Moroccan Market Research
Research on the general industries:
The Moroccan economy has performed moderately well, particularly when viewed in the context of the performance of France and Spain, its two main trade partners. Although the government has successfully kept inflation low, it has been faced with the continuing problem of unemployment, an issue affecting urban youth in particular. Average disposable household incomes have risen in recent years, and this has been reflected by rising consumer spending.
According to a report dated from April 2013, the Central Bank or Bank Al Maghrib, stated in its monthly report on the economic juncture that the performance of Moroccan industry improved by 48% during the last four months.
The report investigates the feedback and predictions of Moroccan industrialists towards the performance of industrial production. The polls show that the majority of the industrialists interviewed expressed more optimism towards the growth of industrial output, whereas 24 % noticed a slow growth during the past four months.
Bank al Maghrib ascribes this slight growth to the sophistication of production means that has reached 68% last month in all industrial sectors, especially in the Electrical and Electronic industry. The capitalization on the productive capacity reached 70% for textiles and food industry.
Though the Moroccan economy depends on agriculture, industry and mining contribute about one third of the annual GDP. As a matter of fact, the composition of the Moroccan GDP can be easily represented: agriculture accounts for 14.7%, while all of the industry represents 32.8% and last but not least services reach 52.6%. In addition, textiles production employs nearly 40% of the labor force.
The report states also that the professionals predict more stability in the growth of all industrial sectors, especially food industry whose performance is expected to outpace other sectors.
As a result, the volume of industrial sales increased equally for the
The Moroccan economy has performed moderately well, particularly when viewed in the context of the performance of France and Spain, its two main trade partners. Although the government has successfully kept inflation low, it has been faced with the continuing problem of unemployment, an issue affecting urban youth in particular. Average disposable household incomes have risen in recent years, and this has been reflected by rising consumer spending.
According to a report dated from April 2013, the Central Bank or Bank Al Maghrib, stated in its monthly report on the economic juncture that the performance of Moroccan industry improved by 48% during the last four months.
The report investigates the feedback and predictions of Moroccan industrialists towards the performance of industrial production. The polls show that the majority of the industrialists interviewed expressed more optimism towards the growth of industrial output, whereas 24 % noticed a slow growth during the past four months.
Bank al Maghrib ascribes this slight growth to the sophistication of production means that has reached 68% last month in all industrial sectors, especially in the Electrical and Electronic industry. The capitalization on the productive capacity reached 70% for textiles and food industry.
Though the Moroccan economy depends on agriculture, industry and mining contribute about one third of the annual GDP. As a matter of fact, the composition of the Moroccan GDP can be easily represented: agriculture accounts for 14.7%, while all of the industry represents 32.8% and last but not least services reach 52.6%. In addition, textiles production employs nearly 40% of the labor force.
The report states also that the professionals predict more stability in the growth of all industrial sectors, especially food industry whose performance is expected to outpace other sectors.
As a result, the volume of industrial sales increased equally for the