Earlier Report Observations
The buckwheat market in Georgia showed considerable volatility from 2018 to 2023. Starting at 6 143 t in 2018, it expanded to 7 088 t the following year before contracting sharply to 4 303 t in 2020.
From 2021 onward, the market entered a recovery phase, growing to 5 020 t, then 6 412 t, and reaching a peak of 8 895 t by 2023. This three-year upward trend resulted in a market volume more than double the 2020 low.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Georgia
- 5.1.1. Annual dynamics of production in Georgia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Georgia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Georgia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production buckwheat in Georgia
In kind, 2017-2020, t
From 2017 to 2020, Georgia ranked 26th globally in buckwheat production.
Top producers of buckwheat, 2017-2020
World map of production of buckwheat, 2017-2020
After two years of growth, buckwheat production in Georgia declined. In 2019, production reached its peak at 116.4 tons, marking a 3.9% increase from the previous year. However, in 2020, production fell slightly to 113.3 tons, a 2.7% decrease compared to 2019.
Annual dynamics of production in Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.5% | 3.9% | (2.7%) | 0.6% |
Exports buckwheat from Georgia
Exports in kind, t
Georgia's buckwheat exports declined for the third consecutive year. In 2019, exports were higher, but by 2020, they dropped to 8 tons, a 66.3% decrease from 2019. Over the 2017-2020 period, exports fell by 73.4%, with an average annual decline of 35.7%.
Annual dynamics of product's exports from Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.1%) | (3.5%) | (66.3%) | (35.7%) |
From 2017 to 2020, Armenia and Azerbaijan were the dominant markets for Georgia's buckwheat exports in volume terms, together accounting for 99.9% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Georgia in kind, 2017-2020
Exports in value, K $ US
In 2020, Georgia's buckwheat exports in value terms reached 9 thousand US dollars, a sharp 44.9% decrease from 2019. The largest increase occurred in 2019, with a 53.9% rise. Overall, from 2017 to 2020, exports decreased by 49.2%, translating to an average annual decline of 20.2%.
Annual dynamics of product's exports from Georgia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (40.1%) | 53.9% | (44.9%) | (20.2%) |
During 2017-2020, Armenia and Azerbaijan led Georgia's buckwheat exports in value terms, with their combined share reaching 99.7% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Georgia in value, 2017-2020
Imports buckwheat to Georgia
Imports in kind, t
In 2020, Georgia imported 4,198 tons of buckwheat, a 40.0% reduction compared to 2019. The largest increase was recorded in 2019, at 15.5%. Over the 2017-2020 period, imports decreased by 43.8%, with an average annual decline of 17.5%.
Annual dynamics of product's imports to Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (19.0%) | 15.5% | (40.0%) | (17.5%) |
From 2017 to 2020, Russia was the central partner for Georgia's buckwheat imports in volume terms, accounting for 81.0% of total flows, while other markets played a less significant role.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Georgia in kind, 2017-2020
Imports in value, K $ US
In 2020, Georgia's buckwheat imports in value terms totalled 3,085 thousand US dollars, showing a moderate 4.5% year-on-year decrease. The minimum value was recorded in 2018 at 2,142 thousand US dollars, with the largest decline that year at 49.7%. In 2019, imports saw the largest increase of 50.7%. Overall, from 2017 to 2020, imports decreased by 27.6%, equating to an average annual decline of 10.2%.
Annual dynamics of product's imports to Georgia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (49.7%) | 50.7% | (4.5%) | (10.2%) |
Over 2017-2020, Russia was the primary source for Georgia's buckwheat imports in value terms, making up 79.0% of total flows, with other markets forming a long tail of smaller partners.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Georgia in value, 2017-2020
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