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Agriculture Sector’s Economic Indicators

In the first half of 2017, the total output in agribusiness sector rose by 8% year on year.

According to Ministry of Agriculture, production of primary agriculture products constituted 1.9bln GEL, up 7% year on year. A major part of output was recorded in cattle-breeding segment.

According to Geostat, national statistics service of Georgia, number of cattle has shrunk by 8% year on year, while the quantity of sheep and pigs has increased by 5% and 10% respectively. It should be noted that under Geostat methodology, growth in cattle-breeding sector implies a growth in number of cattle and poultry in the reporting period and it is a very important indicator to ensure a growth in production of animal products (meat, milk, egg). Number of cattle has shrunk because of high exports indicators.
Output after processing agriculture products in the first half of 2017 made up 2.3bln GEL, up 9% year on year. Grains and milk processing, production of strong drinks occupies an important place in the processing industry.

Increased production of strong drinks has made significant contribution to the sector growth. Strong drinks output made up 409mln GEL in the reporting period, up 33%. Dairy product output has also increased by annual 11% to 395mln GEL.