The advantages of planting argan trees in Mallorca for the commercial production of argan oil
Increasing drought and low water availability are two key challenges facing agriculture in Mallorca. In this context, planting argan trees proves to be an extremely promising solution. Argan trees, known for their absolute drought resistance and rapid growth, offer not only ecological benefits but also economic opportunities. After just five years of production, these plants can deliver high-quality argan oil, with prices on the market ranging from 200 euros to 250 euros per liter.
Since this tree species originally comes from the Sahara, the argan tree is adapted to extreme drought and sometimes 11 consecutive dry months without rain. The Mediterranean climate, especially in Mallorca, is optimal for this tree, especially since there is usually twice as much rain here as in the Sahara regions, where this tree is originally native!
Conclusion
Planting argan trees in Mallorca for commercial use and production of argan oil offers a variety of benefits. Their absolute drought resistance, rapid growth, early production phase, high prices for argan oil, low maintenance and low water consumption make them an attractive option for farmers and investors. By taking advantage of these advantages, farmers in Mallorca can not only benefit from the ecological benefits, but also build economically successful companies that contribute to the sustainable development of the region.
Current market prices for argan oil
The prices for argan oil have been rising steeply for years due to high demand – and sales are currently expected to increase by around 12.5% per year. Prices of €100 (Spain) to €200 (Italy) per liter of argan oil are currently paid on the market. Due to the immense demand, it can be assumed that these prices will continue to rise sharply. The entire production is usually sold out at top prices shortly after the harvest season.
Even higher prices per kilo can be achieved through organic production and in cosmetic quality or through small quantity sales. Sales packs with just 50 milliliters of argan oil sometimes fetch prices of up to 40 euros, which corresponds to a liter price of over 800 euros (!).