Geostat reports, that export of 6 commodities out of Georgia's TOP-10 export goods has decreased. Among them are mineral and fresh waters, which showed a 21% decrease in the first 8 months of this year compared to the previous year.
The big players on the market have negative expectations for the end of the year. They note with BM.GE, that pandemic, devalued GEL, and reduced consumers' purchasing power - are the problems that reduce sector's export and hinder development of the local market.
One of the largest holding companies in the country, Tskali Margebeli, which combines Nabeghlavi, Bakhmaro and Geo Natura, says that the crisis in the global economy is having a major impact on their export market and affect international sales.
"The economic situation is very hard in many countries, where we export our products. It has reduced Nabeghlavi exports. We have a decrease of about 20% compared to the previous year. We think that by the end of the year this figure may reach 30%," said Tinatin Makharadze.
"Aqua Geo", which combines the brands of "Sno" and "Kobi", also talks about the reduced sales and exports on the domestic market.
"I want to tell you that we have an average decline of about 25% on the domestic market. We have the same condition in terms of export. The problem is not merely pandemic, but devalued national currency as well, which affects the sales”, said Zurab Gozalishvili.
According to the General Director of "Aqua Geo", if volatility of national currency continues, it will affect imported materials, which will increase the price of products.
According to him, the matter concerns to bottles, caps, which are also imported and fluctuation of national currency affects the price.
See all the news
All
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
Putin imposes visa restrictions on citizens from 'unfriendly' countries
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
Business Leaders Council by USAID and Georgian Business
ბინების ქირის ფასი 50%-მდე გაიზარდა
DriveWealth-G&T Cooperation
"Today we are all Ukrainians"- Zurab Pololikashvili
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly
მინერალური და მტკნარი წყლის ფასები ქართულ ბაზარზე
China continues to push competitors out of the global walnut market
Moscow to Host First Meeting of Turkish & Armenian Special Envoys on Jan 14
Scientists Discover New Part of the Human Body
Turkey's Exports Soar by 33.7% to $21.5B in November
რა ხდება საკაბელო პროდუქციის ბაზარზე?
საქმის კურსი - 16.12.2021 - ღამის კოლაჟი
საქმის კურსი - 16.12.2021_17:40 / გადაცემა სრულად
#COVID19-ის ახალი შტამი: #ომიკრონი - რა სიმპტომები აქვს “ომიკრონს”?
#ForbesTalks: Interview with Oleg Ossinovski / ინტერვიუ ოლეგ ოსინოვსკისთან