Morocco's agricultural GDP expected to drop by 14% in 2022

Morocco's agricultural GDP expected to drop by 14% in 2022
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Saturday 14 May 2022 - 23:12

The forecast estimates of the agricultural gross domestic product (GDP) foresee a maximum decrease of about 14% in 2022, said the Ministry of Agriculture, Fisheries, Rural Development and Water and Forests.

This is due to the exceptional performance recorded in the previous season 2020/2021 and the unfavorable climatic conditions of the current season, the ministry said in a statement, noting that the impact of this decline on the overall GDP should not exceed -1.7 point.

“The good forecasts of the performance of spring crops and the sectors of olives, citrus and vegetables, combined with support measures for farmers and the rural economy in general under the exceptional program to reduce the impact of the rainfall deficit, will help to offset some of the effects of the decline in production of autumn cereals to limit the impact of water deficit on the growth of the agricultural sector,” said the ministry.

Indeed, according to the same source, the agricultural season 2021/2022 recorded a rainfall that reached 188 mm at the end of April 2022, a decrease of 42% compared to the average of the last 30 years (327 mm) and 35% compared to the previous campaign (289 mm) at the same date, noting that the monitoring of satellite images of vegetation cover shows vegetation profiles that are broadly similar to the 2015-2016 crop year.

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