
Oil Price Slump Sparks Hope for Lower Fuel Costs in Morocco
Oil prices are collapsing internationally, and this has been the case since March 2023. Will this downward trend have an impact on fuel prices in Morocco?

Oil prices are collapsing internationally, and this has been the case since March 2023. Will this downward trend have an impact on fuel prices in Morocco?

Orange’s rates in Morocco are high compared to those charged in other European and African countries where it offers competitive prices.

The too expensive tourist offers have pushed most Moroccans to spend their vacations in foreign countries like Spain, Italy and Portugal. Concerned, the group of progress and socialism in the House of Representatives is questioning Fatim-Zahra Ammor, Minister of Tourism, Handicrafts, Social and Solidarity Economy, on this subject.

In Morocco, several factors explain the soaring prices of sardines, which are eroding not only household purchasing power but also having a negative impact on the value chain.

According to the Passenger Air Transport Price Index (IPTAP) of the Directorate General of Civil Aviation (DGAC), air ticket prices between France and Morocco continued to fall in July.

As Morocco prepares to host major events, including the Africa Cup of Nations (CAN 2025) and the 2030 World Cup alongside Spain and Portugal, Maroc Telecom, which holds the internet monopoly, continues to provide mediocre services at very high prices.

In Nador, the prices of sardines known as the "poor man’s fish" are soaring to the great dismay of consumers. Exasperated, they are taking to social media to denounce the behavior of brokers they hold responsible for this price surge.

Maritime companies operating the links between Spain and Morocco have unexpectedly doubled the prices of boat tickets, much to the dismay of Moroccans residing abroad (MREs) who are preparing to return to their countries of residence after spending their summer holidays in Morocco.

The severe drought affecting Morocco, combined with the scarcity of rainfall, is feared to lead to a drastic drop in yields and a surge in olive oil prices that could reach 150 dirhams per liter.

In Morocco, fuel prices at service stations have continued to rise to the dismay of motorists.

Real estate asset prices fell 0.4% in the second quarter of this year, according to Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).

This year, many Moroccans residing abroad (MREs) preferred to enjoy their summer vacation in other European tourist destinations, abandoning Morocco where tourism services (hotels, restaurants and cafes) are overpriced.