Chicken prices have seen a drop in recent days due to the circumstances surrounding Eid Al-Adha. This drop in prices has been observed for about a month, after a period of unprecedented increases which affected the sector during Ramadan.
According to professional sources, chicken prices in poultry farms vary between 12 and 13 dirhams per kilo. Once in the markets, prices vary between 16 and 17 dirhams per kilogram.
These same sources explained that the decrease in demand for chicken before Eid Al-Adha was behind this drop. Indeed, during this period, people were busy buying Aid mutton, noting that overall consumption has fallen by around 30% in the past two weeks.
Chicken prices had risen sharply during Ramadan, reaching up to 25 dirhams per kilogram. This situation had aroused the indignation of consumers who complained of the high prices of red and white meats but also of food products in general.
Prior to Ramadan, the domestic market had seen a steady rise in poultry feed prices, which led to “ astronomical increases of the price of chicken, explained the professionals, which had led the government to organize several meetings to try to overcome this crisis.
With the arrival of Eid al-Adha, the demand for poultry has decreased significantly, while the demand for meat is increasing, accounting for the largest share of consumption during this religious and social occasion.
Mustapha Al Mountassir, President of the National Association of Poultry Meat Producers, said that ” prices are currently stable in all national markets due to Eid al-Adha, with a significant drop compared to previous months“.
In a statement to MoroccoLatestNewsAl Mountassir pointed out that “ the production cycle has returned to its normal level after the previous disturbances, but this is not the main factor in the drop in prices“.
He also noted that ” the decline in demand is the fundamental reason that led to the decrease in poultry prices in general“. Our interlocutor clarified that “food prices remain high on the national market, with only a 6% drop“, noting that ” prices will remain stable in the coming days before Eid Al-Adha and could fall further due to weak demand for chicken, especially after the sacrifice of sheep by Moroccan families“.