Moroccoâs market dynamic
Published 01 June 2021
Pending the real estate sector recovery, cement demand in Morocco will be driven in the coming years by both major infrastructure projects and the emergence of the southern regions which are evolving into becoming top-tier economic hubs. At the moment, there is a significant increase in capacity while local operators are showing interest in exports. By Maria Iraqi and Taha Jaidi, Attijari Global Research, Morocco.
Moroccan cement demand is expected to return to pre-COVID levels by 2022,
with dynamics in the southern region particularly promising
Over the last decade, Morocco has experienced major economic developments allowing it to support regular and low volatile growth, ie above 3.5 per cent per year. Representing a value of 20 per cent of GDP, public investment has been a vital driver of economic growth. The public sector, as an instructing party, has carried out major infrastructure projects such as the modernisation of