Morocco: towards an even stronger rise in olive oil prices

In Morocco, olive oil prices could see a significant increase this year due to the sharp drop in production caused by persistent drought and scarce rainfall.

“The price increase is inevitable and expected, given the low productivity, which means that supply does not match demand,” said an agricultural engineer. In a statement to As isHe said that olive oil is a product highly prized by Moroccans who will not fail to consume it, despite this announced price increase.