Georgia: Strawberry Market 2020

Strawberry Market Size in Georgia

The revenue of the strawberry market in Georgia amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, strawberry consumption, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Strawberry consumption peaked at $X in 2017, and then declined slightly in the following year.

Strawberry Production in Georgia

In value terms, strawberry production amounted to $X in 2018 estimated in export prices. Over the period under review, strawberry production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when production volume increased by X% year-to-year. Strawberry production peaked in 2018 and is expected to retain its growth in the immediate term.

Average yield of strawberries in Georgia stood at X ton per ha in 2018, surging by X% against the previous year. In general, the strawberry yield continues to indicate a resilient increase. The growth pace was the most rapid in 2014 when yield increased by X% y-o-y. Over the period under review, the average strawberry yield attained its maximum level at X ton per ha in 2016; however, from 2017 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Strawberry harvested area in Georgia stood at X ha in 2018, declining by -X% against the previous year. Overall, the strawberry harvested area continues to indicate a moderate drop. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, the strawberry harvested area reached its peak level of X ha. From 2012 to 2018, the growth of the strawberry harvested area remained at a somewhat lower figure.

Strawberry Exports

Exports from Georgia

In 2018, the amount of strawberries exported from Georgia amounted to X kg, coming down by -X% against the previous year. Over the period under review, strawberry exports, however, continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, strawberry exports attained their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, strawberry exports amounted to $X in 2018. Over the period under review, strawberry exports, however, continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Armenia (X kg) was the main destination for strawberry exports from Georgia, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Armenia amounted to +X%.

In value terms, Armenia ($X) also remains the key foreign market for strawberry exports from Georgia.

From 2007 to 2018, the average annual growth rate of value to Armenia totaled +X%.

Export Prices by Country

The average strawberry export price stood at $X per ton in 2018, dropping by -X% against the previous year. In general, the strawberry export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2007 to 2018, the rate of growth in terms of prices for Armenia amounted to -X% per year.

Strawberry Imports

Imports into Georgia

Strawberry imports into Georgia totaled X tons in 2018, declining by -X% against the previous year. Over the period under review, strawberry imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2014 when imports decreased by -X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, strawberry imports amounted to $X in 2018. In general, strawberry imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2009 when imports decreased by -X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Turkey (X tons) constituted the largest supplier of strawberry to Georgia, accounting for a X% share of total imports. Moreover, strawberry imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume from Turkey stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-X% per year) and Azerbaijan (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of strawberry to Georgia, comprising X% of total strawberry imports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Turkey totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Azerbaijan (X% per year) and Greece (-X% per year).

Import Prices by Country

In 2018, the average strawberry import price amounted to $X per ton, leveling off at the previous year. Overall, the strawberry import price continues to indicate mild growth. The growth pace was the most rapid in 2013 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for strawberries reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Azerbaijan ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced mixed trend patterns.

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Source: IndexBox Platform