Key Market Indicators
Mozambique's electrical equipment imports are projected to rise to approximately $430 million by 2028, up from around $405 million in 2023. This represents an average annual growth rate of 1%. Since 2005, the country's demand for electrical equipment has been increasing at an average rate of 1.7% per year. On the export front, Mozambique's electrical equipment shipments are expected to reach roughly $61 million by 2028, growing from about $47 million in 2023. This translates to an average annual growth rate of 4%. Since 2005, the country's supply has seen a modest annual increase of 1%.