Mozambique Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027
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Mozambique Construction Market Report Overview
The Mozambique construction market size was $923 million in 2022. The market is projected to achieve an AAGR of more than 4% during 2024-2027. Factors such as investments in renewable energy, road, rail, education, and healthcare projects will drive the Mozambique construction market growth in the coming years.
Mozambique Construction Market Outlook, 2022-2027 ($ Million)
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The Mozambique construction market research report offers a comprehensive understanding of project types and construction activities in the country. It analyzes the mega-project pipeline, focusing on development stages, participants, and listings of major projects in the pipeline. The market report further discusses the key sectors in the construction market and their growth drivers. Along with reviewing the details of the construction projects, our analysts have elaborated on emerging trends and assessed key risks and opportunities that will influence the Mozambique construction market growth in the coming years.
Market Size (2022) | $923 Million |
AAGR (2024-2027) | >4% |
Forecast Period | 2023-2027 |
Historical Period | 2018-2022 |
Key Sectors | · Commercial Construction
· Industrial Construction · Infrastructure Construction · Energy and Utilities Construction · Institutional Construction · Residential Construction |
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Mozambique Construction Market Segmentation by Sectors
Residential construction was the leading sector in the Mozambique construction market in 2022
The key sectors in the Mozambique construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction. In 2022, the residential construction sector was followed by infrastructure construction.
Infrastructure construction: The project types in this sector include rail infrastructure, road infrastructure, and other infrastructure projects. The sector output is owing to the increase in investment in road, rail, and other transport infrastructure projects.
Residential construction: The project types in this sector include single-family housing and multi-family housing. The government’s long-term housing plans, coupled with the reconstruction of houses that were affected by the recent floods will fuel the sector growth during the forecast period.
Energy and utilities construction: The project types in this sector include electricity and power, oil and gas, telecommunications, sewage infrastructure, and water infrastructure. The investments in renewable energy, liquefied natural gas (LNG), and water infrastructure projects in the coming years will drive the sector’s growth in the coming years.
Commercial construction: The project types in this sector include leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings, and other commercial construction. Gradual rebound in tourism activities, coupled with investments in the leisure and hospitality and retail sectors are expected to boost the commercial sector’s growth over the forecast period.
Industrial construction: The project types in this sector include chemical and pharmaceutical plants; manufacturing plants; metal and material production and processing plants; and waste processing plants. Investments in electric vehicle (EV) and cement manufacturing plants, and industrial parks will drive the sector’s growth during the forecast period.
Institutional construction: The project types in this sector include educational buildings, healthcare buildings, institutional buildings, research facilities, and religious buildings. In the coming years, the market is expected to grow owing to investments in healthcare and educational sectors.
Mozambique Construction Market Analysis by Sectors, 2022 (%)
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Mozambique Construction Market - Latest Developments
- In November 2023, the Ministry of Economy and Finance, and the Saudi Development Fund signed an agreement to support the construction of public utility infrastructure in Mozambique. The deal amount will be allocated to three projects aligned with the Government’s 2020-2024 Five-Year Plan, which includes the construction and equipping of five hospitals and the development of a new dam in Muera.
- In August 2023, the President of Mozambique Filipe Jacinto Nyusi commissioned the construction of the road from Negomano to Mueda. The project is being executed in phases, with the initial works on the sections Roma – Nambungale – Mueda expected to start in the first quarter of 2024.
Segments Covered in the Report
Mozambique Construction Sectors Outlook (Value, $ Million, 2018-2027)
- Commercial Construction
- Industrial Construction
- Infrastructure Construction
- Energy and Utilities Construction
- Institutional Construction
- Residential Construction
Scope
This report provides:
- A comprehensive analysis of the construction industry in Mozambique.
- Historical and forecast valuations of the construction industry in Mozambique, featuring details of key growth drivers.
- Segmentation by sector and by sub-sector.
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors and projected spending on projects in the existing pipeline.
Reasons to Buy
- Identify and evaluate market opportunities using GlobalData’s standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData’s critical and actionable insight.
- Assess business risks, including cost, regulatory, and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
Table
Figures
Frequently asked questions
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What was the Mozambique construction market size in 2022?
The construction market size in Mozambique was $923 million in 2022.
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What will the Mozambique construction market growth rate be during the forecast period?
The construction market in Mozambique is projected to achieve an AAGR of more than 4% during 2024-2027.
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Which are the leading sectors in the Mozambique construction market?
The key sectors in the Mozambique construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction.
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Which was the leading sector in the Mozambique construction market in 2022?
Residential construction was the leading sector in the Mozambique construction market in 2022.
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