Oilseeds development in Morocco in the current international context

ABSTRACT

Oilseeds are grown mainly for the extraction of vegetable oils and for its by-products needed in livestock feed and in other industrial uses. The oils obtained from them are becoming a staple food used in daily cooking in several countries, and as a result the world demand is constantly increasing. This situation, combined with the exponential increase in the world population and other cyclical factors, is leading to a surge pricing, especially in importing countries. This increase in prices is fueled by soaring oil prices and disruption in supplies following Covid-19 pandemic and geopolitical tensions in the Black Sea. 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. 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.