Georgia Ethyl Alcohol 2023 Retail Prices
The retail price range for Georgia ethyl alcohol in September is between US$ 0.8 and US$ 1.2 per kilogram or between US$ 0.36 and US$ 0.54 per pound(lb). Click here to see today's prices of ethyl alcohol in Georgia
The retail price range in Lari for ethyl alcohol is between GEL 2.03 and GEL 3.04 per kilogram or between GEL 0.92 and GEL 1.38 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2023, the approximate wholesale price range for Georgia ethyl alcohol is between US$ 0.56 and US$ 0.84 per kilogram or between US$ 0.25 and US$ 0.38 per pound(lb).
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Georgia Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ethyl Alcohol from Georgia has seen a significant fluctuation over the last five years. In 2017, the price was at its highest at 2.43 US $ per kg, followed by a decrease to 2.29 US $ per kg in 2018. In 2019, the price dropped to 1.52 US $ per kg and further decreased to 1.46 US $ per kg in 2020. The price then increased slightly to 1.55 US $ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Ethyl Alcohol from Georgia will remain relatively stable in the next two years, with an estimated price of 1.55 US $ per kg in 2023 and 1.56 US $ per kg in 2024.Georgia Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Georgia has seen a significant fluctuation over the past five years. In 2016, the price was recorded at $1.79, followed by a sharp increase to $2.43 in 2017. This was followed by a slight decrease to $2.29 in 2018. In 2019, the price dropped to $1.52 and further decreased to $1.46 in 2020. The latest data shows that the import price per kilogram of Ethyl Alcohol into Georgia was $1.55 in 2021. Looking ahead, it is likely that the import price per kilogram of Ethyl Alcohol into Georgia will remain relatively stable in the next two years. We predict that the import price per kilogram of Ethyl Alcohol into Georgia will be $1.55 in 2023 and $1.56 in 2024.Export values for Georgia ethyl alcohol
The total values in export for ethyl alcohol in Georgia were US$ 748, US$ 2,730, US$ 4,145 and US$ 2,415 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Georgia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of ethyl alcohol in other countries across Europe: Georgia ethyl alcohol, Albania ethyl alcohol, Belarus ethyl alcohol, Bosnia and Herzegovina ethyl alcohol, Bulgaria ethyl alcohol, Croatia ethyl alcohol, Czech Republic ethyl alcohol, Estonia ethyl alcohol, Greece ethyl alcohol & Hungary ethyl alcohol.
Georgia ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The quantity of ethyl alcohol exported by Georgia in 2020 was 1,857 metric tonnes. In 2019 Georgia sold 1,587 tonnes of ethyl alcohol. Through 2019 alone, the interest in Georgia ethyl alcohol (processed category) has gone down, flactuating by -12.32 percent compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports increased by 41.19 pc bringing the exporter US$2.42m for the year 2019. Georgia's ethyl alcohol exports are classified as:
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
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Georgia ethyl alcohol export values
In 2019, Georgia supplied ethyl alcohol worth 2.42m USD, a contraction of -41.62% from 2018's total ethyl alcohol export of 4.145m USD. The annual change in value of Georgia ethyl alcohol between 2017 to 2018 was 51.832 per cent.
The yearly change in the amount of Georgia's ethyl alcohol exports between 2017 and 2019 was 41.19% compared to a variation of -12.32% in the period between 2018 and 2019.
Export markets for Georgia ethyl alcohol ( in '000$ )
Georgia ordered 585 tonnes of ethyl alcohol in 2019.