Key Market Indicators
Mozambican passenger transport revenue is projected to climb to approximately $74 million by 2028, up from around $61 million in 2023. This represents an average annual growth rate of 3.2%. However, the market has faced challenges over the years. Since 2007, the Mozambican passenger transport sector has experienced an average annual decline of 7.4%. In the global ranking for 2023, Mozambique held the 51st position. Senegal surpassed Mozambique with a revenue of about $61 million. Meanwhile, Qatar, Ireland, and Russia secured the second, third, and fourth spots, respectively.
