Manufacturing production in Morocco went down 2.3% year-on-year in the first quarter of 2022, led by falls in the chemical industry (-8.6%), food (-1.3%), electrical equipment (-3.4%), rubber and plastic (-3.2%), autos (-2.6%), clothing (-1.6%) and textiles (-2.3%). source: Haut Commissariat au Plan

Industrial Production in Morocco averaged 2.59 percent from 2000 until 2022, reaching an all time high of 19.90 percent in the second quarter of 2021 and a record low of -21.40 percent in the second quarter of 2020. This page provides - Morocco Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Industrial Production in Morocco is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Manufacturing Production is projected to trend around 4.30 percent in 2023 and 6.00 percent in 2024, according to our econometric models.

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Morocco Manufacturing Production

Calendar GMT Actual Previous Consensus TEForecast
2022-03-15 10:00 AM Q4 5.1% 3.3% 7.5%
2022-06-15 10:00 AM Q1 -2.3% 5.1% 3.8%
2022-09-16 10:00 AM Q2 -2.3%

Related Last Previous Unit Reference
Industrial Production -2.30 5.10 percent Mar 2022
Changes in Inventories 49847.00 21800.00 MAD Million Dec 2021
Mining Production -10.10 -1.90 percent Mar 2022

Morocco Manufacturing Production
In Morocco, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
-2.30 5.10 19.90 -21.40 2000 - 2022 percent Quarterly
NSA, 2015=100

News Stream
Morocco Factory Output Growth Slows in Q3
Manufacturing production in Morocco rose 3.3 percent year-on-year in the third quarter of 2021, slowing from a record 19.9 percent jump in the previous quarter. Output growth eased mostly for metallurgy (16.1 percent vs 98.3 percent in Q2), rubber & plastics (7.5 percent vs 79 percent), electrical equipment (22.7 percent vs 69.7 percent), clothing (6.8 percent vs 48.9 percent); leather products (11 percent vs 32.5 percent) and furnishings (1.3 percent vs 7.2 percent). Moreover, production declined for automotive products (-11.8 percent vs 85.3 percent) and chemical products (-3.3 percent vs 0.5 percent).
Morocco Factory Output Growth at Record Pace
Manufacturing production in Morocco jumped 19.9 percent year-on-year in the second quarter of 2021, the strongest growth since at least 2000, benefiting from low base effects from the Covid-19 shock last year when output plunged 21.4 percent. Output increased in all categories, primarily for metallurgy (98.3 percent), automotive products (85.3 percent), rubber & plastic (79 percent), electronic industry (69 percent), textiles (44.3 percent), clothing (48.9 percent) and leather (32.5 percent).