Key Market Indicators
Mozambique's export of metal products saw a significant decline in 2023, dropping to approximately $229,000 from roughly $290,000 in 2022. This represents a decrease of 20.9% compared to the previous year. The trend has been downward over the long term, with a year-on-year decline of 17.8% since 2005. On the import side, Mozambique's metal product imports are projected to reach about $24.3 million by 2028, up from $23.3 million in 2023. This marks an annual growth rate of 0.7%. Since 2005, the country's demand for imported metal products has increased by an annual average of 0.9%.
