Despite the slight decline, Morocco strengthens its position among the top fertilizer exporters globally.
Morocco has solidified its status as one of the key players in the global fertilizer export market, ranking fifth worldwide in 2024, with exports valued at around $5.2 billion. Although this represents a slight decrease compared to 2022, when exports reached $5.45 billion, the kingdom has maintained a strong presence in this strategic sector.
Morocco has benefited from its vast phosphate resources and advanced industrial infrastructure, largely due to the pivotal role played by the OCP Group, one of the largest producers of phosphate fertilizers in the world. The group has continued to enhance its production and export capacities, positioning the kingdom as a crucial player in meeting international fertilizer needs and ensuring global food security.
Russia led the exports in 2024, with a value of over $13 billion, accounting for more than 22% of the global market, despite a 3% decline attributed to falling raw material prices. China followed in second place with a 14% share, exporting $8.5 billion, down from $9.7 billion in 2023.
Canada ranked third with exports valued at $6.7 billion, followed closely by the European Union at $6.6 billion, marking a 6% decrease from the previous year, thus securing fourth place with a market share of 10.9%.
The European Union stands out among major exporters as a net importer of fertilizers, with its imports exceeding its exports by $300 million in 2024. In this global context, Morocco continues to assert its position as an emerging power, combining natural capabilities with a clear developmental strategy, making the fertilizer industry a key economic driver that enhances the kingdom’s presence in international markets and supports sustainable development efforts, especially within the African continent.
