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Tag Archives: Beer Market

2018 Beer Market Review: Nikoloz Khundzakishvili

According to the Revenue Service Statistics Georgian beer market grew by 8.3% in 2017.  101,846,540 liters of beer were consumed in 2017 in the country. Despite 8% market growth, the beer market currently is smaller than in 2014. Market shrank due to rise in excise by 50%. The rule for …

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Nikoloz Khundzakishvili: Beer Market Shrank by 3% in 2018

In 2018 Georgia beer market declined by 3%, Nikoloz Khundzakishvili, director for Natakhtari corporate affairs told Business Morning program. The market declined after the solvency of our citizens shrank and GEL exchange rate depreciated; Bad weather has also made a negative effect on sales, he said. Both domestic and imported …

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