Since we have entered the second half of 2024, sector specialists have begun to warn about a notable increase in the cost of olive oil in Moroccowhich could leave this essential product out of reach for many.
According to the forecasts of professionals in the sector, The price per liter of olive oil could be 150 Moroccan dirhams, which would represent a significant increase compared to current prices. This anticipated increase is due to several factors, among which are:
- The prolonged drought that is affecting agricultural areas, considerably reducing production.
- Large investors who acquire the crops of small producers before they are ripe, which ends up causing a monopolization of the market.
Experts point out that this increase in prices will have negative repercussions for low-income consumers, who might have difficulty acquiring this essential food. In addition, they warned that the prolongation of this situation could generate job losses and an increase in unemployment rates in the sector.
Well then: The warning about how it will affect consumers has already begun to be noticed on the networks. And one of the first complaints about the price of olive oil in Morocco unexpectedly involves the situation in Spain.
In the subreddit dedicated to Morocco, this week the user Relative_Effect has removed the hornet’s nest with a message titled: “While Spain sells olive oil as if it were water, Morocco sells it to us like liquid gold!” And below he shows an image of a supermarket during his visit to Spain where bottles of olive oil are sold at 26.40 and 35.90 euros.
Price of olive oil in Spain
“I can’t believe if these prices are real,” writes the user in his complaint in the form of a post, “but if so, turn it off and let’s go. How is it possible that in Morocco we sell a liter for 100 dirhams (approximately 25 euros)? That means that 5 liters cost us 500 dirhams ( 125 euros) while in Spain it is sold for 250 dirhams (about 62.5 euros). That is a complete ‘what are you telling me’.”
Next, the author of this complaint gets into slightly more swampy topics: he shows in screenshot form the comment of a user who complains to him criticizing his position for not defending Moroccan olive oil. “I have begun to suspect that these types of comments are bots created by the government to keep people complacent, grateful for minimal rights.”
His general complaint has caused a mini-riot on the subreddit. Obviously, there are two factions: those who agree with him and are confused by the comparison and those who try to relax the atmosphere by adding context to the complaint to put things right.
“In Morocco we have severe drought while Spain is the world’s largest producer of olive oil“.
“The photo you took either it is fake or it is old: in Spain the price of 1 liter is also through the roof“.
“Please be careful when disclosing this information and look first for the cause. Friends, go to the countryside, observe the low production due to drought and then you will understand the basics of the law of supply and demand.”
Little by little, the dispute attenuates and those who ask for calm, not taking that photo as the absolute truth, and analyzing the entire situation well “win.” However, the latent complaint about the situation with the price of olive oil in Morocco remains, demonstrating that the threat that experts in the sector warned about is beginning to solidify.
Source: www.huffingtonpost.es
