Indexes
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). Furthermore, compared to 2022, agricultural GDP declined by 2.9% in real terms. While GDP slightly worsened, the production of most annual crops increased– the greatest increase can be found in the production of haricot beans (a 28% increase compared to 2022), while vegetables, hay of perennial grasses, cereals and hay of annual grasses increased by 11%, 10%, 6%, and 2%, respectively. A decrease is observed in the production of melons (37%), sunflower (7%) and potato (1%).
Regarding the production of permanent crops, citrus rose the most on an annual basis (35%), followed by berries (18%), nuts (5%), and subtropical fruit (5%). At the same time, the production of pome fruit declined by 32%, moreover grapes fell by 23% and stone fruit by 11%. There were no significant changes in livestock production.
In terms of self-sufficiency ratios, starting from 2021 there has been a rise for wheat from 15% to 22% by 2023. Additionally, the self-sufficiency of grapes further increased, by 28 percentage points compared to 2022. The biggest declines can be observed for potatoes and beef – the self-sufficiency ratio for potatoes fell by 14 percentage points, and by 9 percentage points for beef. Notably, most products showed a slight decrease of 2-3 percentage points in self-sufficiency ratios.
Recent Publications
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September 2024 | Agri Review
04
October
2024
The National Statistics Office of Georgia (GeoStat) has published its second quarterly bulletin for 2024. The publication highlights that the real GDP in agriculture, forestry, and fishing increased by 0.7% compared to the first quarter of 2023. Furthermore, agriculture contributed to 5.3% of the country’s total GDP during the first quarter of 2024.
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).
