Key Market Indicators
Mozambique's bread export industry is projected to decline over the next five years, according to recent data. By 2028, the value of bread exports from the country is expected to reach approximately $48,000, down from $60,000 in 2023. This represents a compound annual growth rate (CAGR) of -3.5%. Despite this forecasted decline, it is noteworthy that since 2005, Mozambique's bread supply has experienced an annual increase of 11%. In contrast, bread imports into Mozambique are on the rise. The nation's bread import value is anticipated to hit nearly $9.7 million by 2028, up from around $9 million in 2023. This corresponds to an average annual growth rate of 1.2%. Since 2005, the demand for bread imports in Mozambique has grown steadily at a rate of 1.5% per year.
