ISET-PI likes to keep tradition and cook up a New Year’s Supra Index for our readers. The Index shows the cost of a standard festive supra meal for a family of five to six people in each region of Georgia. Traditional dishes included in our calculations are: mtsvadi, satsivi (chicken in walnut sauce), khachapuri, trout, tabaka (fried) chicken, olivie salad, pkhali, cucumber&tomato salad, and for desert, fruit and gozinaki (caramelized walnuts fried in honey).
The average cost of this New Year’s supra in Georgia is 161.60GEL in December 2017, which is 8.1% higher compared to same period last year (December 2016).
The Index takes its lowest value in Guria (GEL 144.1) and the highest in Imereti (GEL 170.1). Walnuts are the most important – and expensive – ingredient of the New Year Supra. At this time of the year, the price of walnuts varies from GEL 16.50 to GEL 30.67 per kg.
Cost of Georgian New Year Supra measured in GEL
| New Year Supra | 2016 | 2017 | % change |
| Adjara | 160.8 | 166.1 | 3.3% |
| Guria | 147.5 | 144.1 | -2.3% |
| Imereti | 148.7 | 170.1 | 14.4% |
| Kakheti | 144.4 | 154.3 | 6.9% |
| Kvemo Kartli | 145.8 | 163.1 | 11.8% |
| Mtskheta-Mtianeti | 155.5 | 168.7 | 8.5% |
| Racha-Lechkhumi & Kvemo Svaneti | 150.9 | 162.8 | 7.9% |
| Samtskhe-Javakheti | 153.4 | 160.4 | 4.6% |
| Samegrelo-Zemo Svaneti | 145.1 | 159.6 | 10.0% |
| Shida Kartli | 142.4 | 166.8 | 17.1% |
Source: AGRIndex based on data provided by the Ministry of Agriculture of Georgia.
As shown above, the price of a New Year’s supra, compared to last year, has gone up in all regions of Georgia, except Guria. The reason Guria has gone down in the Index is that price of walnut is lowest (GEL 16.50) there; compared to last year, it has decreased by 34%.
ISET’s Khachapuri Index Team wishes you Merry Christmas and a Happy New Year!
More Khachapuri Index Articles
June, 2021 | Khachapuri Index Increases by 8.8%
In June 2021, the average price of cooking one Imeretian khachapuri stood at 4.28 GEL. Compared to the previous month (May 2021) the Khachapuri Index lost 1.1%. In annual terms (compared to June 2020), however, the index added 8.8%. The monthly (negative) change in the Index follows the traditional seasonal trend in fresh milk production, which peaks in June and July. In June 2021 price of cheese has decreased by 2.5% compared to the previous… Read More
May, 2021 | Food Prices Stay High
The average cost of cooking one standard Imeretian khachapuri currently stands at 4.33 GEL, which is 6.9% lower month-on-month (compared to April 2021), and 5.6% higher year-on-year (compared to May 2020). The main contributor to the price change is a seasonal decrease in the price of cheese, which fell by -13.1%, compared to the previous month (April 2021). The official estimate of annual price inflation, published by GeoStat, also shows that CPI increased by 7.7%… Read More
April, 2021 | Khachapuri Index Increases by 6%
The average cost of cooking one standard Imeretian khachapuri in April 2021 was 4.65 GEL. The Index gained 1% compared to the previous month (March 2021). Usually, at this time of year, seasonal declining trend is expected, which is largely driven by a springtime adjustment of the price of milk and milk products. However, the depreciation of the Georgian lari against the US dollar still has an upward pressure on the price of imported khachapuri… Read More
March, 2021 | Kh-Index Continues to Fall in March 2021
The Khachapuri Index kept declining in March 2021, with the average cost of cooking one standard Imeretian khachapuri reaching 4.61 GEL. This is 1.7% lower month-on-month (compared to February 2021), and 3.4% higher year-on-year (compared to March 2020). The Index lost ground in all Georgian cities and experienced the largest drop in Kutaisi (of 3.1%), which also appears to be the cheapest location. Due to the decline, the price of one standard Imeretian khachapuri in… Read More
February, 2021 | Will Wheat Price Increase Further?
In February 2021, the average cost of cooking one standard portion of Imeretian khachapuri stood at 4.69 GEL. This is 3.1% lower MoM (compared to January 2021) and 7.8% higher YoY (in comparison to February of 2020). On a monthly basis, at this time of the year, a downward trend in the index is not unusual, and simply relates to the decreasing price of cheese (due to an increased seasonal supply of fresh milk). Although… Read More
