Morocco to Surpass Egypt as North Africa’s Largest Automotive Market

Morocco is expected to dethrone Egypt as North Africa’s largest automotive market by the end of 2017, says BMI Research in its latest industry trend analysis.

Due to its geopolitical position and expertise in the field, the kingdom has established itself as a spearhead of the automotive industry on the continent, recording remarkable growth over the last ten years.

Morocco is rising up among the world’s largest car manufacturers, seducing internationally renowned investors to turn to the kingdom, a platform ideally located to flood the African and European markets.

For BMI, Morocco’s strategy is bearing fruit, expecting the kingdom to become the largest automotive market by the end of 2017, due to its positive macroeconomic fundamentals and increasing availability of cheaper, domestically-produced vehicles.