DECRYPTION – Climate change is making national production scarce. The surge in production costs is exploding the prices of this essential food of local culture, of which Moroccans are the sixth largest consumer in the world.
What is supposed to be a staple of Moroccan good manners is on the way to becoming a luxury product. In the space of a year, the price of olive oil in Morocco has exploded, going from 90 dirhams per liter (8.50 euros) to 110 dirhams (10.40 euros) or even 120 dirhams (11. 30 euros) currently, an increase which can exceed 30%. In 2021, a one-liter bottle did not exceed 50 dirhams (4.70 euros).
« There is simply no production. This is the effect of the law of supply and demand. Climate change has caused very low olive production in recent years. Drought is the cause of this situation. Even areas that do not depend on rain but on irrigation are suffering because their water supply has been reduced by half, this is a measure decided by the authorities, the dams being empty », explains Rachid Benali, president of the Moroccan Interprofessional Federation…
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