(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Sep 07, 2021, 03:42 /Comserve / -- Agriculture in the United Arab Emirates With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
Agriculture in the United Arab Emirates is projected to register a CAGR of 3.2% during the forecast period (2021-2026).
As an impact of COVID-19, Agriculture in the United Arab Emirates suffered from farm labour shortage during harvesting and input supply crisis, these in turn hampered the usual production of the country. The repeated lockdowns and shutdowns of processing units affected the supply chain and limited trade movements to other countries. Moreover, lack of storage facilities led to the huge quality loss of the country's produces. As the country is renowned for luxurious resorts and tourist places, due to the worlwide lockdowns, the demand for fresh produce including cereals, fruits, and vegetables decreased rampantly during the COVID-19 pandemic.
Click Here to Download Sample Report >>
The United Arab Emirates with high per capita food consumption is the most promising agriculture market in the GCC region. The United Arab Emirates cereal production is moderate until yet, but the country is still not fully self-sustain in agriculture production. The United Arab Emirates is still dependent on imports for cereals.
According to FAO, in United Arab Emirates; cereals production in 2019 was 6,708.0 metric ton which are very minimal. Similarly, fruits production accounted for 360,598.0 metric ton and vegetables production stood at 315,098 ton in 2019. With the government been giving priority to the production of fruits and vegetables, production is showing positive growth. Hydroponics is emerging is this region due to the fact that this process requires less quantity of water and no land or soil. All these factors are driving the growth of agriculture in the United Arab Emirates.
Key Market Trends
Increasing Production of Crops Mark The Steady Growth in Agriculture
Dates are the major crop grown in The United Arab Emirates among all the crops. According to FAO, Dates lead the agricultural crop production which accounts for 323,478 metric tons in 2019. Despite various unfavorable soil & climatic factors, the production of various crops in the United Arab Emirates is increasing due to the various support from the government such as free cultivation, 50% less cost of crop protection, veterinary services, and fertilizers at 50% less cost. According to FAO, Dates with the production of 323,478 metric ton, followed by tomatoes with 72,357 metric ton, and cucumber & gherkins adds up to 73,982 metric ton in 2019, thus showing a steady growth of agriculture in the United Arab Emirates.
Request For The Sample Report Here:
Import of Major Cereals
According to ITC Trademap, the import of cereals was valued at USD 1,080,277 thousand in 2019, Increased import of cereals is due to high local consumption and a decrease in government grain stocks. Among cereals, Rice is majorly imported. The majority of United Arab Emirates rice imports are milled rice while very less percent of paddy, brown and broken rice. According to ITC Trade, India is the dominant supplier of cereals to the United Arab Emirates, holding 35.6 % share in total imports in 2019. Russian Federation was ranked second highest exporter to the UAE with 15.9 % share of total imports. This increasing import shows the growing opportunity in the United Arab Emirates.
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
Request For Full Report >> Agriculture in the United Arab Emirates
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
MENAFN07092021004694010674ID1102752722
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.