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Morocco’s construction industry registered minimal growth in 2018, with output growing at 0.6% in real terms; this was preceded by annual growth rates of 1.6% in 2016 and 0.7% in 2017. This slow growth can be attributed to the government’s efforts to reduce the fiscal deficit, reduced investments in commercial and industrial construction projects due to delayed payments and delays in the signing contracts between investors and the government. Overall, the industry posted minimal growth during the review period (2014–2018), registering a compound annual growth rate (CAGR) of 0.91% in real terms. Read More
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After two years of growth, the Moroccan construction sands market decreased by -5% to $4.4M in 2024. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Construction sands consumption peaked at $4.6M in 2023, and then contracted in the following year.
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Industry (including construction), value added (% of GDP) in Morocco was reported at 24.14 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Morocco - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The Moroccan market for clays for construction and industrial use expanded significantly to $320M in 2024, growing by 10% against the previous year. In general, consumption posted strong growth. Consumption of peaked in 2024 and is expected to retain growth in the near future.
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The Moroccan construction equipment blade market fell rapidly to $480K in 2024, shrinking by -30.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw pronounced growth.
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The Moroccan market for building blocks and bricks of cement, concrete or artificial stone dropped modestly to $287M in 2024, stabilizing at the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2024; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $342M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.
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The Moroccan market for granite, sandstone and other building stone fell modestly to $391M in 2024, which is down by -3.7% against the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $406M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.
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In 2024, after three years of growth, there was significant decline in the Moroccan marble building stone market, when its value decreased by -5% to $108M. In general, the total consumption indicated buoyant growth from 2012 to 2024: its value increased at an average annual rate of +5.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
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In 2024, the Moroccan granite building stone market decreased by -13.1% to $58M, falling for the second year in a row after two years of growth. Over the period under review, the total consumption indicated measured growth from 2012 to 2024: its value increased at an average annual rate of +4.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
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Morocco’s construction industry registered minimal growth in 2018, with output growing at 0.6% in real terms; this was preceded by annual growth rates of 1.6% in 2016 and 0.7% in 2017. This slow growth can be attributed to the government’s efforts to reduce the fiscal deficit, reduced investments in commercial and industrial construction projects due to delayed payments and delays in the signing contracts between investors and the government. Overall, the industry posted minimal growth during the review period (2014–2018), registering a compound annual growth rate (CAGR) of 0.91% in real terms. Read More