UAE with high per capita food consumption, is the most promising agriculture market in GCC region. UAE cereal production is moderate till yet, but the country is still not fully self-sustain in agriculture production. UAE is still dependent on imports.
Many services have been given to farmers for production of crops. Some of the services are cultivation (free of charge), crop protection (50 percent free with the exception of general campaigns which are totally free), veterinary services and fertilizers (50 percent free). Government is giving priority to production of fruits and vegetables as they are less water and soil intensive. Depletion of agriculture land is a major constraint for UAE. Hydroponic systems are growing in UAE and companies are using them for vegetable and fruits production as this process requires less quantity of water and no land or soil. Unlike other countries UAE has increased production of Barley.
Increase in population and tourism has given boost to the increase in consumption of food crops. Future prospects in food industry are also a reason for increase in consumption. Consumption of cereals in UAE will grow at a CAGR of XX.XX % till 2020.UAE is a big importer of Cereals like Wheat, Barley, Millet, Maize and Sorghum.
Import of cereal crops like Wheat, Barley, Millet. Maize and Sorghum are going to increase as there is no production of these crops and consumption is increased. UAE is exporting fodder crops and vegetables to neighboring countries. Prices of all the crops were increased from 2009 to 2013 highest being in 2011.
UAE 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. UAE 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.
UAE 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 UAE.
What the report offers:
The study identifies the situation of UAE, and predicts the growth of its agriculture market. Report talks about Agriculture production, consumption, import and export with prices 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 UAE agriculture import growth is high as compared to the neighboring GCC nations and it is set to surpass all the Middle East nations by 2020, which is expected to grow at an expected CAGR of XX.XX% from 2014 to 2020. Lastly, the report is divided by major import & export and importing and exporting partners.