Morocco limits the export of olive oil due to the drop in production

EPHEAGRUS. Morocco decided to limit the export of olive oil in view of the drop in olive production due to the drought suffered in the last two years, 44% lower than in 2021. According to a circular from the Moroccan Customs Administration dated last Wednesday, the export from the Maghreb country of olives in all their forms and olive oil is now included in the list of goods with quantity restrictions and "is subject to a export until December 31, 2024. Specifically, this export license is now required in the case of fresh or chilled olives, cooked or not, canned, dried, cut, and oils made with this product. Coinciding with the circular, the Moroccan Ministry of Agriculture reported in a statement that measures have been established for the marketing of olives and their derivatives "prioritizing the supply of the national market." Agriculture indicates that this fall the national production of olives is estimated at 1.07 million tons, similar to that of the previous campaign ...