Monday , March 27 2023

The price of milk has not changed since 2014


Consumer prices for milk and dairy products remained almost stable. Rabat-Sale-Kenitra region, the first dairy zone of Morocco.

Morocco's boycott of Centrale Danone due to high prices a few months ago had serious consequences for both the company and the dairy industry. Yet, the motive for launching a boycott was unfounded because the price of milk has not increased since 2014. The information that just confirmed the HCP in a note describing the main trends that have labeled the branch over the past 10 years. Consumer prices of milk and dairy products seem to have remained almost stable since 2014, reaching an increase of 0.1% and 0.3% on average, respectively.

Stability that was established after about 4 years of annual increase. Between 2010 and 2014, the milk price index curve (see Figure 1) has increased by an average of 0.9% since 2010, especially due to an increase of 3.8%. % and 2.8%, respectively, condensed milk prices and baby formula.

In the meantime, prices of milk rose by an average of 0.7%, owing to a rise in prices of whey by 6.2% and an increase of 3.9% cheese. On the other hand, consumer prices for yoghurt and cream have remained relatively stable.

The stabilization of milk prices is the result of a sustained growth phase between 2010 and 2014. The growth of milk production has slowed since 2014, which increased from 5% in the period between 2009 and 2013 to 1.9%. 2014 to 2017

However, despite the decline in dairy products, excluding cheese and butter, during the years 2015 and 2016 that followed this moderation, the trade balance of milk and dairy products remained in deficit. The deficit was almost 640 MDH in 2017.

Morocco continues to import almost 60% of its dairy products (baby formula, UHT and powdered milk), mainly from the Netherlands (32.1%) and France (27.5%). %).

The region of Rabat-Sale-Kenitra, the first dairy zone in Morocco

From this note we can also see that the Rabat-Sale-Kenitra region is the first milk zone in the Kingdom, which produces 522 million liters of milk. They are followed by the regions of Beni Mellal-Khenifra, Casablanca-Settat and Marrakech-Safi, which produce 47% of the national production of milk.

In 2017, 2,800 milk collection centers produced a total collection capacity of more than 2.5 million liters of milk per day, processed in 122 local industrial units. It should be noted that the average dairy sector contributes an average of 5% to the volume of agricultural production and makes up 10.7% of the agricultural and food industries.

The price of milk has not changed since 2014 last modified: November 11, 2018 as per Lamia Boumehrou

Source link