A recent report by Morocco’s Competition Council confirms that fuel distribution companies largely upheld their commitments under settlement agreements signed in late 2024, despite fluctuating global supply costs.
The report highlights that distributors complied with agreed measures aimed at boosting competition and price transparency in the local fuel market. This includes passing on international fuel price drops to consumers in a timely manner and clearly communicating pricing structures.
During Q4 2024, average pre-tax purchase costs stood at 9.94 dirhams per liter for diesel and 11.66 dirhams for gasoline. Retail prices dropped by 0.45 dirhams for diesel and 0.56 dirhams for gasoline. Companies adhering to the agreements represent over 86% of fuel sales and operate under free pricing at service stations.
Total fuel sales reached 2.2 billion liters, up 7.1% year-on-year. Gross profit margins declined compared to the previous quarter, indicating that companies absorbed part of the cost fluctuations to protect consumer prices.
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