Fall in unit value indices in Q3-2024

Fall in unit value indices in Q3-2024
Fall in unit value indices in Q3-2024

According to a note from the High Commission for Planning, the index of import unit values ​​experienced a drop of 1.6% during the third quarter of 2024, compared to the same quarter in 2023.

The same source indicates that this variation is mainly the result of the variation in the unit values ​​of “energy and lubricants” of 13.1%, of “ industrial equipment finished products » of 4.0%, of « food, drinks and tobacco » of 4.5% and “ raw products of animal and plant origin » of 7.3%.

A variation that bodes well, especially regarding energy consumption by Moroccan companies, since this would mean that their energy bill has been reduced compared to 2023.

Read also: Imports controlled at reasonable levels

Regarding exports, the note from the High Commission for Planning (HCP) indicates an increase of 0.5% during the third quarter of 2024 compared to the same quarter in 2023.

An increase explained essentially by the increase in unit values ​​of “ semi-finished products » of 7.2% and of “ energy and lubricants » of 3.3%.

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However, it should be noted the drop in the index of unit export values ​​of “ raw products of animal and plant origin » of 11.2% and “ agricultural equipment finished products » of 11.0%, which highlights the problems facing Moroccan agriculture.

Already faced with tough international competition, fluctuations in raw material prices and climatic hazards, Morocco’s primary sector is struggling to find a calm dynamic.

Morocco

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