Qatar has very limited agriculture production, producing mostly date palms, and vegetable crops. Water constraints and unavailability of agriculture land are the major constraints in crop production in Qatar. Qatar is hoping to boost its production by setting up 1400 farms covering 45,000 acres of land in next 5 years. Most of the farms will produce vegetables and fruits, using hydroponic technology for production. Government is giving priority to production of vegetables as they are less water and soil intensive. Like other GCC countries, Qatar is also facing water scarcity problems. Production of food crops has severely gone down in last 10 years except maize. Qatar is continuously trying to increase the production of maize, but because of water constraints they are not able to achieve up to the mark.
Consumption of cereals increased by 10.72% CAGR during 2012 to 2015. This growth is met by increased imports of cereals including wheat from Brazil, United States, India and Australia. Increase in consumption is expected to increase in future. Consumption of millet, sorghum and maize has gone up rapidly from 2008 to 2015 as well. Consumption of cereals in Qatar will grow at a higher CAGR till 2022.
Qatar currently imports most of its food but trying to increase the production and cut the imports of maize, millet and sorghum. Import of all cereal crops will still increase in Qatar. Qatar is not a food export country and all the production gets consumed in the local market. Prices of sorghum, maize, barley and wheat are decreased from 2008 to 2010 though it is increased for millet in the same period.
The production and consumption of diary, and fishery and meat consumables are increasing as well in Qatar. In 2015, a local company Dar Al Rayyan Investment Co. received a license for QR 1.3 billion from the Ministry of Economic and Commerce, to augment Qatar’s domestic production of fresh and frozen poultry, by 46%. In order to increase the diary production, 4000 cows are airlifted in to Qatar by mid of 2017. The market size of these segments are expected to exhibit higher a CAGR during 2017-2022.
The impact of economic sanctions and resulting blockades towards the movement of goods and services into Qatar since mid-2017 are considered in arriving market numbers and growth rates.
Qatar Agriculture Market is developing due to rapidly increasing tourism (normal as well as at the time of Holy festival of Ramadan), Increase in consumption, advanced technologies, low water requirement in horticulture process and government Initiatives. Qatar is also using desalination for potable drinking water, which helped the country to increase agriculture production for almost two decades. Horticulture is the new trend in agriculture production which have given boost to the production.
Qatar is a net importer of food products. Low water availability, limited rainfall, limited arable land, low production and desert storms are the biggest restraints for agriculture production in Qatar.
What the report offers:
The study identifies the situation of Qatar, and predicts the growth of its agriculture market. Report talks about agriculture production, consumption, import and export with values and market trends, government regulations, growth forecast, major companies, upcoming companies & projects, etc. Report will talk about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on its growth. The study clarifies that, currently, the Qatar agriculture segments’ import growth is high and it is set to continue its growth trends, amidst present economic sanctions against Qatar, witnessing a CAGR of XX.XX% from 2017 to 2022.
Related Reports Hyperlinks:
Looking to Customize Report?