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Country Highlights

Falkland Islands and Its Agriculture Industry

Farming has deep roots in the Falkland Islands, with agricultural land making up over 80% of the territory’s area. For generations, raising sheep for wool and meat production was a mainstay of the local economy. However, agriculture’s contribution has declined in recent decades to less than 2% of GDP.

This shift reflects the rising prominence of other industries like fishing and tourism. While wool and mutton exports remain important, generating around £8.3 million per year, their economic impact has diminished compared to larger sectors. At the same time, factors like climate change and global market forces present challenges to the viability of agriculture.

As a consulting firm with expertise in strategic planning, Ruskin Felix Consulting (RFC) has worked closely with agricultural organizations in the different. RFC consultants have provided guidance on diversification, sustainability assessments, and new revenue streams.

For Falkland Islands, one area of focus would be high-end, niche wool products—capitalizing on consumer demand for traceable, ethically-produced materials. Assisting sheep farmers with diversification into other products like premium cuts of Falklands lamb. Selling through targeted marketing emphasizing the territory’s pastoral heritage, these value-added goods have the potential to command higher prices both domestically and abroad. RFC will explore opportunities for agriculture-tourism experiences, offering visitors a glimpse of rural Falklands life.

While no longer the economic titan it once was, agriculture remains an integral part of local culture and landscape stewardship. Going forward, RFC is committed to supporting the long-term viability and diversification of this traditional industry through innovative consultation and strategic planning. With adaptive strategies, farming will continue to play an important role in the Falkland Islands for generations to come.

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Understand the macroeconomic situations that affect the global positioning of countries.

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Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

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