In the Republic of Georgia, prices for imported tomatoes have gone up, but import volumes have increased a well. Some sources suggest that the increase in the price of imported tomatoes is due to bad weather in Turkey, which is the main exporter of tomatoes to Georgia.
Given the difficulties with supplies from Turkey, red round tomatoes, which are massively imported from Turkey from October to May, have risen sharply in the wholesale markets of Georgia. The growth in wholesale prices for imported tomatoes in mid-January on an annualized basis amounted to about $0.30/kg.
Despite these higher prices, Georgia imported 1,200 tons of tomatoes in January – the highest volume in at least the last 9 years and 7% higher than imports in January 2021. Somewhat surprisingly, both prices and volumes of tomato imports are up compared to January 2021.
Over the past eight months, Georgia has imported 7,700 tons of tomatoes – at least 30% higher compared to imports in the same period of any year over the past 9 years. Despite the recent increase in the price of imported tomatoes, prices in official import data are still among the lowest in history.
Source: east-fruit.com
