Morocco restricts tomato exports due to high domestic prices

Published 2023년 3월 24일

Tridge summary

Morocco has imposed restrictions on tomato exports to control domestic prices, including a total ban from last week to Thursday, followed by a daily quota thereafter. The restrictions have disrupted the market, especially in the European Union and Britain, where traders fear loss of market share. The export restrictions come amidst higher prices due to bad weather affecting vegetable harvests in Morocco and Spain. Morocco's credibility as a stable supplier is under threat, and the country expects normal export activity to resume as production improves.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Morocco has restricted tomato exports since the end of February, with a total ban in place from last week until Thursday to lower domestic prices, the head of the country's main group of fruit and vegetable exporters said on Friday. country. Lahoucine Aderdour, head of the Federation of Moroccan Fruit and Vegetable Exporters (FIFEL), told Reuters the agriculture ministry had agreed a daily tomato export quota last month before halting all exports from March 18-22. , with a lower quota of 700 tonnes per day from Thursday. On Friday, exporters were given a quota of 1,000 tonnes, but that was less than the 1,500 tonnes they used to have, he said. Higher-priced products such as cherry tomatoes, which account for more than half of the North African country's tomato exports, are not included in the restrictions, Aderdour said. Bad weather in Morocco and Spain has disrupted vegetable harvests this year, leading to salad shortages in Europe and higher prices that helped push UK inflation ...
Source: Agrolink

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.