Moroccan factories expect Q2 lift while phosphates weigh on extractive industry

Moroccan factories expect Q2 lift while phosphates weigh on extractive industry
Thursday 4 June 2026 - 16:01

Moroccan manufacturing companies expect production to rise in the second quarter of 2026, led by food processing, chemicals, automotive activity and electrical equipment, the High Commission for Planning said.

The expected increase contrasts with a weaker outlook in extractive industries, where companies forecast lower output mainly because of an anticipated decline in phosphate production. Employers in the extractive sector also expect staffing levels to fall.

Manufacturers, by contrast, expect employment to remain broadly stable despite the projected rise in output.

The energy sector also expects production to increase in the second quarter, driven by electricity, gas, steam and air conditioning supply, though employers anticipate a drop in headcount.

Environmental industries expect output and employment to remain stable, especially in water collection, treatment and distribution.

HCP said manufacturing production was broadly stable in the first quarter, with chemical industries, electrical equipment and clothing offsetting declines in automotive activity, rubber and plastic products and metal products. Manufacturing capacity use stood at 74%.

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