Key Market Indicators
Mozambique's gas turbine imports are projected to reach approximately $41 million by 2028, a significant increase from the $31 million recorded in 2023. This marks an average annual growth rate of 4%. The demand for gas turbines in Mozambique has been steadily rising, with an average yearly increase of 0.7% since 2005. On the export front, Mozambique's gas turbine exports saw a sharp decline. In 2017, the country exported approximately $59,000 worth of gas turbines, a dramatic drop from the $386,000 recorded in 2016. This represents a staggering 85% decrease over the span of a year. The overall trend since 2005 shows a consistent annual decline in gas turbine exports, averaging a decrease of 41% each year.