Mozambique Construction Material Market and Analysis Report – Opportunities and Forecast 2024-2031
Mozambique Construction Material Market is projected to grow in the years ahead driven by the increasing government investments and initiatives to improve infrastructure in the country.
Major Mozambique Construction Material Market Drivers and Emerging Trends
The construction sector in Mozambique shows one of the most robust growth prospects in Sub Saharan Africa, driven by significant investments dedicated to infrastructure upgrades which supports the rapid expansion of the country’s oil, gas, and mining industries. Construction materials manufactured in Mozambique encompass a variety of products such as metal doors and windows, bricks and blocks, among others. The selection and definition of construction materials considering factors such as type, availability in the local market, acquisition costs, necessary production technologies, and material quality significantly influence the final outcomes of construction projects.
Infrastructure investment is currently concentrated on urban centers and development corridors despite rural areas being home to two thirds of the population. To support this necessary upgrade, Mozambique intends to raise annual budget allocation by approximately 11% of its GDP to align with other nations. Analysts forecast that infrastructure spending will increase to USD 6 billion annually fueled by natural gas exports. Yet, these projections have been tempered by recent challenges including an insurgency in the northern region and the economic recession worsened by the pandemic. Additionally, the Millenium Challenge Corporation has sanctioned a USD 500 million Compact aimed at offering investments to bolster economic expansion, with the majority of these funds will be directed towards enhancing rural transportation infrastructure to strengthen connectivity and accessibility.
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The World Bank is working on the Southern Africa Free Trade and Connectivity Project which focuses on enhancing trade infrastructure along The Nacala Corridor in Mozambique, Zambia, and Malawi. This project will greatly enhance market conditions and facilitate smoother operations for international companies conducting business activities across these countries.
The government further aims to modernize Mozambique construction materials industry by establishing domestic companies equipped with advanced technologies for production. This initiative seeks to address market constraints and enhance customer satisfaction within the country. Mozambique construction materials industry comprises 807 formal companies, primarily concentrated in Maputo province which accounts for 32% of the sector with notable presence in Inhambane, Gaza, Sofala, among others.
Based on End-use, the infrastructure segment is expected to lead the market segment as there are growing initiatives to modernize and expand national infrastructure which includes road, rail, and others. The investments directed towards rehabilitating and reconstructing roads aim to improve connectivity and road safety which contributes to the infrastructure sector’s growth in the coming years.
Top Market Players
Various notable players operating in the market include Cimentos De Mocambique, Tdm (Pty) Limited, Isolmoc, Intermetal Rebar, among others.
Segments covered in the Report:
The Mozambique Construction Material Market has been segmented on the basis of Material Type and By End-use. Based on the Material Type, the market is segmented into Aggregates, Cement, Bricks and Blocks, Metals & Others. Based on the End-use, the market is segmented into Residential, Commercial, Infrastructure and Industrial.
Report Coverage |
Details |
Market Revenues (2023) |
USD Million |
Market Base Year |
2023 |
Market Forecast Period |
2024-2031 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Material Type, By End-use |
Regional Coverage | Mozambique |
Companies Profiled | Cimentos De Mocambique, Tdm (Pty) Limited, Isolmoc, Intermetal Rebar., among others; a total of 4 companies covered. |
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Market Segmentation
Mozambique Construction Materials Market by Material Type
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- Aggregates
- Cement
- Bricks and Blocks
- Metals
- Others
Mozambique Construction Materials Market by End-use
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- Residential
- Commercial
- Infrastructure
- Industrial
Mozambique Construction Materials Market Leading players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Cimentos De Moçambique
- TDM (Pty) Limited
- Isolmoc
- Intermetal Rebar
Related Reports
- Published Date: Sep- 2024
- Report Format: Excel/PPT
- Report Code: GR24AB-01-00240
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Report is shared with unlimited user (employees) of the purchasing corporation only
Mozambique Construction Material Market and Analysis Report – Opportunities and Forecast 2024-2031
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