In 2025, Georgia imported 94,900 tons of refined sugar, valued at 153.7 million Lari (56 million USD). The average price of sugar dropped 9% from 1.69 Lari in the first quarter to 1.55 Lari by the fourth quarter, reflecting a stable market trend. The sugar import market is dominated by a few key companies, with the top 10 controlling 91% of imports and the top 3 accounting for 46%.
European Union countries, particularly France and Poland, dominate Georgia’s sugar imports, holding 30% and 29% of the market share, respectively. Other key importers include the Netherlands (18%), Belgium (8%), and Ukraine (7%). Price differences between countries show that the Netherlands has the highest average price at 1.68 Lari, while Ukrainian sugar is the cheapest at 1.50 Lari.
Despite being a moderately concentrated market, with an HHI of 1057, there is still healthy competition. The relatively low concentration of market share indicates that consumers benefit from price fluctuations, although reliance on imports makes Georgia vulnerable to changes in global trade and prices.
Looking ahead, Georgia’s sugar market will likely continue to be influenced by European suppliers, with price movements being key to both business and consumer strategies. Market stability remains a priority, with careful monitoring of international import trends.
