Key Market Indicators
Mozambique's import market for DC motors is projected to reach approximately $3.5 million by 2028, up from roughly $2.8 million in 2023. This growth represents a compound annual growth rate (CAGR) of 3.8%. Since 2005, the demand for DC motors in Mozambique has seen a modest average annual increase of 0.9%. In contrast, Mozambique's export market for DC motors experienced a significant decline. In 2018, exports were valued at around $4,400, a sharp drop from about $6,000 in 2017. This 26.5% decrease highlights the challenges in the export sector. Overall, since 2005, Mozambique's supply of DC motors has been on a downward trajectory, decreasing by an average of 32.2% per year.
