Egg prices rebound in Morocco after weeks of decline and producer losses

Egg prices in Morocco are climbing again after a period of decline that caused significant financial losses for producers. The price per egg, which had fallen to around 60 cents in many areas, has now reached 80 to 90 cents, and in some markets, it is exceeding one dirham. Producers attribute this rebound to a gradual recovery in demand following a slump. Khalid Zaaim, president of the National Association of Consumer Egg Producers, explained that the market experienced an oversupply, particularly after the Eid al-Adha holiday, forcing producers to lower prices to sell their perishable stock. He noted that the cost to produce a single egg is about 90 cents, while selling prices in farms ranged between 50 and 75 cents, with some periods seeing prices as low as 40 cents. Zaaim criticized the lack of intervention to support producers who are working towards self-sufficiency for the market.

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The market experienced an oversupply, particularly after the Eid al-Adha holiday, forcing producers to lower prices to sell their perishable stock.

Consumer protection advocates, however, are raising concerns about the renewed price hikes. Nabil Saffi, head of the Moroccan Consumer Protection Organization, warned that rising prices could impact purchasing power and increase consumer anxiety. He urged regulatory bodies to intervene consistently to maintain market balance. Saffi called for ensuring sufficient supply from suppliers to stabilize prices at a level accessible to consumers while allowing producers and sellers a reasonable profit margin. He emphasized that healthy trade involves building consumer trust rather than exploiting market conditions.

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The cost to produce a single egg is about 90 cents, while selling prices in farms ranged between 50 and 75 cents, with some periods seeing prices as low as 40 cents.