Georgia's hazelnut export revenues increase to $ 86 million this season

Published 2021년 2월 23일

Tridge summary

Georgia's hazelnut exports have seen a significant increase in the 2020-2021 season, with a 55.4% rise in revenue to $86.1 million and a 52.8% increase in volume to 16.5 thousand tons compared to the previous year. The European Union accounts for 71% of these exports, with major recipients being Germany, Italy, and Spain. Other destination countries include Russia, Belarus, Ukraine, and the United States, among others. Since the end of harvesting in August, exporters have been purchasing stored hazelnuts from producers, anticipating the total export volume of the 2020 harvest to reach between 50-55 thousand tons.

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

Original content

According to the data of the Ministry of Environment Protection and Agriculture of Georgia, as of February 21, the export volume of Georgian hazelnuts in monetary terms amounted to $ 86.1 million, which is 55.4% more than a year ago ($ 55.4 million). Since the beginning of the season, 16.5 thousand tons of hazelnuts have been exported from Georgia, or 52.8% more than a year earlier (10.8 thousand tons). About 71% of the total export volume falls on the countries of the European Union. In particular, 4 thousand 342 tons were delivered to Germany, 3 thousand 927 tons, Italy - 804 tons, Spain - 489 tons, Lithuania - 486 tons, France - 423 tons, Poland - 385 tons, Bulgaria - 367 tons, Latvia - 128 tons, Greece - 97 tons, Estonia - 88 tons, Slovakia - 86 tons, Luxembourg - 84 tons, Belgium - 44 tons, Austria - 22 tons and Croatia - 10 tons. Export markets also include: Armenia - 930 tons, Russia - 799 tons, Belarus - 543 tons, Turkey - 530 tons, Ukraine - 354 tons, Saudi Arabia - 223 ...

Source: Eastfruit