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The biggest year-on-year drop was recorded in the tobacco industry, which fell 46.2% compared to the first three months of 2023, to seven million meticais (€101,500), followed by wood and cork, which fell 39.1 %, to 39 million meticais (€565,600).
Industrial production in Mozambique fell 2.2% in the first quarter, year-on-year, to 31,135 million meticais (€451.7), according to budget execution data accessed by Lusa today. This represents 21.6% of the government’s 2024 target of 144,029 million meticais (€2,090 million).
First-quarter production is difficult to assess as it is a period of equipment maintenance, collective holidays, waiting for the arrival of raw materials, and calamities, among others, the report, based on a “sample of 337 companies.
The biggest year-on-year drop was recorded in the tobacco industry, which fell 46.2% compared to the first three months of 2023, to seven million meticais (€101,500), followed by wood and cork, which fell 39.1 %, to 39 million meticais (€565,600).
The basic metallurgical industry continues to have the largest weight, with 11,030 million meticais (€160 million), a year-on-year drop of 4.7%, followed by food, with 7,008 million meticais (€101.6 million), which fell 4.4%, and beverages, which increased 0.4%, to 5,769 million meticais (€83.6 million).
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Maputo province continued to concentrate Mozambican industrial activity, accounting for 56.8% of the total in the first quarter, followed by Nampula (23.1%) and Sofala (10.1%). On the opposite end of the spectrum are the provinces of Cabo Delgado (0.5%), Niassa and Inhambane (both with 0.1% of the total weight).
