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Morocco's red meat prices remain high, impacting consumer demand
๐Ÿ‡ฒ๐Ÿ‡ฆ Morocco /Economy & Trade

Morocco's red meat prices remain high, impacting consumer demand

From Hespress · () Arabic

Translated from Arabic, summarized and contextualized by DistantNews.

At a glance

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  • Red meat prices in Morocco remain high despite the end of the Eid al-Adha holiday.
  • Consumers are buying less meat due to reduced purchasing power and high costs.
  • A shortage of national livestock and reliance on imports contribute to the elevated prices.

Red meat prices in Morocco are stubbornly refusing to decrease, much to the disappointment of consumers who had hoped for a drop following the Eid al-Adha holiday. Wholesale markets are still reporting significant price hikes, with sheep meat exceeding 180 dirhams per kilogram and beef reaching 130 dirhams.

Red meat, especially beef, is very scarce in the national market.

โ€” Ahmed Shihab TahaExplaining the supply issues contributing to high prices.

Professionals in the red meat sector note a relative slowdown in the market over recent weeks. Consumer demand has noticeably declined as high prices erode the purchasing power of many citizens. Consequently, households are now reportedly buying red meat only for special occasions, a stark contrast to previous daily consumption patterns.

Ahmed Shihab Taha, president of the General Union of Butchers in Morocco, highlighted a scarcity of red meat, particularly beef, in the national market. He indicated that imported cattle have played a crucial role in preventing prices from rising even further. Taha mentioned that sale prices at Casablanca slaughterhouses reach 110 dirhams per kilogram, implying retail prices are even higher.

Imported cattle played a big role in preventing prices from rising more than they have.

โ€” Ahmed Shihab TahaAcknowledging the impact of imports on price stabilization.

The sustained high cost has led many consumers to avoid purchasing red meat since Eid al-Adha. This situation has caused some butcher shops to remain closed, while overall sales have plummeted. The scarcity of the national livestock herd is a significant factor, and Taha is pessimistic about any price reductions, especially for sheep meat.

This high cost has made many citizens not buy red meat since Eid al-Adha.

โ€” Ahmed Shihab TahaDescribing the effect of prices on consumer behavior.
DistantNews Editorial

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