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Production Index Surges 10.8%: March Growth & Latest Data


Morocco’s Phosphate Sector Plays a Key Role in Extractive Industry Growth in 2025

Rabat, Morocco – Morocco’s phosphate sector is significantly boosting the nation’s extractive industry in 2025, according to a recent report by the Directorate of Studies and Financial Forecasts (DEPF) under the Ministry of Economy and Finance. The sector’s strong performance is marked by increased production and exports, solidifying Morocco’s key role in the global phosphate market.

Extractive Sector Production Surges

The production index of Morocco’s extractive sector experienced a notable increase of 10.8% at the end of March 2025. This follows a consolidation of 28.6% in the previous year, indicating sustained positive momentum. rock phosphate production,a major component of the sector,rose by 11.9%, building on a 32.1% increase from the prior year.

Did You Know? Morocco holds over 70% of the world’s phosphate reserves, making it a critical player in global fertilizer production [[1]], [[3]].

Phosphate and Derivatives Exports on the Rise

The export turnover of the OCP group, a major player in the phosphate industry, reached approximately 27.7 billion dirhams by the end of April 2025, reflecting a 12.3% increase. This growth is attributed to a significant gratitude in rock phosphate exports, which surged by 48.5%, contrasting with a 20.7% drop the previous year.Shipments of phosphate derivatives also improved, rising by 9.3%.

Morocco’s exports of phosphates and derivatives jumped 18.2% year-on-year to MAD 20.3 billion ($2 billion) in the first quarter, driven by higher global prices [[2]].

Other Mining Extractions Contribute to Growth

In addition to the strong performance of the phosphate sector, sales abroad of other mining extractions increased by 15.7% in the first four months of 2025. This growth was primarily driven by the performance of copper (+24%) and lead (+35%).

Morocco’s Phosphate Sector: Key Metrics

Metric Change
Extractive Sector production Index +10.8%
Rock Phosphate Production +11.9%
OCP Group Export turnover +12.3%
Rock Phosphate Exports +48.5%
Phosphate Derivatives Shipments +9.3%

Pro Tip: Keep an eye on global fertilizer prices, as they directly impact Morocco’s phosphate export revenue.

The state-owned phosphate mining and production company, Office Chérifien des Phosphates (OCP), has control over just over 70% of the world’s phosphate reserves and a global market share of 31% [[1]].

What impact will Morocco’s phosphate production have on global food prices in the coming year? How can other nations diversify their fertilizer sources to mitigate reliance on a single supplier?

Evergreen Insights: The importance of Phosphate

Phosphate is a non-renewable resource essential for agriculture. It is a key component in fertilizers, which are vital for ensuring global food security. As the world’s population continues to grow, the demand for phosphate is expected to increase, making countries with significant reserves, like Morocco, increasingly critically important.

OCP’s $14 Billion Investment is strengthening Morocco’s role. Without enough phosphate, plants can’t thrive, which poses a risk to food security worldwide [[3]]. The company not only meets local needs but also exports fertilizers globally, significantly boosting agricultural productivity.

Frequently Asked Questions About Morocco’s Phosphate Industry

Disclaimer: This article provides facts about Morocco’s phosphate industry and is not intended as financial or investment advice.

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