Imports of avocados to Georgia are growing rapidly; is there an opportunity for import substitution for local producers?

Published May 17, 2022

Tridge summary

In the first quarter of 2022, Georgia experienced a significant surge in avocado imports, with a 130% increase compared to the same period in 2021, totaling 368 tons. The Netherlands and Turkey emerged as the primary suppliers, with Turkey's contribution rising by over five times, accounting for more than half of the imports. This surge in avocado popularity is largely attributed to an increase in tourist visits to Georgia, reaching 1.58 million in the first quarter, a 4.3-fold increase from the previous year. The tourism demographics included a mix of ages and nationalities, with Turkey seeing the highest growth among countries. Despite the loss of 90% of avocado seedlings due to a harsh winter, Geonuts Company, the owner of the first avocado farm in Georgia, remains optimistic and plans to recover and experiment with more frost-resistant varieties.

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

Original content

Imports of avocados to Georgia in tons for the first quarter of 2022 increased by 130% compared to the same period in 2021. The main suppliers of valuable fruit are the Netherlands and Turkey. And if the leadership in supplies was held by the Netherlands, then in the first quarter of 2022, more than 50% of avocados in quantitative terms were supplied by Turkey, which increased the export of avocados to Georgia by more than 5 times. In April, Georgia imported 71 tons of avocados, which is also 130% more than in April 2021. EastFruit analysts attribute the rapid growth in the popularity of avocados to an increase in visiting the country by foreigners who know and love this fruit. According to Geostat, in the first quarter of 2022, 1,576.5 thousand visits by non-residents were recorded in Georgia, which is 4.3 times more than in the previous year in the same period. More than 50% of the arrivals are people aged 31–50, 33.6% are women. Most often, the Georgian border was crossed by ...

Source: Eastfruit