The national economy would have recovered by 12.6% in the second quarter of 2021, in annual variation, according to the High Commission for Planning (HCP).
This development would have been favored by a 19.3% increase in agricultural value added and a rebound of 11.7% in non-agricultural value added, attributable, in part, to the effect of the related basic adjustment. health confinement during the second quarter of 2020, indicates the HCP which has just made public its situation for Q2-2021 and prospects for Q3-2021.
The tertiary branches would have contributed 5.3 points to the evolution of GDP, instead of -1.4 point a quarter earlier, driven by the good orientation of trade, transport and catering activities, notes the same source.
Growth in secondary activities is said to have accelerated, bringing its contribution to GDP growth to + 3.5 points, instead of +0.5 points a quarter earlier.
Industrial value added would have grown by 22.8%, after + 1.6% a quarter earlier, driven by the recovery in most manufacturing branches.
Construction activities, for their part, have recovered, after having practically stagnated in the first quarter of 2021, marking an increase of 9.6%, in a context of improvement in real estate transactions.
Mining value added, on the other hand, would have slowed down in the second quarter of 2021, posting an increase of 1.2% year-on-year, after increasing by 5.2% a quarter earlier.
The deceleration in exports of raw phosphate, faced with strong competition from Asia, would have been dampened by the resilience of demand from local chemical industries.
The surge in international prices of sulfur and ammonia would have resulted in an increase in the production costs of local processing industries, but their activity would have strengthened by 4.2% year-on-year, thanks in particular to the strengthening of exports of phosphate derivatives destined for African countries and Latin America.
In this context, the production of non-metallic minerals would have increased by 3.1% in the second quarter of 2021, while that of metals would have posted an increase of 3.6%, in the wake of the continued recovery of international prices. zinc, copper and lead.
In addition, the HCP indicates that the agricultural activity would have retained its dynamism started at the beginning of the year 2021, showing an increase of 19.3% in Q2-2021.
Spring climatic conditions would have been favorable for yields above the five-year average for most crops, especially cereals with production exceeding 98 million quintals (Mqx), benefiting from a yield increase of 13.4 qx / ha, on average, compared to 2020.
The growth of other crop production is also said to have accelerated, particularly in the Sais and Middle Atlas areas, against the backdrop of a reduction in irrigation costs and more sustained industrial development of market gardening and fruit crops.
In the animal sectors, industrial valuation would have remained relatively moderate, while the improvement of plant life and the fall in livestock feed prices would have continued to support the rebuilding of the herd, after two years of severe decapitalization.
Poultry production, driven by a catching-up in domestic demand, would have been the main support for strengthening animal production, driven by a recovery of more than 21% in the quantities of broiler and turkey meat processed at the level of slaughterhouses.