Record high prices for watermelons in Georgia

Published Jul 22, 2023

Tridge summary

Watermelon prices in Georgia have doubled compared to last year, due to low supply and high demand. The volume of watermelon deliveries is expected to be low this year, as many farmers have switched to growing wheat instead. Import prices have also risen, leading to a decrease in imports by 40% year-on-year.

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

Original content

Weekly prices have been updated on EastFruit. Watermelons in Georgia are now selling for twice as much compared to the same week last year. There is an effect of low supply and good demand. A kilogram of watermelon in the wholesale markets of Georgia costs GEL0.70 lari ($0.27). At the same time, last year the price was GEL0.30/kg ($0.11/kg). As a rule, at least 80% of Georgian watermelons are produced in Kakheti. According to EastFruit, the volume of deliveries this year will be low. Many farmers in Kakheti have switched from watermelons to wheat. The reason for this move lies in prices - last year, wheat prices were good, so the crop has attracted significant attention from Georgian farmers. Watermelon imports also played a huge role. Earlier, EastFruit wrote about the high demand for watermelon imports in Georgia. Import prices were noted to have risen significantly. Import volumes were strong in May, but high prices and trade disruptions, such as Iran's export ban, took their ...

Source: Eastfruit