150 dirhams per liter: olive oil out of reach in Morocco

In Morocco, olive oil prices could soar this year due to several factors, including supply impacted by drought. Some oil mills are running slowly, while others have preferred to close their doors.

Olive oil in all its forms. 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% while the 1 liter bottle did not exceed 50 dirhams (4.70 euros) in 2021, reports Le Figaro. Exorbitant prices could continue this year to reach the symbolic mark of 150 dirhams (14.20 euros). Bad news for Moroccans, sixth in the world ranking of olive oil consumers.