Agriculture In Tunisia Market Size (2024 - 2029)

Agriculture In Tunisia Market Analysis

The Agriculture In Tunisia Market size is estimated at USD 2.54 billion in 2024, and is expected to reach USD 2.99 billion by 2029, at a CAGR of 3.30% during the forecast period (2024-2029).

Agriculture is a vital economic sector in Tunisia, playing a crucial role in ensuring food security and providing employment to the workforce. As of 2023, the sector contributed 9.47% to the country's GDP, according to the World Bank. Key crops grown in Tunisia include olives, wheat, barley, tomatoes, almonds, dates, broad beans, and apples. Olive oil stands out as the most significant agricultural product due to its high export value. Tunisia ranks among the world's largest olive producers, with a production volume of approximately 1.2 million metric tons in 2022, according to data from the Food and Agriculture Organization (FAO).

The country's strategic location near Europe heavily influences its agricultural exports, with the majority directed toward European markets. This proximity has driven a surge in organic farming in Tunisia, catering to Europe's rising demand for organic products. Tunisia is the largest organic olive oil exporter to the European region, it exported about 55,717 tonnes, including 45,000 tonnes of organic olive oil as of 2022, according to an article published by the European Journal of Agriculture and Food Sciences.

Despite its strong agricultural foundation, Tunisia remains a net importer of certain products, particularly cereals and vegetables, due to limited domestic production. To address this, the Tunisian government, along with various global organizations, has implemented measures to boost agricultural output. For instance, in May 2023, the Supporting Sustainable Agriculture and Fisheries in Tunisia initiative was launched by Tunisia’s Agri Ministry. This is a European-funded program, implemented by the Italian Development Cooperation Agency and the World Food Programme, which is designed to assist small-scale producers in Tunisia. The program aims to address rising production costs and help farmers adapt to the challenges posed by climate change. These efforts aim to enhance food security and diversify the nation's economy.

Agriculture In Tunisia Industry Segmentation

Agriculture is the practice of cultivating plants and crops such as cereals, fruits, vegetables, flowers, pulses, etc., for both human and animal consumption and other uses. The Agriculture Market in Tunisia is Segmented by Type into Food Crops/Cereal, Fruits, Vegetables, and Oilseeds/Non-food Crops. The report also offers Production Analysis, Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis in the country. The report offers market size and forecast in terms of value in USD and volume in metric tons for the above-mentioned segments.