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Moroccan firms eye European sheep imports amid soaring domestic prices
๐Ÿ‡ฒ๐Ÿ‡ฆ Morocco /Economy & Trade

Moroccan firms eye European sheep imports amid soaring domestic prices

From Hespress · () Arabic

Translated from Arabic, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Moroccan companies are preparing to import sheep from Europe, particularly Spain, due to high domestic meat prices.
  • The Ministry of Agriculture is reportedly studying the reopening of imports, with major players already seeking suppliers.
  • This move aims to stabilize national meat prices, which have reached record highs, and ensure supply for upcoming holidays.

Moroccan companies are actively preparing to import sheep from Europe, with Spain being a primary focus, as the country grapples with soaring domestic meat prices. The Ministry of Agriculture, Maritime Fisheries, and Rural Development is reportedly considering reopening import channels, a move eagerly anticipated by major importers.

Several Moroccan firms have begun scouting the Spanish market for sheep producers and are entering into preliminary agreements to secure the largest possible number of animals for import. Representatives from these companies are inquiring about prices and the necessary logistical arrangements, signaling a potential imminent decision from the ministry and the government.

These proactive steps by industry players are seen as an effort to capitalize on the opportunity to import sheep, as the price of lamb meat has reached a record high of approximately 150 Moroccan dirhams per kilogram wholesale. Many in the red meat sector believe the government will be compelled to allow European sheep imports to address the current market situation and the decline in the national flock size following the Eid al-Adha holiday.

Sources suggest that the anticipated decision to reopen imports is part of a broader strategy to secure the national supply of sheep, especially during peak demand periods. It is also viewed as a chance to rectify the current market imbalance and ensure that the tradition of sacrificing sheep during the upcoming Eid al-Adha can be observed.

DistantNews Editorial

Originally published by Hespress in Arabic. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.