Morocco's olive oil export policy sacrifices local consumers
The rising price of olive oil in Morocco has reached a staggering 110 dirhams per liter, yet authorities persist in an export policy that seemingly disregards the challenges faced by local consumers.
Recent data from the European Commission reveals a remarkable increase in Moroccan olive oil exports to the European Union, with figures rising from 553 tons during the same period last year to 841 tons in October and November 2024. This upswing occurs despite a significant decline in production, attributed to consecutive years of drought, which has reduced this season's harvest to a mere 90,000 tons. The question arises: has the European market taken precedence over the purchasing power of Moroccan citizens?
As families grapple with soaring prices, the state continues to supply Europe without implementing mechanisms to regulate local prices. Notably, EU imports of olive oil have dropped by 31.4% this season, presenting an opportunity to alleviate pressure on the domestic market.
Moreover, Moroccan production has sharply decreased from 145,000 tons in the 2019/2020 season to just 90,000 tons this year. If this trend persists and export remains the priority, the country may face an even graver crisis in the coming years.
In response to this predicament, many farmers are shifting towards foreign varieties like the Spanish "Arbequina," known for its high yield. However, this transition could compromise the quality of Moroccan olive oil in the long run, not to mention the environmental challenges posed by introducing these varieties amid dwindling water resources.
The pressing question remains: can Morocco continue to prioritize foreign markets while local consumers endure unprecedented price hikes? Is it not time to reassess agricultural strategies to ensure a balance between exportation and meeting local needs?
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