Indexes
October 2020 | Agri Review
07
October
2020
The National Statistics Office of Georgia (GeoStat) recently published its economic review for Quarter II 2020. The publication highlights that agricultural production increased by 4.7% in the second quarter of the year compared to the same period in 2019. Furthermore, agriculture contributed to 10.2% of the country’s total GDP during the same period. In the second quarter of 2020, Foreign Direct Investments (FDI) in agriculture also increased and were almost six times higher than the corresponding indicator in 2019. Notwithstanding, FDI in agriculture was relatively low compared to the other sectors of the Georgian economy and accounted for 3% of the total FDI.
On 26 August “Rtveli 2020” began. This year, the Government of Georgia (GoG) is subsidizing the 2020 grape harvest to help farmers and wine producers sell their produce. From a total of 0.8 GEL per kg of Rkatsiteli or Kakhuri Mtsvane grapes, 0.3 GEL is being subsidized. Under extreme circumstances, the state will also be involved in the purchase of grapes.
By 1 October, 165 wine producers and around 21 thousand grape growers participated in “Rtveli 2020”; furthermore, around 227.2 ths. tons of grapes were sold with a corresponding income for farmers of 235.8 mln. GEL. However, since Rtveli is not yet over, the final statistics on grape sales and their total income is still not available.
Recent Publications
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June 2024 | Agri Review
28
June
2024
In June 2024, the National Statistics Office of Georgia issued its annual publication on the agricultural sector – Agriculture of Georgia 2023. The publication estimates that agriculture, forestry, and fishing comprised 6.9% of the GDP in 2023, which is slightly lower than in previous years, but in line with general trends over the last few years (agricultural GDP being 7-8% of GDP on average).
March 2024 | Agri Review
01
April
2024
In June 2023, responding to appeals from the Georgian Flour Producers Association, the Georgian government imposed a temporary import duty on wheat flour imported from Russia. This advocacy by the Association began after Russia implemented a “floating tariff” on wheat in 2021, making wheat imports more expensive compared to wheat flour.
December 2023 | Agri Review
29
December
2023
Citrus production in Georgia is currently experiencing a declining trend, despite the implementation of a tangerine state subsidy program. Under the program, farmers receive 30 instead of 15 tetri for 1 kg of non-standard (low-quality) tangerines.
September 2023 | Agri Review
29
September
2023
Rtveli 2023 commenced this August. Similar to previous years, the Government of Georgia (GoG) is subsidizing the grape harvest again to support farmers who have suffered from worsening climate conditions. Based on information from MEPA representatives, the subsidy's primary aim is to guarantee that even producers with lower-quality grapes can still sell their products.
June 2023 | Agri Review
30
June
2023
In June 2023, the National Statistics Office of Georgia issued its annual publication on the agricultural sector – Agriculture of Georgia 2022. The publication estimates that agriculture, forestry, and fishing comprised 7.5% of the GDP (constant prices) in 2022, which is lower than the 8% share in 2021, but in line with general trends over the last few years (agricultural GDP being 7-8% of GDP on average).
