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Morocco’s Industrial Output Picks Up in June – Capacity Utilisation Reaches 78%
The June 2026 industrial survey by Bank Al‑Maghrib shows a noticeable rebound in Moroccan manufacturing, with overall production and sales rising and the capacity utilisation rate (TUC) climbing to 78%. The gains are driven by the chemicals‑and‑parachmetics and mechanical‑metal sectors, while agro‑food remains flat and textiles‑leather continues to lag.
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June Industrial Survey Highlights
Bank Al‑Maghrib (BAM) conducted its monthly industrial questionnaire from 1‑28 July 2026, achieving a 60 % response rate. The results indicate a rebound in overall output, with the capacity utilisation rate (TUC) recorded at 78 %.
Sector‑by‑Sector Production
- Chemicals & Parachmetics: Production rose.
- Mechanical & Metallurgy: Production rose.
- Agricultural Food: Production remained flat.
- Textile & Leather: Production contracted.
Sales Performance
Sales increased across all sectors except textile & leather, where they held steady. Growth was observed in both domestic and export markets.
Orders and Order‑Backlog
Overall orders stayed roughly unchanged. Notably, orders grew in agricultural food and mechanical‑metallurgy, but fell in chemicals‑parachmetics and textile‑leather. Order‑books were below the normal level, except in agro‑food and mechanical‑metallurgy where they were considered normal.
Outlook for the Next Three Months
Industrialists expect production and sales to rise in all sectors except textile & leather, where output is projected to stay flat. However, one in four companies expressed uncertainty about future activity.
Source: Bank Al‑Maghrib (BAM)