Morocco Pharma Market

Economy

Gross Domestic Product (GDP) 2020:

114.725 billion USD

GDP per capita: 3009 USD

GDP growth rate: -6.29%

Gross National Income (GNI)

2019 GNI per capita: 7680 PPP USD

Gross National Income: 286 billion PPP dollars

Total foreign trade

Export:

In 2019, the total value of exports was US$30.5 billion, up from US$29.3 billion in 2018, an increase of 4.1%. (2019) Export destinations: United States ($2.2 billion), UAE ($2.1 billion), Turkey ($1.7 billion), Saudi Arabia ($1.7 billion)

Import:

In 2019, the total value of imports reached US$76.4 billion, down 6.7% from US$81.9 billion in 2018 (2019) Import source countries: China ($11.7 billion), Saudi Arabia ($5.1 billion), the United States ($5 billion), Germany ($4.22 billion).

Exchange rate

1 MAD=0.11 USD 1 USD=9.28 MAD (Update time: 2022)

Status of the pharmaceutical market

70% of Morocco's pharmaceutical market consumption is produced by local pharmaceutical companies, and the remaining 30% is mainly imported from Europe, especially France.

Currently, Morocco has nearly 40 pharmaceutical factories, 50 wholesalers and more than 11,000 pharmacies. Its drug sales channel participants include pharmaceutical factories, wholesalers, pharmacies, hospitals and clinics. Among them, 20% of medicines are sold directly through direct sales channels, that is, pharmaceutical companies complete transactions directly with pharmacies, hospitals, and clinics. In addition, 80% of medicines are sold through the medium of 50 wholesalers.

Morocco pharmaceutical industry adopts international standard quality system. The Pharmacy and Pharmaceutical Division of the Ministry of Health is responsible for overseeing the pharmaceutical industry

Morocco mainly adopts the Good Manufacturing Practice (GMP) formulated by the World Health Organization, the European Medicines Agency and the US Food and Drug Administration. Therefore, the World Health Organization has classified the Moroccan pharmaceutical industry within the scope of the European region.

In addition, even if the drug enters the Moroccan local market in the form of samples or gifts, it still needs to be marketed by government authorities. In 2018, the market value of the pharmaceutical market is $1.51 billion, and the private market is $890 million. Generic drugs account for 33% and original drugs account for 67%

TOP Pharmaceutical Company

• Afric Phar
• Bottu Pharmaceuticals
• Galenica
• Laprophan
• Amanys Pharmaceutical（Ex Saham Pharma）
• Cooper Pharma
• Pharma 5