فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
After years of continuous price increases, signs of relief are on the horizon that will ease the burden on Moroccan households and bring olive oil prices back to reasonable levels, after the price per liter exceeded 100 dirhams for a long period.
All indicators show that this olive harvest season will be historic, with production expected to reach 200,000 tons, a new record surpassing the previous highest production registered during the 2009 and 2010 seasons, which did not exceed 160,000 tons.
This remarkable success is attributed to two main factors: first, the improved weather conditions in the five main olive-producing regions, following the end of a long drought cycle; second, the maturity of the 250,000 hectares planted under the Green Morocco Plan for several years, which contributed to a significant increase in yield.
With this anticipated abundance in production, prices are expected to logically decrease, especially as production will exceed the national consumption estimated at around 140,000 tons. The surplus will be exported, allowing sufficient quantities to be available in the local market, and Moroccan consumers are expected to see the price of a liter of olive oil return to about 50 dirhams, a reasonable price that will help alleviate the financial pressure on families.
