News

Morocco diversifies wheat suppliers in 2023

Wheat
Grains, Cereal & Legumes
Morocco
Market & Price Trends
Published Jan 10, 2024

Tridge summary

In 2023, Morocco diversified its wheat suppliers to avoid dependence on a single source and the impact of geopolitical tensions on supplies, importing 4.758 tons of soft wheat compared with 5.27 tons in 2022. France was the main supplier with 2.3 million tons, followed by Germany, Romania, Poland, and Russia, while imports from Baltic states increased and purchases from Argentina, Brazil, and Ukraine decreased. Morocco is expected to import more wheat this year due to drought prospects that will impact farming output, as it is the main staple and subsidizes bread prices.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Morocco has diversified its wheat suppliers in 2023 to avert dependence on a single source and avoid the impact of geopolitical tensions on supplies. In 2023, Morocco imported 4.758 tons of soft wheat, compared with 5.27 tons in 2022, when the war broke out in Ukraine, sending prices skyrocketing, according to Morocco’s cereals agency ONICLE. France was Morocco’s main supplier with 2.3 million tons, followed by Germany with 1.16 million tons, Romania (357k tons), Poland (284k tons) and Russia with 217k tons. Morocco has also increased imports from Baltic states and reduced purchases from Argentina, Brazil, and Ukraine. This year, Morocco is expected to import ...
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