15 Hrs
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تونزي تيليغراف
Algeria and Morocco vie for wheat imports
The wheat market in North Africa is facing increasing challenges due to rising global prices and growing demand for shipments, especially with both Algeria and Morocco re-entering the market actively. Algeria has issued an international tender to buy 50,000 tons of soft wheat, with purchase quantities exceeding 500,000 tons at prices ranging between $319 and $321 per ton. Meanwhile, Morocco has resumed importing wheat after a pause since June, purchasing from European markets at high prices. These developments are impacting Tunisia, which relies heavily on wheat imports, with an estimated need of about 1.8 million tons for 2026-2027. The pressure on its import bill is mounting due to soaring prices, transportation, insurance costs, and energy prices, all of which pose further challenges to financing and the national budget.
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