Morocco Boosts Wheat Imports as Market Prices Stabilize

Published 2025년 2월 7일

Tridge summary

Morocco has increased its wheat imports due to weak rainfall leading to a significant drop in cereal production, resulting in a strategy to source wheat from various countries, including France, Romania, Germany, Russia, Poland, and the United States. The country's total cereal production was down 43% compared to the previous season, with soft wheat production estimated at 17.5 million quintals, durum wheat at 7.1 million, and barley at 6.6 million. Despite the higher volume of imports, the import bill decreased by 7.9%. Morocco has also imported over 222,000 tons of wheat from Russia, more than twice the amount from the same period in 2023.

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Original content

With the stability of its prices on international markets, Morocco has increased its wheat imports and is keeping at least a three-month stock, said Abdelkader Alaoui, the president of the National Federation of Mills. According to the official data issued by the Office of Exchange, imports of that grain reached close to 63 million quintals in 2024, up from 59 million last year. Despite the higher volume, the import bill dropped from MAD 19.35 billion ($1.93 billion) in 2023 to MAD 17.83 billion ($1.78 billion) in 2024, marking a 7.9% decrease. In a statement to SNRTnews, Alaoui said weak rainfall last season saw cereal production drop drastically, hence Morocco had to secure supply from various sources. Harvest figures show total cereal production at 31.2 million quintals, down 43% compared to the previous season. Soft wheat production was estimated by the Ministry of Agriculture at 17.5 million quintals, durum wheat at 7.1 million, and barley at 6.6 million. It increased ...

Source: UkrAgroConsult