Milk powder market in Georgia

Earlier Report Observations

The milk powder market volume in Georgia declined from 8 576 t in 2018 to 6 492 t in 2021. This contraction was influenced by the COVID-19 pandemic in 2020, which caused production disruptions and price volatility, reducing overall market activity. The downward trend accelerated in 2021 as government policies aimed at curbing imports and supporting local production led to a sharp drop in imported volumes, further decreasing the total market supply.

Market volume rebounded strongly to 9 247 t in 2022 and reached 9 455 t in 2023. This expansion was driven by heightened competition from new entrants, which increased product availability and innovation, alongside a shift in consumer preferences toward organic and functional milk powder varieties. Legislative changes that tightened labeling and quality control requirements also enhanced market transparency and consumer trust, supporting demand growth. Import volumes continued to rise into 2024, exceeding 10 000 t for the first time, sustained by competitive global prices and persistent local demand.

Production milk powder in Georgia

In kind, 2017-2020, t

Top producers of milk powder, 2017-2020

World map of production of milk powder, 2017-2020

Georgia's milk powder production has grown for three consecutive years. In 2020, the country produced 130.2 t of milk powder, marking a 4.2% increase from the previous year. Over the period from 2017 to 2020, production rose by 11.2%, with an average annual growth rate of 3.6%.

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

Exports milk powder from Georgia

Exports in kind, t

The market exhibited volatility during the observed period. The lowest point was recorded in 2018 at 135 t, while the peak occurred in 2017, resulting in a 6.4-fold difference between these years. In 2020, milk powder exports from Georgia totaled 320 t, showing a significant decrease of 10.1% compared to 2019. The largest decline of 84.3% was observed in 2018, whereas the largest increase of 163.6% occurred in 2019.

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

From 2017 to 2020, Armenia and Kazakhstan dominated Georgia's milk powder exports, together accounting for 99.3% of total exports in volume. The remaining flows were distributed across other markets.

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

The market displayed volatile behavior over these years. The minimum value was 612 K $ US in 2018, compared to the maximum in 2017, with a 3.5-fold variation between them. In 2020, Georgia's milk powder exports amounted to 735 K $ US, reflecting a modest decline of 4.2% from 2019. The largest decrease of 71.7% was recorded in 2018, while the largest increase of 25.4% took place in 2019.

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

Between 2017 and 2020, Armenia and Kazakhstan were the primary destinations for Georgia's milk powder exports in value terms, together capturing 91.6% of the total. Other countries accounted for the remainder.

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 powder to Georgia

Imports in kind, t

Georgia's milk powder imports have declined for three consecutive years. In 2020, the country imported {value_last_year} t of milk powder, down by 4.1% year-over-year. Over the period from 2017 to 2020, imports fell by 24.8%, with an average annual decrease of 9.1%.

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

During 2017–2020, Ukraine, Belarus, and France were the leading sources of milk powder imports to Georgia in volume terms. Ukraine accounted for 25.7% of imports, Belarus for 14.8%, and France for 12.2%, together making up 52.7% 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

Georgia's milk powder imports have increased for two consecutive years. In 2020, the country imported approximately 19 982 K $ US of milk powder, which is 9.2% higher than the previous year. Between 2017 and 2020, imports decreased by 6.7%, equating to an annualized rate of 2.3%. The lowest value was 16 086 K $ US in 2018. The largest decline of 24.9% occurred in 2018, while the largest increase of 13.7% was recorded in 2019.

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

From 2017 to 2020, Ukraine, Belarus, and France formed the core group of markets for Georgia's milk powder imports in value terms. Ukraine represented 24.6% of imports, Belarus 15.6%, and France 12.3%, together comprising 52.4% 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