Investment bank Galt & Taggart, in active cooperation with the Ministry of Environmental Protection and Agriculture of Georgia, presented a study on the agricultural sector along with Georgia’s Agricultural Development Index.
The event was opened with welcome remarks by Irakli Kobakhidze, Davit Songulashvili, and Archil Gachechiladze.
“The dynamics of the index show that the agricultural sector is developing steadily year by year. This result is not accidental. It reflects a consistent policy aimed at advancing agriculture, strengthening the rural economy, and supporting local production,” said Davit Songulashvili.
According to the Minister, agribusiness is a key driver of economic development, contributing to employment, rural development, and food security. Therefore, supporting the sector remains one of the state’s top priorities.
“In recent years, state support programs have significantly expanded, processing and cold storage infrastructure has developed, and investments in the sector have increased, contributing to overall economic growth. Since the launch of state support programs, agribusiness output has grown by an average of 8% annually. In 2025, this figure reached 18 billion GEL,” the Minister noted.
He also highlighted significant growth in agri-food exports. According to Davit Songulashvili, a record USD 1.8 billion worth of agri-food products was exported from Georgia to 110 countries last year.
“The future of the sector largely depends on partnerships that bring together the state, businesses, scientists, and farmers. In this regard, we are launching an important reform involving fundamental changes to the activities of the Rural Development Agency of Georgia. Starting in April, new, qualitatively improved agricultural programs will be introduced for our farmers and other beneficiaries. Our goal is to make Georgian products competitive both locally and internationally, ensuring faster development and transformation of the sector into a modern, innovative, and high-productivity industry,” Davit Songulashvili added.
According to the research by Galt & Taggart, Georgia’s Agricultural Development Index—which combines productivity, price stability, and investment—has shown an overall positive trend between 2017 and 2024. The study also indicates that the food market is growing rapidly, reaching approximately 21.5 billion GEL in 2025, and, if current trends continue, is expected to grow to 30 billion GEL by 2030.
