Agri Review
The goal of the publication is to summarize major developments in the agricultural sector and provide a brief analysis of related economic indicators. The publication presents the main economic figures of Georgia's agricultural sector and consists of four sections: Sector at a glance featuring prod
uction, employment, and FDI in the agricultural sector; Price highlights including domestic and international prices; Trade highlights describing share of agricultural exports and imports in total exports and imports as well as export and import diversification indexes; Policy watch provides a brief review of major changes in the agricultural policy of the country. The publication relies on the data from the following sources: Geostat, Ministry of Finance (MoF), and Food and Agriculture Organization (FAO). The Agri Review allows the reader to track major developments in Georgian agriculture and judge the progress in the sector.
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June 2018 | Agri Review
26 June 2018

There was 2.1% decrease in agricultural production in 2017 compared to the previous year. Production in the plant-growing sector declined by 0.4%, while animal production experienced a decrease of 3.8%. Lower production resulted in lower self-sufficiency ratios for most agricultural products.

May 2018 | Agri Review
28 May 2018

According to the data for the first quarter of 2018, the number of livestock has increased in Georgia. The biggest increase was observed for the number of sheep and goats, which increased by 35.9%. Such a sharp rise might be explained by the increased demand from East Asian countries.

April 2018 | Agri Review
26 April 2018

2017 was a challenging year for Georgian agriculture. There is a decline in the level of sown areas, which decreased by 10.5% in 2017 compared to 2016. 214.9 thousand ha in 2017 is the lowest figure for the last four years. Average yields and production decreased for most crops, as well.

March 2018 | Agri Review
20 March 2018

During the last decade, real GDP of Georgia has been steadily increasing, while share of agriculture has been decreasing. The share of agricultural output in total GDP decreased from 6.7% on 2016 to 6.2% in 2017. Agricultural output decreased in absolute terms as well by 2.6% in 2017 compared to 2016.

February 28, 2018 Retail FPI | When Will Spring Come to Town?
25 February 2018

In the last two weeks of February, ISET’s Retail Food Price Index increased by 5% (compared to February 2017). On a monthly basis (compared to January 2018), food prices in Tbilisi’s major supermarkets increased slightly, by 0.6%. We recorded the biggest bi-weekly price increases for bananas (10%), cucumbers (10%), and beef (4%). Prices dropped the most for garlic (-9%), rice (-6%), and potatoes (-5%).