Morocco Will Need More Wheat Imports as Another Drought Looms

Country: Morocco
Morocco Will Need More Wheat Imports as Another Drought Looms
01 May 2024

Morocco is facing its sixth consecutive year of drought, significantly impacting its wheat crop production. The Moroccan Confederation of Agriculture and Rural Development (Comader) predicts a wheat harvest much lower than last year's, prompting the need for increased wheat imports. Agriculture, a vital sector contributing 12% to the national GDP, has suffered due to the droughts, leading to job losses and a 13% unemployment rate in 2023. Gro Intelligence forecasts higher wheat imports for North African countries, including Morocco, in 2024/2025 to meet demand and bolster stocks amidst the drought threat. The European Commission's Joint Research Center (JRC) warns of the critical impact of prolonged drought on the Mediterranean region, with reservoir levels at historic lows and dam-filling rates averaging only 23%.

Please find original version of article below:
https://www.bloomberg.com/news/articles/2024-03-04/morocco-will-need-more-wheat-imports-as-another-drought-looms 

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