Georgian plum exports record high after a rather weak start to the season

Published 2022년 11월 8일

Tridge summary

Georgia's plum exports experienced a slow start but surged in October, reaching record highs with a 60% increase from the previous season and a 90% rise in earnings, totaling 5,800 tons and $4.5 million, respectively. Nearly 70% of these exports were concentrated in October. Russia, the primary importer, accounted for 95% of these exports, with price fluctuations driving demand. Despite these successes, Georgia faced challenges, including the destruction of a plum batch due to phytosanitary violations, which made up only 0.3% of the season's total exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Georgian plums are exported for only two months: September and October. EastFruit previously reported that the current export season has started off slowly. September numbers were indeed lower year on year, but now October data show record high export volumes and earnings. Why such high turbulence? The main importer of Georgian plums is Russia, which is known to be a very volatile market. Data source: Ministry of Finance of Georgia In total, in the 2022 season, Georgia exported 5,800 tons of plums, which is 60% more than in the previous season. Export earnings were $4.5 million, up 90% from 2021. Both total exports and value are at record highs this season. 70% of exports were in October. See also: October figures for Georgian hazelnut exports are not very favorable Export prices on FOB terms averaged $0.77/kg. At the same time, prices in Georgia's wholesale markets range from 0.20 to $0.55/kg, rising seasonally from a low point in late September to a high point during November. ...

Source: Eastfruit