Market research

Almonds market in Georgia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The almond market in Georgia experienced substantial growth between 2018 and 2023, with market volume increasing from 1.3 thousand t to nearly 2.0 thousand t. This expansion was primarily fueled by a sharp rise in imports, which grew more than fivefold over the period, while domestic production remained relatively stable with modest annual fluctuations.

Concurrently, exports of almonds from Georgia also saw remarkable growth, rising from a negligible base to almost 800 t by 2023. However, this outward flow was insufficient to counterbalance the massive inflow of imported almonds, resulting in a net addition to domestic availability and a consistently expanding market size each year.

The year 2024 marked a reversal in trade trends, with import volumes falling to 1.2 thousand t and exports dropping to 438 t. This represents a significant decrease from the peak levels observed in 2023.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Georgia
  1. 5.1.1. Annual dynamics of production in Georgia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Georgia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production almonds in Georgia

In kind, 2017-2020, t

Top producers of almonds, 2017-2020

Source: SHEV.io

World map of production of almonds, 2017-2020

Source: SHEV.io

Georgia's almond production has increased for the second consecutive year. In 2020, the country produced 969.0 t of almonds, marking a 2.6% increase compared to 2019. The lowest production level was recorded in 2018 at 939.5 t, which represented a decline of 1.1% from the previous year.

Annual dynamics of production in Georgia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.1%)	0.5%	2.6%	0.7%

Source: SHEV.io

Exports almonds from Georgia

Exports in kind, t

Almond exports from Georgia have grown for the second year in a row. In 2020, the country shipped 226.9 t of almonds abroad, an 81.9% increase compared to the previous year. Over the period from 2018 to 2020, exports surged by 910.3%, with a compound annual growth rate (CAGR) of 116.2%.

Annual dynamics of product's exports from Georgia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	455.5%	81.9%	-

Source: SHEV.io

From 2017 to 2020, two countries—Kyrgyzstan and Kazakhstan—accounted for the majority of Georgia's almond exports in volume terms, while other markets played a smaller role individually.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Georgia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market exhibited significant volatility during these years. In 2019, almond exports from Georgia reached their lowest point at 264 K $ US, reflecting a 7.7% decline. By 2020, exports rebounded sharply to 810 K $ US, a dramatic increase of 206.4% over the previous year. The difference between the peak in 2020 and the trough in 2019 was 3.1 times.

Annual dynamics of product's exports from Georgia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(7.7%)	206.4%	-

Source: SHEV.io

Between 2017 and 2020, Kyrgyzstan (55.5% of export value), Armenia (24.1%), and Ukraine (12.3%) together absorbed 91.9% of Georgia's total almond export value, making them the primary destinations.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Georgia in value, 2017-2020

Source: SHEV.io

Imports almonds to Georgia

Imports in kind, t

Georgia's almond imports have risen for the third consecutive year. In 2020, import volume reached 698.1 t, a strong increase of 23.9% compared to the prior year. Over the period from 2017 to 2020, imports grew by 2 160.7%, with a compound annual growth rate (CAGR) of 182.8%.

Annual dynamics of product's imports to Georgia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 014.8%	63.7%	23.9%	182.8%

Source: SHEV.io

From 2017 to 2020, the United States dominated Georgia's almond imports in volume terms, accounting for 77.0% of the total, while the remaining imports were spread across a diverse group of smaller countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Georgia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Georgia's almond import value has increased for the third year in a row. In 2020, the country imported almonds worth 2 739 K $ US, which is 7.1% higher than in 2019. Over the period from 2017 to 2020, import value surged by 2 506.1%, with a compound annual growth rate (CAGR) of 196.5%.

Annual dynamics of product's imports to Georgia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 986.4%	16.7%	7.1%	196.5%

Source: SHEV.io

Between 2017 and 2020, the United States remained the leading partner for Georgia's almond imports in value terms, holding a 76.8% share of total flows, while other markets contributed to a long tail of smaller shares.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Georgia in value, 2017-2020

Source: SHEV.io