In 2023, Bentonite production in Mozambique stood at 99.4 thousand metric tons. Analyzing year-on-year variations, there was a notable growth from 2021 to 2022 by 4.23%, and a comparatively modest increase of 3.98% from 2022 to 2023. This reflects an upward trend in production efforts. The compound annual growth rate (CAGR) over the last 5 years amounts to 4.54%, indicating consistent, moderate growth.
Forecasting future trends, from 2024 to 2028, the production is anticipated to increase at a 5-year CAGR of 2.86%, contributing to a total growth rate of 15.15%. This suggests that while growth will continue, it will be at a slightly decelerated pace compared to the recent historical performance.
Future trends to watch for include:
- Possible impacts of global demand fluctuations on production volumes.
- Technological advancements in mining and processing operations.
- Investment trends within Mozambique’s mining sector.
- Regulatory changes and their impact on production capacities.
