Morocco has a large fertilizer industry with huge production capacity and international reach. It is one of the world’s four largest fertilizer exporters after Russia, China and Canada.

Fertilizers are generally divided into three main categories. Nitrogen fertilizer, phosphorus fertilizer, potassium fertilizer. The fertilizer market size in 2020 was approximately USD 190 billion.

Morocco has a clear advantage in the production of phosphorus fertilizers. It holds more than 70% of the world’s phosphate reserves, from which phosphorus is extracted for use in fertilizers. The element Phosphorus is necessary for the growth of all food crops, making Morocco the gatekeeper of the global food supply chain.

In fact, this applies to all plants. Unlike other finite resources such as fossil fuels, there is no substitute for phosphorus. In 2021, the global phosphorus fertilizer market was worth approximately US$59 billion. In Morocco, sector revenue was USD 5.94 billion in 2020.

The Moroccan state-owned producer, Office Chérifien des Phosphates, contributed about 20% of the kingdom’s export earnings. It is also the country’s largest employer, providing jobs for 21,000 people. Morocco will produce an additional 8.2 million tons of phosphorus fertilizer by 2026. Current production is about 12 million tons. The state-owned company recently announced a 10% increase in annual fertilizer production. This means that another 1.2 million tonnes will enter the global market by the end of the year. This greatly helps the market.

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