* This article was automatically translated from the Arabic version of the HIBA PRESS website *
Heba Press
A group of agricultural cooperatives decided to import Spanish oil after obtaining the necessary legal licenses from the relevant authorities.
According to information available from informed sources, the decision to import Spanish oil by the Moroccan authorities is due to the notable drop in olive production at the national level following the drought which has hit the country for 6 years.
It is estimated that Moroccan production this year only amounts to 106 thousand tonnes, and that it is expected to halve during the next season.
The decision to import olive oil from Spain compensates for the shortage experienced by the local market, in light of rumors about the significant increase in prices of this basic product among Moroccan families.
Spain is the largest olive producer in the Mediterranean region and olive production in the Iberian country is expected to reach 1.3 million tonnes this year, an increase of 52% from to last year’s production, which amounted to 853 thousand tons.
