News

Georgia is actively harvesting the first commercial harvest of almonds

Almond Kernel
Georgia
Published Sep 23, 2022

Tridge summary

According to the head of the board of the Georgian Almond and Walnut Producers Association and the head of Nuts Incorporated (800 ha of almonds and 1400 ha of hazelnuts), Mr. Tornike Latatia, in an interview with Business Partner, at the moment there are 4.5-5 thousand hectares of almond plantations, and this year, after five years of hard work, producers began to receive the first commercial harvest. If the expectations are justified and the business gives the first profit, the number of plantings will increase.

Original content

Both European and American varieties of nuts are grown in Georgia, so potential markets are not limited. Although the European market is still unfamiliar with Georgian almonds. Therefore, it is important to enter this market with a high quality product and recommend the country as a reliable supplier, EastFruit reports. According to Latatia, there is a drop in demand in the EU market: “Due to high inflation, increased prices for utilities, Europeans began to save money, and almonds are not an essential product, so the price per kg of almond kernels has fallen to 4 euros. At the same time, there is a 50 million Russian market nearby, to which US almonds were supplied through Turkey and China. This is not a big market, but there is still a shortage, so some farmers may focus on the Russian market. But this is an individual choice of the entrepreneur - where and how to sell his almonds. See also: Weak start of hazelnut export season in Georgia The main difficulty faced by producers ...
Source: Eastfruit
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