Morocco: Wholesale prices of chickpeas and lentils are falling and consumers are running rampant

Dried Lentil

Dried Chickpea

Morocco

Market & Price Trends

Published Mar 12, 2024

Tridge summary

As Ramadan approaches, cotton prices in Morocco have increased due to heightened demand, says Bouazza El Kharati, President of the Moroccan University for Consumer Rights. Conversely, the prices of chickpeas and lentils have dropped due to an oversupply. Imported chickpeas from India are now 19.5 dirhams per kilogram, down from 23-24 dirhams, and lentils from Canada are 14.5-15 dirhams per kilogram. However, local lentils are more expensive, at 25-27 dirhams per kilogram, due to decreased production.

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Original content

Bouazza El Kharati, President of the Moroccan University for Consumer Rights, said that cotton prices had risen ahead of Ramadan. He explained in a statement to "Moroccan Sahara" that citizens' rush for basic materials, the consumption of which increases during the holy month, is the main reason behind the rise in prices, not the high prices, stressing the abundant supply of these materials in the market. On the other hand, association activists confirmed that the market knows an abundance of supply of these two materials, and a decline in their prices. Saeed Farah, general secretary of the Darb Omar Traders and Professionals Association, pointed out that, for example, chickpeas imported from India were sold in the wholesale market for between 23 and 24 dirhams per kilogram, and currently they are sold for 19.5, meaning that prices have declined. This is due to “its low price in India and the abundance of the crop there,” noting that Morocco also imports chickpeas from Mexico. As ...

Source: Al Magribia