Sardines, a fish that has become overpriced in Morocco

In Morocco, several factors explain the surge in sardine prices, which not only erodes household purchasing power but also has a negative impact on the value chain.

A kilo of sardines costs 35 dirhams in some regions of the kingdom. The surge in sardine prices is explained by the phenomenon of climate change which has caused currents that have caused schools of sardines to move away, the law of supply and demand in coastal areas, but also a strong demand. Several industrialists in the processing of fish products plan to increase their production capacities and buy a kilo of sardines at 9 dirhams instead of 4 dirhams. As for exporters, they have opted for an increase in prices on the market in order to resell at an affordable price on the European market, around 5 euros per kilo. “Some operators surveyed point to lobbying at the ports. The price is already soaring before reaching the fish market,” reports the newspaper. Eco Inspirations“We are unable to determine the intermediary responsible for this malfunction,” laments an operator quoted by the daily.