# Morocco’s Phosphate and Derivative Exports Hit $8.63 Billion in September

> Morocco's phosphate and derivative exports rose nearly 67% year-on-year to MAD 91.8 billion ($8.63 billion) through September 2022, according to the DEPF. The increase was driven by higher selling prices, while export volumes of phosphate fell.

- Date: 2022-11-24 · published 2022-11-24T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/39008-morocco-s-phosphate-and-derivative-exports-hit-8-63-billion-in-september
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher phosphate export values reflect tight global phosphate supply, which keeps fertilizer costs elevated for feed-grain producers. Falling volumes alongside rising prices point to supply constraints rather than demand strength.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-09-01 | [Moroccan Phosphate Exports See Steep Decline to $4 Billion in 2023](https://feedsoft.ai/events/34432-moroccan-phosphate-exports-see-steep-decline-to-4-billion-in-2023.md) | -0.7% | +0.3% |
| DAP | 2022-12-23 | [Phosphates and derivatives: exports exceed 100 billion dirhams – Archyde](https://feedsoft.ai/events/38553-phosphates-and-derivatives-exports-exceed-100-billion-dirhams-archyde.md) | -0.4% | +0.9% |
| DAP | 2022-05-05 | [Moroccan Phosphate Exports Nearly Double, Reach $2.46 Billion in March](https://feedsoft.ai/events/41743-moroccan-phosphate-exports-nearly-double-reach-2-46-billion-in-march.md) | 0.0% | -12.2% |
| DAP | 2022-10-05 | [Phosphate Exports in Morocco Rose by A Record 68% in 2022](https://feedsoft.ai/events/39464-phosphate-exports-in-morocco-rose-by-a-record-68-in-2022.md) | -1.7% | -6.2% |
| DAP | 2022-07-07 | [Morocco’s Phosphate Sales Doubled To Reach $4.70 Billion in May](https://feedsoft.ai/events/40816-morocco-s-phosphate-sales-doubled-to-reach-4-70-billion-in-may.md) | +5.0% | +0.3% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2022/11/39179/moroccos-phosphate-and-derivative-exports-hit-8-63-billion-in-september/

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