Key Market Indicators
Mozambique's nickel import is projected to hit $345,000 by 2028, up from $274,000 in 2023. This marks a compound annual growth rate (CAGR) of 3.6%. Since 2005, the country's demand for nickel has seen a modest annual increase of 0.7%. On the export front, Mozambique recorded $1,970 in nickel exports in 2018, a significant rise from $1,410 in 2017. This represents a year-on-year increase of nearly 40%. Since 2009, the nation's nickel supply has surged by 46% annually.
