The FINANCIAL -- In October 2017, domestically produced VEGETABLE prices increased by 11.3% in month-to-month terms and this is the biggest increase since the last January.
Price gain compared to the same month of previous year was a bit larger and stood at 13.2% in October 2017. Although in last month greens’ and flowering plants’ prices went down roughly by one tenth of their September values, they did not offset the changes caused by the boost in Georgian tomato and potato prices.
In October 2017, compared to September 2017, Georgian tomato prices increased by more than half, while similar change for potato exceeded 5%. As far as the difference between October 2016 and October 2017 prices are concerned, domestically produced tomato and potato were approximately one quarter more expensive in last month than they were in October 2016.
Such dramatic change in tomato and potato prices might be determined by improved international trade figures. According to the GeoStat, in monetary terms, Georgia imported less tomato and potato in the first three quarters of 2017 than it did in the same period of the last year; while the country exported 80% more tomato in the first three quarters of 2017, than it did for the entire 2016, and boosted potato exports more than twice.
Interestingly, traditional export market for Georgian lamb, the Azerbaijan became top export destination for Georgian potato in 2017. It seems that Azerbaijani people enjoy the Kufta-Bozbash made by the products of Georgian origin – lamb meat and potato are the main ingredients of this delicious Azerbaijani dish!