Tunisia Agriculture Market is projected to grow at a CAGR of 5.2% during the forecast period (2020-2025). The agriculture sector is of vital importance contributing to 10.37% of the total GDP of the country in 2018. In recent years, there is a growing importance for organic cultivation across the country which is supported by favorable government policies. Wheat and barley are the major cereal crops grown in the country. Olives, dates and fresh fruits are the majorly exported with the European Union is one of the key trading partners for the regional exports.
Key Market Trends
Growing Preference For Organic Farming
In Tunisia, organic cultivation is gaining prominence over the last few years. According to the Research Institute of Organic Agriculture (FiBL) statistics, the area under organic cultivation has increased from 181.07 thousand hectares 2016 to 286.62 thousand hectares in 2018. This trend is largely favored by active government policies promoting organic cultivation in the country. Since the domestic demand for organic products is less, majority of the production is exported. The majority of organic land in Tunisia is dedicated for growing olives and dates. Four certification bodies which include, IMC, LACON, ECOCERT and BCS are licensed under the Ministry of Tunisian agriculture. With an increase in the area under organic farmland and growing demand for regional organic exports, the agriculture sector in Tunisia is expected to grow during the forecast period (2020-2025).
High Regional Trade of Olives
Tunisia is one of the major producers of olives across the globe. olive cultivation plays a major role in social and economic life of Tunisia as it accounts for nearly 15% of the total value of final agricultural production in the country. Although Tunisia is a major olive producer, the domestic consumption of olive oil is relatively less and is replaced by other vegetable oils. Olives are mostly export-oriented with the European Union representing more than 50% of regional exports. The implementation of olive growing policies to increase olive plantations and improve the quality of olive oil will likely strengthen the competitiveness of it among the major exporting countries, thereby striving its market growth.
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