# Morocco Remains World’s Largest Exporter of Phosphate, Phosphoric Acid

> OCP remained the world's largest exporter of raw phosphate and phosphoric acid in 2019, though its raw phosphate market share fell from 38% to 34%. Raw phosphate exports dropped from 11 million to 9.5 million tons, partly due to lower North American orders after Nutrien closed plants.

- Date: 2020-05-06 · published 2020-05-06T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/53455-morocco-remains-world-s-largest-exporter-of-phosphate-phosphoric-acid
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower Moroccan export volumes and a shrinking market share point to tighter phosphate supply from the largest exporter, modestly supportive of phosphate prices. The effect is mostly on fertilizer markets.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-07-17 | [U.S. opens probe of phosphate fertilizer imports from Morocco, Russia](https://feedsoft.ai/events/52428-u-s-opens-probe-of-phosphate-fertilizer-imports-from-morocco-russia.md) | +1.3% | +11.1% |
| DAP | 2022-05-06 | [Morocco's Phosphate Exports Surge 83% as Global Fertilizer Prices Soar \| Bladi.net](https://feedsoft.ai/events/41742-morocco-s-phosphate-exports-surge-83-as-global-fertilizer-prices-soar-bladi-net.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 | 2021-04-05 | [Federal Register
       :: 
      Phosphate Fertilizers From Morocco and Russia](https://feedsoft.ai/events/47545-federal-register-phosphate-fertilizers-from-morocco-and-russia.md) | +2.6% | +4.5% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2020/05/70130/morocco-remains-worlds-largest-exporter-of-phosphate-phosphoric-acid/

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