb 9, 2023

Tridge summary

EastFruit analysts note the unprecedentedly large volumes of walnut imports by Georgia over the past 3 months. Research indicates an increase in local demand. Thanks to government support, Georgia has been investing heavily in walnut production since 2015. From 2015 to 2021, the total investment amounted to about $27 million, according to the government's Plant the Future program.

Original content

At the same time, the total annual production (including orchards established before the state program) averaged 5.6 thousand tons per year. Interestingly, the prospects for production look very promising. At the conference organized by the EastFruit project with the support of FAO and EBRD “Nuts of Ukraine 2022: exchange of experience with Georgia”, the Association of Almond and Walnut Producers of Georgia presented its forecasts for the production of walnut orchards. The association, based on statistics provided by the ministry, expects the production of walnut farms participating in the state program to reach an unprecedented level of 40,000 tons per year in 2025. This will be more than 5 times the current maximum total production since 2014. See also: Export of tangerines from Adjara (Georgia) has halved - the results of the season Despite high hopes for the future, current production does not yet seem to cover local demand. From November 2022 to January 2023, Georgia imported ...

Source: Eastfruit