Casablanca – Morocco continues to stand out in the European fertilizer market, solidifying its role as a key player. According to the latest data from Eurostat, the Kingdom’s fertilizer exports reached approximately $121 million in July 2024, propelling the country to second place among fertilizer suppliers to the European Union (EU), behind Russia, despite the sanctions imposed on Moscow.

This achievement marks a significant development for Morocco, which asserts itself as a reliable supplier for the EU, particularly amid geopolitical tensions. The Moroccan fertilizer sector, dominated by the Office Chérifien des Phosphates (OCP), is benefiting from the growing demand from European countries for fertilizers, as the ongoing war in Ukraine and the global energy crisis continue to disrupt traditional supply chains. Morocco’s position as the second-largest exporter to the EU reflects the effectiveness of reforms and substantial investments in the phosphate sector. With expanding production capacities, Morocco is well-positioned to meet the increased demand for fertilizers, particularly phosphates, a crucial element in global agricultural production.

Despite the EU sanctions, Russia maintains its position as the largest exporter of fertilizers to Europe. In July 2024, Russian exports reached approximately $216 million, representing a 2.2-fold increase compared to the previous month and 1.7 times the volume recorded in July 2023. This figure is the highest level of Russian exports since November 2022, when fertilizers worth $289 million were delivered to European countries. The EU’s reliance on Russian fertilizers, despite the sanctions, continues to spark debate. However, the rise of Morocco and other alternative suppliers could allow the EU to diversify its sources of supply in the coming years.

For Morocco, this situation represents a major economic opportunity. As the world’s leading exporter of phosphate fertilizers, the Kingdom is leveraging its strategic position and abundant phosphate resources to increase its revenues. These exports enable the country to strengthen its trade balance while supporting its national economy. Morocco’s fertilizer exports to Europe also serve as a strategic asset in its relations with the EU. They highlight the Kingdom’s growing importance as a reliable trade partner capable of meeting essential agricultural needs, even during times of crisis.

Morocco is increasingly establishing itself as an indispensable supplier of fertilizers for the European Union. With rising global demand and expanding production capacities, the Kingdom is well-positioned to continue playing a key role in supplying the European market. However, uncertainties surrounding global fertilizer prices and international sanctions could still weigh on the future of the sector, both for Morocco and its partners.