In Morocco, argan oil becomes an inaccessible luxury product
In Morocco, argan oil becomes an inaccessible luxury product
L’argan oil sees its price soar this year in Morocco. Once a common consumer product, it is becoming a luxury reserved for the wealthiest, a victim of its international success.
Growing demand, particularly in Europe and the United States, is pushing prices upwards, making this emblematic product of Moroccan heritage almost inaccessible for small budgets.