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Georgia sees increase in imports of buckwheat in 1Q2021

Business Materials 5 May 2021 22:15 (UTC +04:00)
Georgia sees increase in imports of buckwheat in 1Q2021

BAKU, Azerbaijan, May 5

By Tamilla Mammadova – Trend:

Buckwheat imports to Georgia increased in the first quarter of 2021, although the increase is mainly due to product value, Trend reports citing the Georgian National Statistical Office (Geostat).

The value of product imports increased by 23.2 percent compared to January-March last year and amounted to $701,700 ($569,600 in the first quarter of 2020), while the volume of purchased products decreased by 5.4 percent to 830.5 tons (878.2 tons).
From January through March this year, Georgia imported most of the product from Russia ($701,400, 830.3 tons), and in small quantities, we bought buckwheat in Belarus ($200, 0.1 tons) and Poland ($100, 0.1 tons).

In 2020, Georgia purchased 4,198.1 tons of buckwheat from 4 countries, for which $3.1 million was exported. This number is slightly lower than the pre-pandemic rate. In 2019, the value of 6,995.4 tons of buckwheat imported to Georgia amounted to $3.2 million.

According to official statistics, Russia is the main importer of the product, although in 2019 buckwheat was imported from Kazakhstan, and in the last 2 years, we were buying it in small quantities in Ukraine and China.

Despite the decline in imports, imports of buckwheat from the main import market - Russia - increased in 2020 ($2.5 million in 2019). Import markets look like this:

1. Russia - $3 million, 4,175.2 tons;
2. Ukraine - $20,100, 22 tons;
3. Poland - $1,900, 0.7 tons;
4. France - $1,100, 0.2 tons;

In 2019, imports were also made from Kazakhstan ($585,000), China ($82,500) and Ukraine ($29,900).

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