Rabat – Morocco’s OCP Group, the world’s largest exporter of phosphates and fertilizers, reported strong results for the second quarter of 2025. 

The company recorded revenues of MAD 30.57 billion (about $3 billion), up 29% compared to the same period last year.

OCP said this growth was driven by high global fertilizer prices and strong demand in key markets, especially in Brazil and Argentina, which rely heavily on Moroccan phosphate products.

The fertilizer giant achieved revenues of MAD 52.17 billion in the first half of 2025, up 21% from the MAD 43.25 billion recorded in the first half of 2024. This performance came from higher sales volumes of phosphate rock and fertilizers, supported by firm prices across all product categories.

The group also continued its investment program, spending MAD 9.23 billion in the second quarter, slightly less than the MAD 10.45 billion spent in the same period last year. 

OCP is channeling these investments into expanding production capacity and advancing strategic projects in water management and renewable energy to strengthen its industrial flexibility and adapt to changing market conditions.

Morocco’s phosphate sector as a whole has also seen solid growth. Exports of phosphates and related products reached MAD 55.18 billion in the first seven months of 2025, a 20.9% increase compared to last year. 

According to the Exchange Office, growth was led by higher sales of raw phosphates (+56.2%), natural and chemical fertilizers (+19.3%), and phosphoric acid (+12.1%).

Morocco holds over 70% of the world’s known phosphate reserves, making it a central player in global food security. Phosphates are a key ingredient in fertilizers, which are essential for agriculture worldwide. 

Through OCP, Morocco supplies major agricultural economies like Brazil, India, and Europe, and plays a vital role in supporting food production in Africa.

In recent years, OCP has been investing in sustainable practices, including the use of renewable energy and seawater desalination, to secure its long-term production.