Comserveonline--> Agriculture in Oman : Industry Analysis and Forecast
(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Sep 06, 2021, 05:03 /Comserve / -- Agriculture in Oman With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
Agriculture in Oman is projected to register a CAGR of 2.4% during the forecast period (2021-2026).
Agriculture in Oman has registered positive growth during the pandemic outbreak, Covid-19. Agriculture is considered the pillar of economic growth, has resulted in an immediate response from the national government to ensure food safety and security in the country. According to Oman's agriculture ministry, despite Covid-19, the agriculture and fisheries sector has seen a growth of 9.8% in 2019-2020. Hence, Oman's agriculture market has witnessed impressive growth in the pandemic period.
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Agricultural production of Oman constitutes mainly dates, vegetables and fruits, and other crops in a minor quantity. According to FAO, The total amount of agricultural land present in Oman is about 1.4 million hectares in 2019, which is 1.5% of the total land area. Oman has planted dates in 25,125 hectares of land and 61,986 hectares for all other crops that include cereals, oilseeds, vegetables, and fruits. Fruits like banana and papaya are also grown in coastal regions which accounted for 23,837 tons of production in 2018. Oman has increased its barley, sorghum and wheat production in recent years but does not produce millet, maize at all. Limited arable land and water scarcity are the prime constraints of agriculture in Oman.
Key Market Trends
Increase in Date Palm Cultivation
Date palm is the major crop grown in Oman among all the crops. It constitutes 80.0% of total fruit crops produced and 45.0% of the total agriculture area in the country. According to FAO, the country produced 372,572.0 metric ton of dates in 2019 which is approximatley 3,000 metric ton more than the previous year. The area under date cultivation increased from 25,125 hectares in 2018 to 25,382 hectares in 2019. The main reason for such a significant increase in date cultivation is due to the global demand for Oman dates and the suitable climate for the cultivation of date palm. Tomatoes and other vegetables are other major crops cultivated in Oman.
United Arab Emirates is the Major Supplier of Vegetables to Oman
Vegetable production in Oman is very low due to climate constraints and majorly depends on imports to meet its consumption demand. According to ITC Trademap, the total vegetable import in Oman was valued at USD 162,405 thousand in 2018. The major importing partners of the country are the United Arab Emirates, India, and Jordan with 34.4%, 20.7%, and 9.4% of Oman's total vegetable imports, respectively. China, Egypt, and Pakistan are some other minor suppliers of vegetables to Oman with a share of 6.8%, 5.6%, and 5.5%, respectively.
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
5 MARKET SEGMENTATION
5.1 Type (Production Analysis, Consumption Analysis by Value & Volume, Import Analysis by Value & Volume, Export Analysis by Value & Volume and Price Trend Analysis)
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