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MARKETS

Sheep and goats: livestock, meat, milk and wool in 2016

Total amount of sheep and goats at the end of 2016 was 936,500 heads. Among them sheep number made up 875,900 heads, goats – 60,600 heads. Among the other regions Kakheti is a leader as per sheep and goats quantity (sheep – 55%, goats – 38,4%). Average price of slaughter meat produced in Georgia was 9.99 GEL/kg at “Fermiskari” in 2016, average consumption price made up 11.85 GEL/kg.

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Markets and Fairs: 2016

Due to results of survey carried out by National Statistics Office of Georgia 211 economic facilities occupied by organizing markets and fairs were functioning in Georgia in 2016, 29,4% of which are placed in Tbilisi, 21,8% - in Imereti, 12,3 % - in Samegrelo-Zemo Svaneti region, 11,4% - in Kakheti region, 8,1% - in Kvemo Kartli, 5,2% - in Adjara, 4,3% - in Shida Kartli, 2,8% - in Samtskhe-Javakheti, 1,9% - in Guria, 1,9% - in Mtskheta-Mtianeti and 0,9% - in Racha-Lechkhumi and Kvemo Svaneti regions.

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Business Register: by Kind of Economic Activity

Based on the data of September 1, 2017, there are 664,057 registered business entities in Georgia, out of which only 173,629 are active. The economic unit is active if it meets one of the following criterias: Turnover > 0 (VAT, income and other declarations) Number of Employees > 0 (VAT, income …

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Insurance Market: 2016

There were 14 licensed insurance companies operating in Georgia by the end of 2016. In total, they attracted insurance bonuses in amount of 393,038,614 GEL in 18 different types of insurance (including 60% of the full bonus on the first three ones). According to insurance types, medical insurance has 45% of the market share (76% of the attracted bonus was on the three leading types of insurance. insurance companies reimbursed 231,862,996 GEL during the whole year.

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Insurance Market: 2016

There were 14 licensed insurance companies operating in Georgia by the end of 2016. In total, they attracted insurance bonuses in amount of 393,038,614 GEL in 18 different types of insurance (including 60% of the full bonus on the first three ones). According to insurance types, medical insurance has 45% of the market share (76% of the attracted bonus was on the three leading types of insurance. insurance companies reimbursed 231,862,996 GEL during the whole year.

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DCFTA: EU Internal Market

The EU and Georgia signed an Association Agreement on 27 June 2014. It has entered into force since 1 July 2016. The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. The …

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Tourism in Georgia: accommodation means in 2016

6,360,503 international tourists entered Georgia in 2016, and the total number of internal visitors made up around 13 million. In total, 1,765 accommodation facilities for tourists and internal visitors were operating by the end of 2016 with 24,297 rooms and 57,049 beds. 37 new hotels were opened in Georgia in 2016 months of 2017, and 129 hotels were under construction.

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Survey of Slaughterhouses: 2016

One could find 86 poultry and livestock slaughterhouses in Georgia in 2016, 65% out of which were in 4 regions (Kvemo Kartli, Kakheti, Imereti & Shida Kartli). It was possible to slaughter maximum 34,457 livestock and poultry during the day in the slaughterhouses in 2016 (possible maximum daily capacity). 311,313 heads of livestock were slaughtered in slaughterhouses, including cattle - 59.7% and small livestock - 40.3% (sheep, goat, pig, etc.). Total number of poultry slaughtered in slaughterhouses is 9,620,566.

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Beekeeping in 2016

In 2016 the number of bee families in Georgia made up 205,300 units at the end of the year. According to regions the most number of beehives were in Kakheti, Imereti and Samegrelo-Zemo Svaneti (more than a half of the total number of beehives in these three regions composes 52,2%). In 2016 2,100,000 kg honey had been produced in Georgia. Annually, up to 2 mln t of honey is produced in the world. One of the biggest markets of honey is the European Union – it produced 268 thousand t of honey in 2015; more than 197 thousand t of honey cost up to 200 mln Euros was received via import (data of European statistics).

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