Earlier Report Observations
The market for not concentrated, not sweetened milk and cream in Georgia expanded from 585.7 thousand tonnes in 2018 to 622.2 thousand tonnes in 2021, indicating steady growth over the first four years. This progression was interrupted in 2022 when the market volume contracted to 599.3 thousand tonnes, but it recovered robustly in 2023, reaching 625.1 thousand tonnes.
Domestic production mirrored this trajectory, rising from 580.5 thousand tonnes in 2018 to 614.6 thousand tonnes in 2021 before declining to 590.7 thousand tonnes in 2022 and bouncing back to 611.2 thousand tonnes in 2023. Imports, while remaining a minor share of total supply, increased steadily from 5.3 thousand tonnes in 2018 to 13.9 thousand tonnes in 2023, contributing to the overall market volume.
Between 2018 and 2023, the Georgian milk and cream market grew by 39.4 thousand tonnes, or approximately 6.7%. The market showed adaptability with a quick rebound after the 2022 dip, ending the period at a new high.
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, K 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, K 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, K 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. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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7.1. Exports (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 milk and cream in Georgia
In kind, 2017-2020, K t
Top producers of milk and cream, 2017-2020
World map of production of milk and cream, 2017-2020
Georgia's milk and cream production has grown for the third year in a row. In 2020, the country produced 595.0 K t of milk and cream, representing a modest 1.3% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 7.7%, which translates to an average annual growth rate of 2.5%.
Annual dynamics of production in Georgia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.1% | 1.2% | 1.3% | 2.5% |
Exports milk and cream from Georgia
Exports in kind, t
Georgia's milk and cream export volume remained at 0.0 t in 2020, showing little change from the year before. Between 2018 and 2020, exports surged by 3 428%, with an annualized growth rate of 228.0%.
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 | n/a | n/a | - |
From 2017 to 2020, Georgia's milk and cream exports in volume terms were highly concentrated, with Armenia alone accounting for 97.2% of the total.
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 exported 0.1 K $ US worth of milk and cream, a figure that changed very little compared to 2019. Over the 2018-2020 period, exports grew by 926.7%, with a compound annual growth rate (CAGR) of 117.3%.
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 | n/a | n/a | - |
Between 2017 and 2020, nearly all of Georgia's milk and cream exports in value terms were linked to Armenia, which held a 91.1% share 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 milk and cream to Georgia
Imports in kind, t
Following two years of growth, Georgia's milk and cream import volume declined. In 2020, imports totaled 6 938 t, a decrease of 7.7% from the previous year. Over the 2017-2020 period, imports increased by 79%, with a CAGR of 21.4%. The peak volume was recorded in 2019 at 7 513 t, which also saw the largest annual increase of 42.3%.
Annual dynamics of product's imports to Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 36.2% | 42.3% | (7.7%) | 21.4% |
From 2017 to 2020, the main suppliers of milk and cream to Georgia in volume terms were Ukraine (51.4% of imports), Iran (10.3%), and Russia (9.3%). Together, these three countries accounted for 71.0% of total imports.
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
After rising for two years, Georgia's milk and cream imports in value terms fell. In 2020, imports amounted to 7 958 K $ US, down 4.0% year-over-year. Between 2017 and 2020, imports grew by 84%, with an annualized rate of 22.5%. The highest value was in 2019 at 8 292 K $ US, which also experienced the largest annual increase of 48.5%.
Annual dynamics of product's imports to Georgia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.1% | 48.5% | (4.0%) | 22.5% |
Throughout 2017-2020, Ukraine (46.8% of imports in value terms), Iran (12.9%), and Russia (10.8%) were the key sources for Georgia's milk and cream imports, collectively making up 70.4% of total flows.
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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