What is the price of beef per kilogram/pound in Georgia today?
The retail price range for Georgia beef is between US$ 5.77 and US$ 10.10 per kilogram or between US$ 2.62 and US$ 4.58 per pound(lb). Click here to see today's exact prices of beef in Georgia
The retail price range in Lari for beef is between GEL 14.63 and GEL 25.60 per kilogram or between GEL 6.63 and GEL 11.61 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia beef is between US$ 4.04 and US$ 7.07 per kilogram or between US$ 1.83 and US$ 3.21 per pound(lb).
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Georgia Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Georgia has seen a significant fluctuation over the past five years. In 2012, the export price was 6.23 US dollars per kg, which dropped to 2.06 US dollars per kg in 2013. The price then increased to 3.38 US dollars per kg in 2014, before dropping to a low of 0.78 US dollars per kg in 2015. In 2016, the price further decreased to 0.72 US dollars per kg, before increasing to 1.94 US dollars per kg in 2017. The price then rose to 2.62 US dollars per kg in 2018, before increasing to 2.94 US dollars per kg in 2019. In 2020, the price dropped to 2.27 US dollars per kg, before increasing to 6.95 US dollars per kg in 2021. Based on this data, it is likely that the export price per kilogram of Beef from Georgia will remain relatively stable in the next two years, with an estimated price of 2.50 US dollars per kg in 2023 and 2.60 US dollars per kg in 2024.The Georgia beef exports are categorised as:
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine livers (HS code 020622)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
Georgia Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Georgia over the last five years has seen a significant decrease. In 2012, the price was 6.23 US dollars per kg, but by 2021, it had dropped to 6.95 US dollars per kg. In 2013, the price dropped to 2.06 US dollars per kg, and then increased to 3.38 US dollars per kg in 2014. In 2015, the price dropped to 0.78 US dollars per kg, and then further decreased to 0.72 US dollars per kg in 2016. In 2017, the price increased to 1.94 US dollars per kg, and then further increased to 2.62 US dollars per kg in 2018. In 2019, the price increased to 2.94 US dollars per kg, and then decreased to 2.27 US dollars per kg in 2020. Based on this trend, it is predicted that the import price per kilogram of Beef into Georgia in 2023 will be around 2.00 US dollars per kg, and in 2024 will be around 2.50 US dollars per kg.Export values for Georgia beef
The total values in export for beef in Georgia were US$ 34, US$ 62, US$ 425 and US$ 514 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Georgia: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Europe: Georgia beef, Albania beef, Belarus beef, Bosnia and Herzegovina beef, Bulgaria beef, Croatia beef, Czech Republic beef, Estonia beef, Greece beef & Hungary beef.
Georgia beef - Production, Exports, Imports, Seasons and HS Codes
The volume of beef shipped by Georgia in 2020 was 49 metric tons. In 2019 Georgia shipped 175 tonnes of beef. For the year 2019 alone, the demand for Georgia beef (meat category) has climbed, recording a change of 8.025 percent compared to the year 2018. Between 2017 and 2019, beef's exports went up by 446.88 pc netting the nation US$0.51m for the year 2019. Georgia's beef exports are categorised as:
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen edible bovine livers (HS code 020622)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen, boneless meat of bovine animals (HS code 020230)
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Georgia beef export values
In 2019, Georgia shipped beef with a value of 0.51m USD, an increment of 20.00% from 2018's total beef export of 0.425m USD. The annual growth in value of Georgia beef between 2017 to 2018 was 585.484 pc.
The annual variation in the amount of Georgia's beef exports between 2017 and 2019 was 446.88 per cent when compared to a variation of 8.025% in the growth rate between 2018 and 2019.
Export markets for Georgia beef ( in '000$ )
Georgia's top export markets for beef are Vietnam, the Netherlands, United Arab Emirates (UAE), Kuwait and Hong Kong.
Georgia bought 4,958 tonnes of beef in 2019.