aquaculture-in-qatar-industry
Published

October 2016

Analysis of the Fisheries and Aquaculture sector in Qatar - Fishes and Invertebrates with Production, Consumption, Import and Export Data and Trends (2016 - 2021)

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With a GDP of US$ 212 billion, and a population of 2.27 million people, Qatar’s economy reflects a high reliance on oil and gas exports. This proportion was brought just under half of Qatar’s nominal GDP since 2000, but oil & gas continue to account for 92% of the Qatari government’s revenue. While diversification by way of infrastructure, construction, financial services manufacturing, etc., in combination with Qatar’s successful bid for the World Cup 2022, has worked well, the country is yet to turn its attention to its fisheries and aquaculture sector.

The market for fisheries and aquaculture in Qatar was value at US$ X million, and is expected to increase at CAGR X% over 2016-2022. The fisheries and aquaculture sector in Qatar is in its infancy. This is evident by the mass consumption of chicken and red meat by a large proportion of the country’s population, and the inappropriately small scale usage of the country’s coasts. The reasons for this is the generational shift away from seafaring ways of populations now being drawn to wealth available in other sectors, particularly oil and gas. This in turn, is perpetuated by an insufficient focus on capture or aquaculture fisheries by the Qatari government. Furthermore, there is an absence of a frozen supply chain from the port to the supermarkets in Qatar, while such a chain exists for other meat. The fishing infrastructure is severly outdated in the country. In areas like Doha, Wakra and Al Khor, the total number of boats, 50% of which are less than 40 feet in length has remained constant at 515 in the past 17 years. Another constraint includes a fee of up to US$ 137,331 to acquire a single fishing license. Desalination leads to an increase in salinity of water where fish naturally occur, further hampering the stocks in Qatari waters.

Should fisheries be taken up as an initiative by the government, it would attract numbers beyond subsistence level artisanal fishermen. This is because of an increase in population, affluence, and westernization. Increase in western population and concepts of healthy living further encourage the rationale for a domestic production of protein rich fish.

Currently, there are some small-scale Tilapia cultures being undertaken. In addition, larval production of green tiger prawns and yellowfin seabream are being utilized to enhance overly fished marine stocks. In terms of aquaculture enhancement, the government is leading an aquaculture research institute at Ras Matbekh in Al Khor. New measures of integrating aquaculture to reflect popular global demand will involve rearing of shrimp and sea bass harvests.

Qatar’s per capita consumption of fish is low in comparison to that by its peers UAE, Saudi Arabia and Oman, at X kg per capita annually. A large majority of imported fish is consumed through supermarkets, increasing in number. However, the majority of all fish finds its way to Qatari plates through traditional fish markets. Between 7-8 kgs of fresh fish and seafood (15% of this is imported) is consumed by each person per annum.

A majority of the fish is imported in the country through private enterprises: the country imports approximately 18,000 tons of fish from 22 countries, including Saudi Arabia, Oman, Vietnam, Thailand, and others. Companies looking to set up fishing and aquaculture enterprises in the country must do so through the Ministry of Environment in Qatar. Important names in the Qatar fishing industry include Qatar National Fishing Company, and a large number of small scale enterprises.

KEY DEVELOPMENTS

  • A new research centre near Al Khor has been proposed by the Qatari government at Ras Matbekh. This new research centre will have the production capacity of about 3000 per annum
  • Proactive initiatives by Elias Kountouris, Greek aquaculture expert tying up with Al Meera hypermarket is looking to strengthen food security through availability of local fish, preferably sourced from local fishermen in a consolidated way

KEY DELIVERABLES IN THE STUDY

  • Market analysis of the fisheries and aquaculture industry in Qatar, with region specific assessments and competition analysis
  • Market definition along with the identification of key drivers, restraints and opportunities
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global, regional and national scale
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares
  • Identification and analysis of the macro and micro factors that affects the market on the national scale
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
  • Insights on the major regions in which this industry is blooming and to identify the with potential
  • Analysis of various quantitative parameters like capacity of production, total energy production, consumption of energy by each sector (agriculture, domestic, private sector), etc.
  • The detailed analysis of market size (in terms of both value and volume), value-chain analysis, technologies in use, trade, government regulations, upcoming projects, forecasts of market growth and market sizes for each segments are included in the report. In addition to it, the report also explains economic conditions of the region and forecast of its current economic scenario, and effect of its current policy changes in its economy, reasons and implications on the growth of this sector.
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