Pulses in Morocco: New quantitative export restrictions

Published 2023년 3월 2일

Tridge summary

Morocco is introducing quantitative restrictions on the export of legumes such as peas, chickpeas, beans, broad beans, and lentils to control local prices before Ramadan. The measure aims to balance supply and demand and make these foodstuffs available and affordable to local consumers. However, exporters are wary of this measure, fearing it could negatively impact the pulse industry as it recalls a historical ban in the 1970s that led to the destruction of the pulse export industry. Experts recommend removing barriers to agricultural product marketing and evaluating the efficiency of domestic marketing channels to lower the gap between producer and consumer prices, rather than imposing export restrictions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

New quantitative restrictions on the export of legumes (peas, chickpeas, beans, broad beans and lentils), which will now be subject to an export license. This measure intervenes to bring down the prices of these foodstuffs at the local market level before the month of Ramadan. According to an expert in the field, the measure to restrict pulse exports aims to guarantee their availability on the national market at affordable prices for Moroccan consumers before the month of Ramadan. This restriction is related to the law of supply and demand, by restricting exports, supply will be greater than or equal to demand, thus leading to lower prices. However, exporters are concerned about this measure, because it recalls a historical precedent where the consequences have been disastrous, communicates Le360. Indeed, the decision to ban pulse exports in the 1970s had disastrous consequences. Producers have lost their markets to Turkey, leading to the destruction of the entire pulse export ...
Source: Agrimaroc

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