# Morocco’s OCP Generated MAD 57,6 billion in Net Revenues

> Morocco's OCP Group reported net revenue of MAD 57.6 billion (US$6.45 billion) for the first three quarters of 2021, up 38% year on year. Phosphoric acid revenue rose 47% and phosphate rock sales revenue rose 25%, with higher prices offsetting lower volumes.

- Date: 2021-12-01 · published 2021-12-01T12:00:00.000Z
- Category: report · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/43947-morocco-s-ocp-generated-mad-57-6-billion-in-net-revenues
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The results confirm that phosphate prices have risen sharply and that a major exporter expects strong demand to continue into 2022. This supports higher costs for phosphate-based fertilizer and feed phosphate.

## 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 | 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 | 2023-02-03 | [Morocco’s Phosphate Exports Hit Over $11 Billion in 2022](https://feedsoft.ai/events/37650-morocco-s-phosphate-exports-hit-over-11-billion-in-2022.md) | -5.5% | -8.6% |
| DAP | 2025-09-26 | [OCP revenues climb to $5.45 billion in first half of 2025 as fertilizer demand surges](https://feedsoft.ai/events/23202-ocp-revenues-climb-to-5-45-billion-in-first-half-of-2025-as-fertilizer-demand.md) | -3.2% | -1.6% |
| DAP | 2022-10-26 | [Fitch Upgrades Outlook for Morocco’s Fertilizer Giant OCP](https://feedsoft.ai/events/39465-fitch-upgrades-outlook-for-morocco-s-fertilizer-giant-ocp.md) | -6.6% | -7.5% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2021/12/52402/moroccos-ocp-generated-mad-57-6-billion-in-net-revenues/

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