In the leisure sector, particularly in hotels, spending grew by 16%, which was driven by non-residents’ increased spending. Non-residents’ average transaction in hotels was approximately 3 times higher compared to residents’ figure this month.In March 2025, an annual increase of 38% was observed in non-cash spending in restaurants, while the average transaction stands at GEL 30. During the same period, the average non-cash transaction volume by non-residents in restaurants is almost 4 times higher than the residents’ figure.

1744887692

“As a result of joint efforts, Swiss Edelweiss has started operating in our market. The airline is a representative of one of the largest aviation holdings, which means that the interest of airlines in our country is growing. Our long-term goal is to interest such airlines within the Lufthansa Group, such as Brussels Airlines and SWISS, in the Georgian aviation market. Thus, the global aviation group Lufthansa will be almost fully represented in our market,'' said Levan Moseshvili.The airlines included in the Lufthansa Group are: Lufthansa, Eurowings, Austrian Airlines, Edelweiss, Swiss, Brussels Airline, ITA Airways, 4 of which are already operating in the Georgian aviation market."With the entry of Edelweiss Tbilisi International Airport, LUFTHANSA GROUP will be further strengthened in the Georgian aviation market and its market share will increase significantly. We are pleased that the fourth airline of our global aviation group is already operating in the Georgian aviation market," said Carsten Tsang.It was emphasized at the meeting that Germany is a strategically important direction for the Georgian market.At this stage, the 5 airlines included in the Lufthansa Group operate in the Georgian aviation market with a total of 13 frequencies, and in the summer season the number of flights will increase to 20 per week.

1744801396

As of March 2025 in Tbilisi the weighted average price of old flats has increased by 11.6% in the wide centre compared to March 2024, in the suburbs 10.2% growth was witnessed, while in the city centre the weighted average price increased only by 0.5%.In March 2025 the number of transactions in new projects in Tbilisi grew by 4.2%, with increases observed in both the primary and secondary markets. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 15.5% decrease compared to March 2024.In March 2025, in Tbilisi the number of transactions of residential flats amounted to 3,064 units, reflecting only 1.5% YoY decrease. Market size increased by 16.7% standing at USD 243 millions.In February 2025, in Tbilisi the number of transactions of residential flats amounted to 3,205 units, reflecting 8.9% YoY decrease. Market size decreased by 0.6% standing at USD 234 millions.As of February 2025 in Tbilisi the weighted average price of old flats has increased by 12.6% in the wide centre compared to February 2024, in the suburbs and city centre 6.2% and 5.9% increase was witnessed.In February 2025 the number of transactions in new projects in Tbilisi decreased by 2%. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 27.2% decrease compared to February 2024.

1744801173

As of March 2025, the number of transactions of residential flats in Batumi has increased by 5.7% to 1,233 units. The market size has increased by 4.9% standing at USD 64 millions.In March 2025, the number of transactions of newly-built flats in Batumi has increased by 12% year over year, while a 46.5% YoY decrease rate has been observed in the case of old flats.As of February 2025, the number of transactions of residential flats in Batumi has increased by 6.4% to 1,177 units. The market size has increased by 13.1% standing at USD 64 millions.

1744800952

According to the company, this increase was due to the growth in economic activity in the country and the number of new subscribers.In particular, the number of subscribers of JSC “Telasi” increased by 4.2% (31.6 thousand subscribers) compared to the same period in 2024 and amounted to 787.9 thousand subscribers, of which 705.5 thousand are individuals, and 82.4 thousand are legal entities.According to the data for January-March 2025, the total length of the company's power transmission lines amounted to 7,214 km, which was 4.4% (301 km) higher than the figure for January-March 2024 (6,913 km). The total length of the company's power transmission lines increased as a result of network development, reconstruction and modernization works.Company Telasi has published its operating results for the first quarter of 2025.

1744715331

Currently, direct regular flights from Kutaisi International Airport serve five German cities. In total, four airlines provide direct regular flights from Georgia to eight destinations in Germany. According to the Union of Georgian Airports, a total of 78,644 visitors flew to Georgia in 2024.Wizz Air is also set to resume flights to Madrid on April 29 and will introduce a new route to Lyon starting June 3. Six airlines currently operate direct regular flights to 32 destinations across 18 countries from Kutaisi International Airport, with 24 of those destinations in Europe.

1744715058

The value of export increased by 5.7% reaching USD 1 401.2 million, while the import increased by 20.1% and amounted to USD 4 217.9 million.The trade deficit equaled USD 2 816.7 million and its share in trade turnover constituted 50.1%.

1744631595

Production of barley decreased by 8.5% year-on-year set 48.4 thousand tons. Production of maize equaled 223.0 thousand tons, which is 16.8% more than in the same period of the previous year. Production of potato increased by 12.1 percent and consisted of 221.1 thousand tons. Besides, production of vegetables equaled 134.3 thousand tons, which is 5.4 percent lower compared to 2023.According to the preliminary data of 2024, average yield of barley and vegetables have been decreased compared to the previous year, besides average yield of wheat, maize and potato has been increased. According to the survey results, average yield of wheat consisted of 2.8 t/ha, average yield of barley – 2.0 t/ha, average yield of maize – 3.1 t/ha, average yield of potato – 15.6 t/ha, average yield of vegetables - 10.2 t/ha.According to the preliminary data, in 2024 sown areas of annual crops amounted to 195.7 thousand hectares, which is 4.0 percent less than the same period of the previous year. However sown area of winter crops decreased by 8.1 percent and amounted to 61.3 thousand hectares and sown areas of spring crops decreased by 2.0 percent and consisted of 134.4 thousand hectares.Sown area of maize took the biggest share in the sown areas of annual crops and equaled 71.2 thousand hectares. Sown area of wheat was 54.0 thousand hectares, sown area of barley – 24.1 thousand hectares, sown area of potato – 14.1 thousand hectares, sown areas of fodder crops – 11.2 thousand hectares, sown area of vegetables – 10.2 thousand hectares and sown areas of the remaining crops 10.9 thousand hectares.According to the preliminary data, in 2024, 243.6 thousand tons of fruit were produced in the country, which is 25.2 percent more than in the same period of the previous year. As for the distribution of fruits by species during the reference period, 89.7 thousand tons of pome fruit were produced which is 46.8 percent more than in the same period of the previous year. Production of stone fruit consisted of 77.1 thousand tons (22.0 percent higher), production of nuts – 52.4 thousand tons (14.7 percent higher), production of subtropical fruit – 16.7 thousand tons (10.7 percent lower), production of citruses – 55.4 thousand tons (decreasing by 22.7 percent), and Berries – 7.7 thousand tons (32.8 percent higher).Besides this, in 2024, 321.5 thousand tons of grapes were produced, which is 45.7 percent higher than in previous year, and 55.4 thousand tons of citrus, which is 22.7 percent lower than the previous year.

1744380576

According to the NBG survey, the share of enterprises registered in the wine sector is 0.23% of the total number of enterprises registered nationwide.As of the NBG, the wine sector in Georgia has been growing steadily over the past 10 years.In addition, the turnover of wine-producing companies increased by 11.6% between 2014 and 2023.The average turnover per operating wine enterprise was GEL 1 million in 2024, and GEL 1.1 million in 2023.

1744293222

In addition, in 2024, a total of $40.7 million worth of second-hand clothes was imported into Georgia.TOP-3 countries by importing second-hand clothing in 2024: Turkey - $17.1 million USA - $4.6 million United Arab Emirates - $3.37 million According to Geostat, in the first quarter of 2025, Georgia exported second-hand clothes worth $103.19 thousand, which was almost double the figure for the same period last year ($23.19 thousand) and has increased by $80 thousand (+344.9%).According to Geostat, in 2024, a total of $282.81 thousand worth of second-hand clothing was exported from Georgia.TOP-3 countries by exporting second-hand clothing in 2024: Armenia - $123.83 thousand Azerbaijan - $47.22 thousand Chile - $37.7 thousand

1744122254