Agricultural products prices in Morocco is set to remain stable. Ministry of Agriculture made the announcement and said that prices of domestically produced food products have remained stable or low compared to the same period last year
“As for fruits and vegetables, wholesale prices remained low compared to the previous season, while legume prices remained stable, with the exception of lentils, due to fluctuations in the global market,” explained the ministry.
“National markets in all the regions of the Kingdom have a sufficient availability of food products to meet consumption needs. The 2020-2021 agricultural campaign was a success in terms of food production, and food products would be sufficiently abundant in terms of nationally produced food in order to meet consumer needs,” the ministry added.
National markets
Poultry prices have increased in national markets due to the effects of the COVID-19 pandemic on the service industry, especially during the total lockdown. Meanwhile, meat prices have returned to normal price levels “thanks to the successful agricultural campaign and the drop in fodder prices compared to 2020,” the ministry said.
Sugar prices are expected to remain at their usual levels despite the rise in prices on the international market. The ministry’s statement attributed the stability of sugar prices “to the development of sugar crops which cover 50% of national needs, as well as the existence of a strong professional organization and subsidies.”
Food prices around the world are at a record high amid the fallout of the COVID crisis , the UN’s Food and Agriculture Organization (FAO) has warned. The world’s vital systems are under pressure amid an energy crunch, a global supply chain crisis, and rising food prices.
Due to the ongoing global crisis, agricultural products prices have increased due to the economy’s need to rebound from the effects of the COVID-19 pandemic as well as bad weather conditions in several regions of the world.
