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Manufacturing industry expects production growth in Q3-2025

09:15
Manufacturing industry expects production growth in Q3-2025
By: Sahili Aya
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Moroccan manufacturing companies anticipate an increase in production for the third quarter of 2025, according to the High Commission for Planning (HCP).

This expected growth is mainly attributed to higher activity in the food industry, chemical industry, and the manufacture of other non-metallic mineral products, while production in the automotive industry and electrical equipment manufacturing is expected to decline, the HCP noted in its quarterly business survey report covering manufacturing, extractive, energy, environmental, and construction sectors.

Regarding employment, industrial firms foresee overall workforce stability.

Extractive and energy sectors show positive signals
In the extractive industry, companies expect production to rise in Q3-2025, primarily due to increased phosphate output. Employment levels are anticipated to remain stable.

Energy production is also expected to increase, driven by the production and distribution of electricity, gas, steam, and air conditioning, although workforce numbers may slightly decrease during the quarter.

The environmental industry anticipates stable production, particularly in water collection, treatment, and distribution, with no expected changes in employment.

Supply and financial challenges
In Q2-2025, manufacturing output rose due to increased activity in the chemical industry, automotive industry, and beverage production, while production in electrical equipment and textile manufacturing declined. Order books were considered normal, and employment remained stable.

The capacity utilization rate in manufacturing was 74%. Around 39% of companies reported supply difficulties for raw materials, mainly imported goods.

Financially, 19% of business leaders described their cash flow as “difficult,” with this figure rising to nearly 30% in rubber and plastic product manufacturing.

In the extractive sector, Q2 production fell due to lower phosphate output, while product prices increased, and employment decreased. Energy production increased, prices rose, but employment declined. Environmental industry production remained stable, with normal order books and stable employment.



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