Home / Economy / Natural Disaster Annihilates 20-25% of Hazelnut Crop in 2017

Natural Disaster Annihilates 20-25% of Hazelnut Crop in 2017

This year natural disaster annihilated 20-25% of hazelnut crop, Shota Janjghava, head of Geo Demo company, told Business Course.

Similar problems arose in 2016 too and a major part of crop was lost, while the survived part was low-quality product, he said.

Last year Georgian hazelnut industry was seriously damaged. If those processes take place again, serious crisis will arise. People bear losses. Small factories do not have serious problems, but major company that have to fulfill agreements and export due volumes of hazelnut, face significant difficulties”, Shota Janjghava said.

In 2016 Geo Demo company planned to export 2 500 tons of hazelnut, but exported only 400 tons.