Key Market Indicators
Mozambique's electrical equipment import is projected to reach $420 million by 2026, up from $395 million in 2021. This is an increase of 1% year on year, on average. Since 2005, demand for electrical equipment in Mozambique has decreased by 1.4% year on year. In 2021, it was ranked 105th in the world, with Armenia ahead of it at $395 million. The United States, Germany, and Singapore respectively ranked 2nd, 3rd, and 4th. Mozambique's electrical equipment export is set to reach $55 million by 2026, up from $42 million in 2021. This is an increase of 4.6% year on year, on average. Since 2005, supply of electrical equipment in Mozambique has risen 33.5% year on year. In 2021, it was ranked 91st in the world, with Mauritius ahead at $42 million. South Korea, the United States, and Germany respectively ranked 2nd, 3rd, and 4th.