Surge in prices for tomatoes in the Georgian market - as a year earlier

Wholesale prices for tomatoes in Georgia jumped in a week. According to EastFruit price monitoring data, on July 21, 2023, tomatoes were sold at GEL2.20/kg ($0.85/kg). A week earlier, the average price was fixed at GEL1.20/kg ($0.47/kg). A similar price movement was observed in 2022, but this time prices jumped even higher. In the same week last year, the average wholesale price for tomatoes was GEL2.00/kg ($0.71/kg). Thus, on an annualized basis, the price in Georgian lari increased by 10%, and in US dollars - by almost 20%, which is associated with the strengthening of the Georgian currency. The jump in prices for tomatoes at the end of July is not new for Georgia. This is a transition period when supplies from local high tunnels are switched to open field tomatoes. If tomato stocks from the high tunnels are declining and the outdoor product is not yet on the market, tomato prices are rising. See also: Georgian producers using high tunnels switch from tomatoes and cucumbers to ...