# Phosphate Exports in Morocco Rose by A Record 68% in 2022

> Morocco's phosphate exports rose 68% in 2022 to MAD 78 billion ($7 billion) from MAD 46.4 billion a year earlier, the fastest growth of any Moroccan export category. The increase was attributed to higher fertilizer prices, and the Exchange Office data cited show OCP's sales strength.

- Date: 2022-10-05 · published 2022-10-05T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/39464-phosphate-exports-in-morocco-rose-by-a-record-68-in-2022
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Tight phosphate supply and high fertilizer prices raise input costs for farmers and lift phosphate fertilizer prices, which can squeeze feed margins over time.

## Read by commodity

- DAP: bullish ▲
- TSP: 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 | 2022-05-05 | [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 | 2022-11-24 | [Morocco’s Phosphate and Derivative Exports Hit $8.63 Billion in September](https://feedsoft.ai/events/39008-morocco-s-phosphate-and-derivative-exports-hit-8-63-billion-in-september.md) | -3.8% | -8.3% |
| DAP | 2021-08-23 | [OCP’s Phosphate Exports Increased by 23.8% in First Half of 2021](https://feedsoft.ai/events/45877-ocp-s-phosphate-exports-increased-by-23-8-in-first-half-of-2021.md) | +2.2% | +7.6% |
| DAP | 2020-05-06 | [Morocco Remains World’s Largest Exporter of Phosphate, Phosphoric Acid](https://feedsoft.ai/events/53455-morocco-remains-world-s-largest-exporter-of-phosphate-phosphoric-acid.md) | +0.2% | +1.3% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2022/10/40879/phosphate-exports-in-morocco-rose-by-a-record-68-in-2022/

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