Egg Prices Double in Morocco as Ramadan Approaches, Sparking Consumer Concerns

– byBladi.net · 1 min read
Egg Prices Double in Morocco as Ramadan Approaches, Sparking Consumer Concerns

Prices of consumer goods are experiencing a sharp rise a few weeks before Ramadan. After cooking oil, the price of eggs, one of the essential products of the fasting month, has simply doubled.

The price of eggs has gone from 70 cents with the supplier to 1.40 DH with retailers, recalls Al Akhbar. For Chaouki El Jirari, president of the Inter-professional Federation of the Poultry Sector (FISA), this price increase, a few days before the fasting month, is not attributable to the producers, as the price of eggs continues to decline on the farms. According to the official, only the intermediaries are behind the current rise in the price of eggs due to their profit margin.

On the farms, the unit price of the egg, depending on its size, or whether it is roumi or beldi, varies between 60 and 85 cents per unit, he specifies. The same daily newspaper argues that this surge in the price of eggs is nonsense when supply remains abundant in a country where production in this area is constantly evolving with 6.6 billion eggs produced annually.

This is what justifies the fact that fluctuations in the international market, under the effect of Covid or avian flu, have not impacted the local market, since Morocco is self-sufficient in egg production, estimates Chaouki El Jirari, quoted by the newspaper.