How many vegetable oil refining plants are there in Morocco?
There are 2crushing units and 5vegetable oil refining plants in Morocco. These plants accounts for crushing capacity of 620,000tons/year and a refining capacity of 770,000tons/year.
Which countries eat edible oil?
World consumption of this oil is estimated at 3.125million tons and the main consumers are EU, United States, Turkey, Morocco and Brazil ( IOC, 2022 ). World major sources of edible oils in 2020/2021 (data from USDA, 2022 ).
Should Morocco develop a local oilseed sector?
Considering their increasingly important role in society, the development of a local oilseed sector to reduce Morocco’s dependence on imports and cope with the vagaries of global markets has never been more topical in the current context of sustainable agriculture and food sovereignty.
What oilseeds are grown in Morocco?
Several annual oilseed species have been grown in Morocco: sunflower, rapeseed, groundnut, soybean, sesame and safflower. Their cultivation area has continued to decline since the 1990s following several factors, in particular the abolition of guaranteed minimum price and liberalization of the sector.
How does the oil market affect Morocco?
Morocco is directly impacted by these fluctuations given that the country imports almost its total needs in vegetable oils, oilseeds and meals. The high dependence on imported vegetable oils and oilseed products has a detrimental effect on the economy of Morocco and weighs heavily on the country’s trade balance.
How will Morocco meet its oil needs by 2030?
As regards oilseeds sector, this strategy relies on a significant increase of area from 32,500ha in 2019 to 70,000ha, by 2030. It also envisages increasing the yield from 12 to 18quintals per hectare and oil production from 38,000 to 126,000tons. As a result, Morocco aims to meet 10% of its vegetable oil needs by 2030 instead of the current 2%.