Stanley plums dropped sharply in Georgia


Stanley plums dropped sharply in Georgia

09/04/2020

Georgian farmers can no longer sell their crops only at agricultural markets and supply fruit to processing companies

According to the EastFruit monitoring data, prices for Stanley plums fell sharply on the Georgian market this week. If a week earlier the average purchase price for this variety was 1 lari ($ 0.32), then this week the average price per kilogram fell to 0.4 lari ($ 0.13).

Farmers explain the collapse in prices by the fact that the plum harvesting season is already in full swing and the supply on the market has increased, while the demand has remained the same due to the limited number of tourists due to the pandemic. Farmers can no longer sell their crops only in agricultural markets and supply fruit to processing companies, which usually offer the lowest price on the market.

Read also: Export of peaches and nectarines from Georgia increased by 85%

The director of the Marneuli Food Factory Paata Narinamidze, in a conversation with EastFruit, noted that such a price for plums is not a surprise, last season prices for plums for processing were about 0.30-0.35 lari ($ 0.10-0.11) and the quality is excellent. This season, the company has not yet started purchasing plums and is still monitoring the market. The amount of fruit purchased by processing companies determines the sales of finished products of the past year. The Marneuli Food Factory produces only jam from plums, as Narimanidze noted, this product is not one of the most popular products among Georgian consumers, so this season the company intends to purchase about 20-25 tons of plums for processing.

EastFruit

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