OCP Group records 21% growth in first half of 2025
Moroccan fertilizer giant sees stronger sales driven by exports to India and Europe.
MOROCCO – Morocco’s OCP Group reported a sharp increase in sales during the first six months of 2025, supported by higher international demand and stronger export prices.
The company, a leader in phosphate-based fertilizers and plant nutrition, posted consolidated revenues of 52.16 billion dirhams (US$5.7 billion) between January and June. This marks a 21 percent rise compared to 43.24 billion dirhams (US$4.7 billion) during the same period in 2024.
OCP attributed the performance mainly to higher demand from India and continued growth in shipments to Europe. A surge in export prices also played a key role.
According to the company’s report, “The price of fertilizers on the international market has increased from $520/ton in the first half of 2024 to $589/ton in the first half of 2025.”
South America emerged as the group’s largest export destination with 26 percent of sales. Europe accounted for 21 percent, India 19 percent, and Africa 18 percent. The rest of the volumes were shipped to Asia, Oceania and North America.
Beyond exports, OCP has been investing in new facilities to strengthen its production base. In March 2025, the group launched a new phosphoric acid treatment unit with a daily capacity of 1,500 tons of phosphorus pentoxide (P₂O₅).
In July, its subsidiary Nutricrops commissioned a triple superphosphate production line at the Jorf Lasfar platform, designed to produce 500,000 tonnes annually.
The company expects these investments to support higher fertilizer volumes in the second half of the year. “Our industrial strategy remains centered on expanding production capacity to meet global demand,” a company spokesperson said.
Outlook for 2025
OCP closed the year 2024 with revenues of 96.9 billion dirhams (US$9.8 billion). With stronger sales already reported in the first half of 2025, analysts expect the group to maintain growth if current market conditions hold.
Higher sulfur prices and limited supply in global fertilizer markets have created an environment that continues to favor producers. The group’s export mix, spanning key markets across South America, Europe, India and Africa, positions it to benefit from these trends.
Industry watchers note that OCP’s ongoing projects in Morocco show its determination to remain a central player in the fertilizer trade. As one analyst remarked, “The group has taken steps to build long-term strength in production while capturing immediate gains from favorable global prices.”
With both demand and production capacity on the rise, OCP appears set to extend its lead in Africa and consolidate its position among the top four fertilizer exporters worldwide.
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