Georgian persimmon exports hit 8-year high

Published 2021년 11월 18일

Tridge summary

In October 2021, Georgia saw a record monthly persimmon export, selling 5,800 tons for US $3 million, which is double the average of October 2014-2020. The majority of the exports were sent to Russia, Ukraine, and Armenia, making up 97% of the total. The price variation in these markets is due to the sale of persimmons of different sizes and qualities. Despite the weak domestic demand, Georgian producers are pleased with the high external demand and improved prices compared to 2020, and anticipate even higher exports in November.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In October 2021, the monthly export of Georgian persimmons reached record volumes over the past 8 years. According to the Georgian Ministry of Finance, the country exported 5,800 tons of persimmons worth US $ 3 million. In value and quantity terms, this is 2 times more than the average for October 2014-2020. The main export destinations of Georgian persimmons are Russia, Ukraine and Armenia - they account for 97% of exported persimmons in October 2021. At the same time, there is a significant difference in prices in export markets. Thus, on the Russian market, persimmons are sold 41% more than the average export price of Georgian persimmons, which is 510 US dollars per ton. This is explained by the fact that this time a significant amount of persimmon of different caliber and quality was sold. Almost all types of persimmons are in great demand in the export markets. After all, different types of persimmons fall under the same code (position) in trade data. Thus, a large difference ...
Source: Eastfruit

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