In January-March 2024, 2,602.71 tons of rice worth $1,948,510 were imported into Georgia.
One kg of imported rice ($0.74) cost GEL 2.
In three months, the country carried out rice imports from 12 countries:
Pakistan - 1,488.00 tons of rice worth $921,300
India - 511.79 tons of rice worth $473,000
Taiwan - 200.00 tons of rice worth $141,000
Vietnam - 189.00 tons of rice worth $145,050
Turkey - 161.73 tons of rice worth $150,880
Italy - 39.78 tons of rice worth $77,660
France - 5.37 tons of rice worth $19,040
Germany - 3.21 tons of rice worth $11,220
Japan - 3.21 tons of rice worth $686
Iran - 1.61 tons of rice worth $1,810
Poland - 0.16 tons of rice worth $630
China - 0.05 tons of rice worth $50
Rice imports in the last 5 years look as follows:
2019
12,221,430 kg of rice worth $6,741,060 (1 kg - 1.47 GEL)
2020
12,730,460 kg of rice worth $6,863,340 (1 kg - 1.42 GEL)
2021
10,282,290 kg of rice worth $6,934,480 (1 kg - 1.79 GEL)
2022
11,357,370 kg of rice worth $8,968,430 (1 kg - 2.11 GEL)
2023
11,930,600 kg of rice worth $9,340,840 (1 kg - 2.09 GEL)
Rice prices continue to rise amid fears of sustained demand and supply shortages, Bloomberg reports.
According to the Thai Rice Exporters Association, the value of the white rice rose by 5% to $659 per ton that is the highest level since October 2008. In 2023, prices soared by about 38%.
According to the World Bank, rice price will increase by 6% in 2024.
