QATAR AGRICULTURE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)
Qatar Agriculture Market Analysis:
The Qatar Agriculture Market is projected to grow from USD 162.08 million in 2023 to USD 211.53 million by 2028, with a Compound Annual Growth Rate (CAGR) of 5.47% during the forecast period (2023–2028).
As per the Qatar News Agency, the Ministry of Municipality has reported that Qatar has achieved several of its food security policy goals in 2021. The local vegetable output has increased from approximately 66,000 metric tons to over 103,000 metric tons, resulting in a 41 percent self-sufficiency rate. By 2023, the local vegetable self-sufficiency rate is expected to reach 70%. Currently, local dates are 86 percent self-sufficient, and by 2023, it is anticipated that this percentage will rise to 95 percent.
Qatar mostly relies on imports to meet its domestic cereal demand. Major exporters of cereals to Qatar include Brazil, the United States, India, and Australia. The country is striving for self-sufficiency in agricultural products by encouraging its farmers to adopt advanced farming techniques. In contrast, the vegetable segment in the country is robust, with tomato, pumpkin, eggplant, cabbage, cucumber, onion, and cauliflower being the most grown vegetables in Qatar.
In 2022, Qatar Charity will distribute and install dozens of solar-powered irrigation units for internally displaced farmers in northern Syria with its “Support Vegetable Value Chain” project. The project aims to support 200 summer vegetable farmers with necessary agricultural inputs such as fertilizers, pesticides, and drip irrigation networks. It also aims to provide agricultural guidance on the best means to achieve the highest level of vegetable production at the lowest costs, give remunerative profits to the farmers, and provide vegetables at the lowest prices in the market. Therefore, several factors, such as the increase in adoption of advanced farming technologies, conducive government policies supporting domestic crop production, and a highly active local supply system, are driving market growth in the country.
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