Over the last five years, bean imports into Georgia soared by 63%.
In 2023, the country imported 656.79 tons of beans (fresh or chilled, peeled and unpeeled beans) worth $143,650 that is 1.63 times more than in 2019.
Turkey is the main importing country that accounts for 99% of imports.
The yearly data is as follows:
2019
402.69 tons worth $144,370 (1 kg – 0.96 lari)
2020
597.69 tons worth $135,660 (1 kg - 0.61 GEL)
2021
481.71 tons worth $90,730 (1 kg - 0.51 GEL)
2022
702.27 tons worth $134,750 (1 kg - 0.51 GEL)
2023
656.79 tons worth $143,650 (1 kg - 0.59 GEL)
In January-February 2024, Georgia brought 7.48 tons of beans in the amount of $4,990.
Note: in the Georgian market, the price of 1 kg of beans ranges from 5-10 GEL that means that the product is sold with at least 400% price markup.