Morocco is preparing to overhaul its soft wheat import regime, with a steep customs tax scheduled for removal at the start of August.
- Current Import Tax: 170% (effective until July 31)
- Tax Removal Date: August 1
- Primary Production Hub: Casablanca-Settat region
- Market Trend: Cereal prices are currently trending downward
Customs and Import Duty Timeline
According to local media reports, Morocco’s customs authorities have provisionally restored import duties on soft wheat. The current tax rate on these imports stands at 170%, a measure that will remain in place through July 31.
The government is expected to lift this customs tax starting August 1, signaling a shift in the import strategy for the grain.
Regional Production Strength
While import taxes fluctuate, domestic production remains a critical component of the national food supply. The Casablanca-Settat region, described as a true national granary, is projected to produce nearly 30% of Morocco’s total cereal output.
Market Outlook
These regulatory shifts come amid a broader trend in the agricultural market, where cereal prices have begun to trend downward.
