Indexes
December 2022 | Agri Review
26
December
2022
Hazelnuts are one of the most important crops for Georgia in terms of export: between 2010-2021, they accounted for around 4.4% of total exports (GeoStat, 2022). In 2013, the quantity of exported hazelnuts reached its maximum level (30 ths. tons), in the following years, it then decreased to 19 ths. tons alongside an increase in value, thus indicating higher prices per exported kg of Georgian hazelnut. However, 2017 was a very challenging year for hazelnuts, as the trees suffered various fungal diseases and an Asian Stink Bug (Pharosana) invasion subsequently worsened the situation. Accordingly, both the quality and quantity of hazelnut production declined. In 2019, the hazelnut sector rebounded and production, as well as export, increased in 2020 and 2021.
This year has again been challenging for the hazelnut sector, mainly due to unfavorable weather conditions. Farmers were unable to properly carry out crop maintenance measures and, consequently, there have been various concerns about decreased production and the quality of the nuts.
In response to these challenges, on 31 October 2022 the Government of Georgia (GoG) launched a new program to promote the production of hazelnuts and to aid farmers. The program is being implemented by the Rural Development Agency, under the Ministry of Environmental Protection and Agriculture, and around 20 mln. GEL is being allocated during its initial stage.
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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).
March 2023 | Agri Review
31
March
2023
The budget for the Ministry of Environment Protection and Agriculture (MEPA) amounted to 698.5 million GEL (an increase of 10.0 million GEL) in 2023.
October 2022 | Agri Review
03
October
2022
The National Statistics Office of Georgia (GeoStat) recently published its economic review for II Quarter 2022. Their publication highlights that agricultural production increased by 10.9% in the second quarter of the year compared to the same period of 2021.
