Achievement / Industry · Fertilizer
Morocco’s phosphate fertilizer reach
OCP was described by the IFC in 2023 as the world’s largest phosphate-based fertilizer producer. Morocco exported an estimated 12.4 million tonnes of phosphate fertilizers in 2024.
The full picture
Beyond the number
OCP was described by the IFC in 2023 as the world’s largest phosphate-based fertilizer producer. Morocco exported an estimated 12.4 million tonnes of phosphate fertilizers in 2024.
OCP was founded in 1920, and phosphate rock became the base for a fertilizer industry that serves farms beyond Morocco.
The IFC called OCP the world’s largest phosphate-based fertilizer producer in 2023. The USGS estimates Morocco exported 12.4 million tonnes of natural and chemical phosphate fertilizers in 2024, up from 10.9 million tonnes in 2023. This claim concerns phosphate-based fertilizer, not all fertilizer types.
Then / Now
How the story unfolded
OCP was founded.
IFC described OCP as the world’s largest phosphate-based fertilizer producer; Morocco exported about 10.9 million tonnes of phosphate fertilizers.
USGS estimates phosphate fertilizer exports rose to 12.4 million tonnes.
Across regions
Where Morocco stands
IFC 2023 report · approximate shares of named phosphate fertilizer producers
Seven companies named in the IFC comparison
- 1stMorocco~20%
- 2ndUnited States · Mosaic~15%
- 3rdSaudi Arabia · Ma’aden~6%
- 4thCanada · Nutrien~3%
- 5thRussia · PhosAgro~1%
- 6thRussia · EuroChem~1%
- 7thNorway · Yara~1%
Morocco refers to OCP. IFC’s April 2023 diagnostic names these major players and approximate shares in its discussion of the global phosphate fertilizer market. This is a comparison of named companies, not an exhaustive top-seven table; the shares do not sum to 100%. IFC separately described OCP as the largest phosphate-based fertilizer producer.
Verify it
Sources & further reading
- IFC · OCP phosphate-based fertilizer position, 2023
- IFC · named fertilizer producers and approximate shares, 2023
- USGS · Morocco mineral industry, 2024
Image credits
- Industrial park in Jorf Lasfar, Morocco: Mounir Neddi · CC BY-SA 4.0
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