Walnut Production Industry Research

The research analyses the 2022 financial data of four leading walnut-producing companies in Georgia across Category II and Category III. The combined revenue of the analysed companies exceeds GEL 4 million, while total assets amount to GEL 70 million. Average return on assets (ROA) was 2%, while return on equity (ROE) was -72%. The report also reviews walnut production trends in Georgia: production reached 8.8 thousand tonnes in 2022, 17% above the previous year. It further covers regional production, price developments, import and export data, and key market players. The publication serves as a historical sector benchmark for businesses, investors and financial managers assessing the industry’s financial profile and market trends.