# Morocco’s Phosphate Exports Hit Over $11 Billion in 2022

> Morocco's phosphate and derivatives exports reached $11.31 billion in 2022, up 43.9% year on year, driven by a 74.4% rise in the price effect. Export volumes fell 11.8% over the same period, according to the Exchange Office.

- Date: 2023-02-03 · published 2023-02-03T12:00:00.000Z
- Category: report · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/37650-morocco-s-phosphate-exports-hit-over-11-billion-in-2022
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Morocco holds about 75% of world phosphate rock reserves, so its export volumes and pricing set the global phosphate and DAP tone. The data confirms high 2022 prices, though the volume decline points to tighter physical supply.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-03-28 | [Morocco's OCP Turnover Reaches $11.28 Billion in 2022](https://feedsoft.ai/events/37182-morocco-s-ocp-turnover-reaches-11-28-billion-in-2022.md) | -5.3% | +3.7% |
| DAP | 2021-12-01 | [Morocco’s OCP Generated MAD 57,6 billion in Net Revenues](https://feedsoft.ai/events/43947-morocco-s-ocp-generated-mad-57-6-billion-in-net-revenues.md) | -0.2% | -2.6% |
| DAP | 2026-02-28 | [OCP Group Reports 17% Revenue Growth in 2025, Reaches MAD 114 Billion OCP Group Reports 17% Revenue Growth in 2025, Reaches MAD 114 Billion](https://feedsoft.ai/events/20916-ocp-group-reports-17-revenue-growth-in-2025-reaches-mad-114-billion-ocp-group.md) | +4.1% | +10.4% |
| DAP | 2021-04-22 | [Our Losing Phosphate Wager - Eos](https://feedsoft.ai/events/47919-our-losing-phosphate-wager-eos.md) | -0.1% | +7.9% |
| DAP | 2022-03-24 | [OCP Group Pays $834 million to State After “Historic” 2021 Performance](https://feedsoft.ai/events/42580-ocp-group-pays-834-million-to-state-after-historic-2021-performance.md) | 0.0% | -2.1% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2023/02/36685/moroccos-phosphate-exports-hit-over-11-billion-in-2022/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.