Search Results for: Moroccan

Considered a key player within the cosmetics market in north Africa, Morocco’s colour cosmetics sales holds a market estimated between MAD800 million (Moroccan dirhams) and MAD1 billion (between USD81 and USD102 million). This is according to London-based market research firm Euromonitor International’s Moroccan marketing analyst Houda Bennani.…

China’s new found taste for olive oil is growing, opening up new sales channels for olive oil producing countries and Morocco is one potential beneficiary. Morocco is the fourth largest exporter of olive oil and olives after the European Union (EU), Turkey and Tunisia, currently producing between 100,000 and 120,000 tonnes per year of which 25,000 tonnes are exported.”…

Although Morocco’s garment production industry is well established, supplying giants such as Inditex, it is investing in capacity to compete with Asian rivals and new African competition, such as from Ethiopia and Mauritius.
As part of the 2014-2020 Accelerated Industrial Plan, the Moroccan government has assigned Moroccan Dirham MAD3 billion (USD304 million) for grants between these years for industrial small-and-medium sized enterprises (SMEs) with established supply chains and sales networks.…

THE MOROCCO government is negotiating a strategic industrial partnership with China that could see Chinese investment flow into the Moroccan clothing and textile manufacturing industry. Morocco’s minister of industry, trade, investment and digital economy Moulay Hafid Elalamy is coordinating the Moroccan side in the talks.…

North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…

TOILETRIES sales in the Arab Gulf countries remain robust, an oasis of economic and political stability in a turbulent Middle East. Elsewhere in the region, the ongoing conflicts in Syria and Iraq, and the rise of the Islamic State, has seen toiletries sales plummet.…

THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

The Moroccan government has launched an investigation that could spark its imposition of temporary safeguard duties or quotas on imports of cold-rolled steel sheets and plated or coated sheets. Rabat has informed the World Trade Organisation’s (WTO) safeguards committee of its plans, which will allow fellow member countries to comment.…

THE NORTH African paint market has yet to rebound from the political and economic unrest in Libya, Tunisia and Egypt over the past three years. Demand remains sluggish compared to 2010, with many projects and government tenders on hold.

In Egypt, the 180 million litre paint market, valued at USD275 million, said Yasser Hassan, marketing and national retail sales manager, decorative department, at Jotun Paints in Cairo, dropped 10% in 2011 following the uprising against President Hosni Mubarak.…

THE MOROCCO clothing and textile industry has called on its government to work with the sector to boost exports after the release of figures showing production fell in 2013 compared to 2012. The country’s foreign exchange department (l’Office des Changes) said that the sector’s exports fell from Moroccan Dirham MAD28.2 billion (USD3.4 billion) to MAD26.3 billion (USD3.2 billion) last year.…