Georgia: Meat Market Overview 2020

Meat Market Size in Georgia

The revenue of the meat market in Georgia amounted to $X in 2018, going down by -X% against the previous year. Over the period under review, meat consumption continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the meat market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Meat Production in Georgia

In value terms, meat production totaled $X in 2018 estimated in export prices. In general, meat production continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Meat production peaked at $X in 2017, and then declined slightly in the following year.

Average yield of meat in Georgia stood at X kg per head in 2018, leveling off at the previous year. In general, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat production in Georgia stood at X head, leveling off at the previous year. Over the period under review, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Georgia

In 2018, the meat exports from Georgia stood at X tonnes, going up by X% against the previous year. Over the period under review, meat exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, meat exports totaled $X in 2018. Overall, meat exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the near future.

Meat Imports

Imports into Georgia

In 2018, the amount of meat imported into Georgia amounted to X tonnes, surging by X% against the previous year. In general, the total imports indicated a perceptible increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, meat imports amounted to $X in 2018. In general, meat imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, meat imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Source: IndexBox AI Platform