Morocco: Olive oil becomes a luxury product

In Morocco, olive oil will be more expensive in the coming months. At the origin of this new expected surge, several factors including the lack of water suffered by producers in irrigated areas.

Moroccans will spend more money to buy olive oil. Its price is likely to exceed 100 dirhams per liter compared to 95 dirhams per liter, currently in supermarkets, and between 80 dirhams per liter and 90 dirhams per liter in normal circuits, learns Media24 from his sources. They explain: “At this stage, we cannot say exactly what price olive oil will reach, but given the current prices for olives, the price of oil will certainly be very high.”