What is the price of yeast per kilogram/pound in Georgia today?
The retail price range for Georgia yeast is between US$ 10.74 and US$ 22.47 per kilogram or between US$ 4.87 and US$ 10.19 per pound(lb). Click here to see today's exact prices of yeast in Georgia
The retail price range in Lari for yeast is between GEL 27.22 and GEL 56.94 per kilogram or between GEL 12.34 and GEL 25.82 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia yeast is between US$ 7.52 and US$ 15.73 per kilogram or between US$ 3.41 and US$ 7.13 per pound(lb).
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Georgia Yeast Export Prices - Historical, Trends and Prediction
The export price per kilogram of Yeast from Georgia has seen a significant fluctuation over the last five years. In 2012, the price was 2.50 US$ per kg, which increased to 17.00 US$ per kg in 2013. However, in 2017, the price dropped to 0.57 US$ per kg, before increasing to 3.11 US$ per kg in 2018. The price then rose to 5.58 US$ per kg in 2019 and 6.78 US$ per kg in 2020. The latest data shows that the price has dropped to 6.00 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Yeast from Georgia will be around 5.50 US$ per kg in 2023 and 6.00 US$ per kg in 2024.Georgia Yeast Import Prices - Historical, Trends and Prediction
The import price per kilogram of Yeast into Georgia has seen a significant fluctuation over the past five years. In 2012, the price was 2.50 US dollars per kg, which increased to 17.00 US dollars per kg in 2013. However, in 2017, the price dropped to 0.57 US dollars per kg. This was followed by a gradual increase in the price, with 3.11 US dollars per kg in 2018, 5.58 US dollars per kg in 2019 and 6.78 US dollars per kg in 2020. The price has seen a slight decrease in 2021, with 6.00 US dollars per kg. Based on the data, it is predicted that the import price per kilogram of Yeast into Georgia will remain relatively stable in the next two years. It is expected that the price will be around 6.00 US dollars per kg in 2023 and 6.20 US dollars per kg in 2024.Export values for Georgia yeast
The total values in export for yeast in Georgia were US$ 28, US$ 28 and US$ 106 in US dollar thousand for the years 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 yeast in other countries across Europe: Georgia yeast, Albania yeast, Belarus yeast, Bosnia and Herzegovina yeast, Bulgaria yeast, Croatia yeast, Czech Republic yeast, Estonia yeast, Greece yeast & Hungary yeast.
Georgia yeast - Production, Exports, Imports, Seasons and HS Codes
The quantity of yeast exported by Georgia in 2020 was 9 metric tonnes. In 2019 Georgia shipped 19 tonnes of yeast. For 2019 alone, the market for Georgia yeast (processed category) has gone up, recording a change of 111.111 pc compared to the year 2018. Between 2017 and 2019, yeast's exports went down by -61.22 pc netting the country US$0.11m for the year 2019. Georgia's yeast exports are categorised as:
- Inactive yeasts; other dead single-cell micro-organisms (excluding packaged as medicaments) (HS code 210220)
- Active yeasts (HS code 210210)
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Georgia yeast export values
In 2019, Georgia shipped yeast costing 0.11m USD, a surge of 292.86% from 2018's total yeast export of 0.028m USD. The yearly growth in value of Georgia yeast between 2017 to 2018 was 0 percent.
The annual/yearly variation in the quantity of Georgia's yeast exports between 2017 and 2019 was -61.22% when compared to a variation of 111.111% in the growth rate between 2018 and 2019.
Georgia's share of the world's total yeast's exports in 2019 was less than 1%. The country is ranked number 42 in world exports of yeast.
Export markets for Georgia yeast ( in '000$ )
Import/Export Trends
Georgia is a net importer of yeast. The annual growth of Georgia yeast in value between 2015 to 2019 was 22%, per annum, while annual growth in quantity for the same period was 19%, per annum.
Georgia brought in 4,197 tonnes of yeast in 2019.