Key Market Indicators
Mosotho bread imports are expected to decline significantly over the next five years. By 2028, imports are projected to fall to roughly $1.5 million, down from approximately $2.9 million in 2023. This represents an average annual decrease of 11%. The downward trend in bread imports is not new for Mosotho. Since 2008, the country's demand for imported bread has already been declining at an average rate of 7.8% per year. In contrast, Mosotho's bread exports are on the rise. By 2028, exports are forecasted to reach nearly $2 million, up from about $1.6 million in 2023. This marks an average annual growth rate of 2.8%. The upward trend in bread exports has also been ongoing. Since 2008, Mosotho's supply of bread for export has steadily increased, with an average annual growth rate of 4.5%.
