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Industry professionals in the Moroccan olive oil sector anticipate a notable decrease in retail prices during the current season compared to last year, citing robust production volumes and high-quality yields. Early field data suggests a strong harvest, which is expected to bolster domestic supply and positively influence market pricing across the Kingdom.
According to industry insiders, olive oil prices are projected to range between 35 and 50 Moroccan Dirhams (MAD) per liter. This downward trend is a direct result of the anticipated domestic surplus, offering relief to consumers and balancing the market after a period of higher costs during the previous season.
Preliminary estimates indicate that olive production could see a substantial rise this year, with growth rates forecasted between 40% and 80%. This increase is expected to span both rain-fed and irrigated olive groves, reinforcing optimistic outlooks for stakeholders throughout the Moroccan oils and fats value chain.
Source: LeSiteinfo.com