Globally the species is assessed as Least Concern by the IUCN with a decreasing population, on the grounds that it is widespread, highly adaptable and subject only to localised threats from collection, habitat degradation and pesticide use. The assessors nonetheless record that it was formerly common in the Mediterranean region and is now very rare there, and that declines across much of the north of the range may warrant specific conservation action[25]. Two things limit how much weight that assessment can carry for Morocco. The assessment date is July 2012, so it predates all the quantitative work on the Moroccan harvest, and its Moroccan content is thin. At the national level, the species is listed as Vulnerable, on a population reduction driven by declining habitat quality and by exploitation[17].
Collection for snake charming is the dominant threat, and this is the species the trade is built around. Snake hunters are estimated to take about 727 Egyptian Cobras a year in Morocco, against about 310 exhibited annually by charmers. This shortfall of more than 400 animals is attributed to mortality in transport and captivity, to illegal trade, and to sales to the antivenom laboratories[18]. The species is the scarcest in the wild and the most expensive in the trade between hunters and charmers[18]. A large specimen can fetch more than 100 USD, and according to a local snake hunter, prices have risen substantially in the last decade, a sign of the growing effort needed to find one in the wild (pers. comm.). In addition, the hunting grounds moved about 96 km south-west over the same interval, away from Marrakech and into less accessible country, which hunters would not do if the northern ground still produced. Older hunters report fewer snakes and more competitors than before[18].
The way the harvest works makes it worse than the raw numbers suggest, as hunters take the largest, most striking animals. The cobras measured in the charmers' possession averaged 136 cm snout to vent against 87 cm for the animals found randomly in the wild. The sex ratio among harvested animals is even, which means gravid females are not being released, contrary to what hunters say[18].
Four further pressures act on the population.
- Direct killing is a major threat for all snakes, and a large venomous one is particularly targeted
[25]. - Pesticides are an important threat around settlements. As cobras feed on rodents they are also exposed to secondary poisoning where rodenticides are used
[25]. - Wells, cisterns and other water structures function as pitfall traps across arid Morocco and kill reptiles in quantity
[10]. - Road mortality also affects this species, and the road network, along with the number of cars, is always increasing within the cobra’s range (pers. comm.)
Snakes are formally protected in Morocco under the implementing decree of law 29-05, category IV, but the number that may be harvested or exhibited is not restricted, and the protection has little effect on the ground[4]. Harvest management is the single conservation action the global IUCN assessment lists as needed[25]. The measures proposed for North Africa specifically include licensing hunters and charmers, capping the number of animals each may take per year, marking individuals with transponders, banning the exhibition of defanged snakes, and establishing a captive breeding programme for the Egyptian Cobra, so that charmers and the antivenom laboratories can be supplied without drawing on the wild population[18].

Egyptian Cobras (Naja haje) in Marrakech, on the Jamaa el Fna square, exploited until they die before being replaced by newly wild-caught individuals.

Wells and other water structures are deadly traps for many snakes, including the Egyptian Cobra. On our expeditions we have found more dead cobras in these man-made structures than live ones out in the open.