Moroccan onion producers face soaring production costs

Published 2024년 9월 16일

Tridge summary

Moroccan onion producers are facing a financial crisis due to increased production costs, including rising energy prices and foreign competition, particularly from Egypt. Despite state subsidies for seeds and fertilizers, the unsustainable costs, especially labor, are leading to significant financial strain. The rising cost of butane and irrigation challenges are further exacerbating the problem. The sector is also plagued by post-harvest losses and imbalance in the domestic market. Without immediate action to improve storage infrastructure and provide more aid to cover production costs, the future of the sector is uncertain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Onion producers in Morocco are now in a critical financial situation, the result of a steep rise in production costs. Between rising energy prices and increased foreign competition, farmers are struggling to maintain the profitability of their business. Le360 looked into the subject in its online edition on September 15, 2024. Rachid Benali, president of the Moroccan Confederation of Agriculture and Rural Development (COMADER), expressed his concern on this subject during an interview with Le360. According to him, despite state subsidies for seeds and fertilizers, costs remain unsustainable. "Certain expenses, such as labor, are incompressible and far exceed those of our competitors," he explains, specifying that the wage bill in Morocco is now three times higher than in Egypt, a country that has become a direct rival on the African market. Rising energy costs are another factor in the crisis. The price of butane, essential for many agricultural operations, has skyrocketed, ...
Source: Agrimaroc

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