What is the price of fish oil per kilogram/pound in Georgia today?
The retail price range for Georgia fish oil is between US$ 14.66 and US$ 34.20 per kilogram or between US$ 6.65 and US$ 15.51 per pound(lb). Click here to see today's exact prices of fish oil in Georgia
The retail price range in Lari for fish oil is between GEL 37.14 and GEL 86.66 per kilogram or between GEL 16.84 and GEL 39.30 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia fish oil is between US$ 10.26 and US$ 23.94 per kilogram or between US$ 4.65 and US$ 10.86 per pound(lb).
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Georgia Fish Oil Export Prices - Historical, Trends and Prediction
The export price of Fish Oil from Georgia has seen a steady increase over the last five years. In 2017, the price per kilogram was 1.75 US dollars, and this increased to 1.82 US dollars in 2021. This represents an increase of 4.6% over the five year period. The highest price was in 2021, with the lowest price in 2014 at 1.51 US dollars. Looking ahead, we can predict that the export price of Fish Oil from Georgia will continue to increase, reaching 1.86 US dollars in 2023 and 1.90 US dollars in 2024.Georgia Fish Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fish Oil into Georgia has been relatively stable over the last five years. In 2017, the price was $1.75, followed by a slight increase to $1.81 in 2018. In 2019, the price dropped to $1.65, before rising again to $1.79 in 2020 and $1.82 in 2021. This suggests that the price of Fish Oil is likely to remain relatively stable in the near future. Based on this trend, it is predicted that the import price per kilogram of Fish Oil into Georgia will be $1.84 in 2023 and $1.86 in 2024.Export values for Georgia fish oil
The total values in export for fish oil in Georgia were US$ 5,959, US$ 7,430, US$ 10,560 and US$ 5,091 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Georgia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of fish oil in other countries across Europe: Georgia fish oil, Albania fish oil, Belarus fish oil, Bosnia and Herzegovina fish oil, Bulgaria fish oil, Croatia fish oil, Czech Republic fish oil, Estonia fish oil, Greece fish oil & Hungary fish oil.
Georgia fish oil - Production, Exports, Imports, Seasons and HS Codes
The volume of fish oil sold by Georgia in 2020 was 9,587 metric tonnes. In 2019 Georgia sold 3,087 tonnes of fish oil. In 2019 alone, the demand for Georgia fish oil (processed category) has reduced, recording a change of -47.032 percent compared to the year 2018. Between 2017 and 2019, fish oil's exports reduced by -27.38 pc netting the country US$5.09m for the year 2019. Georgia's fish oil exports are classified as:
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
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Georgia fish oil export values
In 2019, Georgia supplied fish oil worth 5.09m USD, a drop of -51.80% from 2018's total fish oil export of 10.56m USD. The yearly reduction in value of Georgia fish oil between 2017 to 2018 was 42.127 percent.
The annual/yearly change in the volume of Georgia's fish oil exports between 2017 and 2019 was -27.38% in comparison to a variation of -47.032% in the period between 2018 and 2019.
Export markets for Georgia fish oil ( in '000$ )
Georgia bought 2 tonnes of fish oil in 2019.