What is the price of margarine per kilogram/pound in Georgia today?
The retail price range for Georgia margarine is between US$ 0.59 and US$ 0.83 per kilogram or between US$ 0.27 and US$ 0.38 per pound(lb). Click here to see today's exact prices of margarine in Georgia
The retail price range in Lari for margarine is between GEL 1.50 and GEL 2.11 per kilogram or between GEL 0.68 and GEL 0.96 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia margarine is between US$ 0.42 and US$ 0.58 per kilogram or between US$ 0.19 and US$ 0.26 per pound(lb).
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Georgia Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Georgia has seen a steady decline over the last five years. In 2013, the price was 1.38 US dollars per kg, and by 2020, it had dropped to 1.00 US dollars per kg. In 2021, the price increased slightly to 1.31 US dollars per kg. Based on this trend, it is likely that the export price of Margarine from Georgia will remain around 1.30 US dollars per kg in 2023 and 2024.The margarine exports from Georgia are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Georgia Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Georgia has seen a steady decline over the past five years. In 2013, the price was $1.38, and it decreased to $1.35 in 2014. In 2017, the price dropped to $1.18, and it continued to decline to $1.22 in 2018. The price then dropped to its lowest point of $1.21 in 2019, before increasing to $1.0 in 2020. The price then rose again to $1.31 in 2021. Based on this trend, it is predicted that the import price per kilogram of Margarine into Georgia will be $1.27 in 2023 and $1.24 in 2024.Export values for Georgia margarine
The total values in export for margarine in Georgia were US$ 88, US$ 71, US$ 207 and US$ 215 in US dollar thousand for the years 2014, 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 margarine in other countries across Europe: Georgia margarine, Albania margarine, Belarus margarine, Bosnia and Herzegovina margarine, Bulgaria margarine, Croatia margarine, Czech Republic margarine, Estonia margarine, Greece margarine & Hungary margarine.
Georgia margarine - Production, Exports, Imports, Seasons and HS Codes
The volume of margarine shipped by Georgia in 2020 was 28 metric tons. In 2019 Georgia sold 178 tonnes of margarine. For 2019 alone, the market for Georgia margarine (processed category) has improved, recording a change of 5.325 pc compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 196.67 percent earning the country US$0.22m for the year 2019. Georgia's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Georgia margarine export values
In 2019, Georgia sold margarine with a value of 0.22m USD, an increase of 6.28% from 2018's total margarine export of 0.207m USD. The yearly growth in value of Georgia margarine between 2017 to 2018 was 191.549%.
The per year variation in the volume of Georgia's margarine exports between 2017 and 2019 was 196.67 percent compared to a variation of 5.325% in the period between 2018 and 2019.
Export markets for Georgia margarine ( in '000$ )
Georgia's leading export markets for margarine are Azerbaijan and Armenia.
Georgia ordered 10,573 tonnes of margarine in 2019.