Morocco: June sales down 11%, but market remains stable in 1H16

Morocco: June sales down 11%, but market remains stable in 1H16
Published: 28 July 2016

Tagged Under: Morocco cement consumption 

Moroccan cement sales in June declined by 10.8 per cent from 1,164,837t in June 2015 to 1,039,383t, according to the Ministry of Housing and City Policy.

Sales in the first half of 2016 edged up 1.7 per cent to 7,460,834t from 7,337,161t in 1H15.

Gains were reported across the country in 1H16 although Beni Mellal-Khenifra, Draa-Tafilalet and Guelmim-Oued Noun saw their regional markets contract by 12, 8.3 and 9.5 per cent, respectively. At the other end of the spectrum the largest rise in sales was recorded in Dakhla-Oued Ed-Dahab where 34,484t of sales represent a YoY rise of 85 per cent. Casablanca-Settat followed with a much more modest increase of 5.3 per cent to 1,687,275t and in Marrakech-Safi deliveries rose by 4.2 per cent to 979,817t.