What is the price of sugar per kilogram/pound in Georgia today?
The retail price range for Georgia sugar is between US$ 3.86 and US$ 8.30 per kilogram or between US$ 1.75 and US$ 3.76 per pound(lb). Click here to see today's exact prices of sugar in Georgia
The retail price range in Lari for sugar is between GEL 9.77 and GEL 21.02 per kilogram or between GEL 4.43 and GEL 9.53 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia sugar is between US$ 2.70 and US$ 5.81 per kilogram or between US$ 1.22 and US$ 2.63 per pound(lb).
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Georgia Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of sugar from Georgia over the last five years has seen a steady decline. In 2012, the price was 3.00 US dollars per kg, but by 2020, it had dropped to 0.53 US dollars per kg. This represents a decrease of 82.3%. The lowest price was recorded in 2014, when it was 0.64 US dollars per kg. Since then, the price has been slowly increasing, reaching 0.53 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of sugar from Georgia in 2023 will be 0.45 US dollars per kg, and in 2024, it will be 0.48 US dollars per kg.The exports of sugar from Georgia are categorised as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
Georgia Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Georgia over the last five years has been relatively stable. In 2016, the price was 0.51 US$ per kg, followed by 0.52 US$ per kg in 2017. In 2018, the price dropped to 0.42 US$ per kg, and then increased slightly to 0.43 US$ per kg in 2019. The price then rose to 0.53 US$ per kg in 2020. Overall, the import price of sugar into Georgia has remained relatively consistent over the last five years. Based on this trend, it is likely that the import price of sugar into Georgia will remain around 0.50 US$ per kg in the next few years. We can predict that the import price of sugar into Georgia in 2023 will be around 0.50 US$ per kg, and in 2024 it will be around 0.51 US$ per kg.Export values for Georgia sugar
The total values in export for sugar in Georgia were US$ 3,599, US$ 3,928, US$ 256 and US$ 10 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 sugar in other countries across Europe: Georgia sugar, Albania sugar, Belarus sugar, Bosnia and Herzegovina sugar, Bulgaria sugar, Croatia sugar, Czech Republic sugar, Estonia sugar, Greece sugar & Hungary sugar.
Georgia sugar - Production, Exports, Imports, Seasons and HS Codes
The amount of sugar shipped by Georgia in 2020 was 4,114 tonnes. In 2019 Georgia sold 23 tonnes of sugar. Through 2019 alone, the demand for Georgia sugar (processed category) has shrunk, with a change of -96.205 % compared to the year 2018. Between 2017 and 2019, sugar's exports decreased by -99.7% bringing the country US$0.01m for the year 2019. Georgia's sugar exports are classified as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Georgia sugar export values
In 2019, Georgia sold sugar with a value of 0.01m USD, a drop of -96.09% from 2018's total sugar export of 0.256m USD. The yearly reduction in value of Georgia sugar between 2017 to 2018 was -93.483%.
The annual variation in the amount of Georgia's sugar exports between 2017 and 2019 was -99.7 pc in comparison to a variation of -96.205% in the period between 2018 and 2019.
Export markets for Georgia sugar ( in '000$ )
Georgia's top export markets for sugar are Iran, Armenia, Azerbaijan, Estonia and Saudi Arabia.
Georgia purchased 128,617 tonnes of sugar in 2019.