Insights into Morocco's Industrial Evolution: A Comprehensive Analysis of the 2021-2022 Industrial Survey Report

The Ministry of Industry and Trade in Morocco has conducted a comprehensive report for the fiscal years 2021 and 2022, offering a detailed glimpse into the industrial sector's performance, investment patterns, employment trends, and export activities. Below is a factual summary based on the survey's findings.

Key Economic Indicators

Turnover: The industrial sector achieved a remarkable turnover of 801.5 billion Moroccan dirhams (MMDH) in 2022, signaling robust growth.

Value Added: The value added by the industrial sector surpassed 200 billion MMDH for the first time, reaching 212.4 billion MMDH in 2022.

Investment: Industrial investments amounted to approximately 33.9 billion MMDH in 2022, reflecting confidence in the sector's growth potential.

Employment: The sector employed a total of 870,759 individuals, with an 80% coverage rate by the survey, excluding service-related jobs.

Sectoral Insights

The agro-food sector led with a turnover of 184.8 billion MMDH, followed closely by the chemical and para-chemical sector at 184.4 billion MMDH, and the automotive industry at 143 billion MMDH.

In terms of production value, the chemical and para-chemical sector stood out with 182.7 billion MMDH, demonstrating the sector's significant contribution to the industrial output.

Regional Performance

The Casablanca-Settat region dominated both in turnover and production, with figures reaching 435.6 billion MMDH and 399 billion MMDH respectively.

Tanger-Tétouan-Al Hoceïma and Rabat-Salé-Kénitra also showed strong performances, contributing significantly to the sector's overall turnover and production.

Export and Capital Social

Exports accounted for 46.1% of the total industrial turnover, with the automotive and aeronautic sectors leading in export activities.

The capital social of the industrial sector revealed a predominance of national capital (71.5%), with notable foreign investment concentrated in the chemical and para-chemical, agro-food, and automotive sectors.

Employment Dynamics

The textile and clothing sector was the largest employer, accounting for 25% of the total industrial employment, highlighting its role in job creation within the economy.

Employment growth was observed across all regions, with Casablanca-Settat, Tanger-Tétouan-Al Hoceïma, and Rabat-Salé-Kénitra leading in employment figures.