| Product Code: ETC5081015 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s import shipments of centrifugal pumps in 2024 continued to be dominated by key exporters such as Germany, Portugal, Spain, France, and the United States of America. The market saw a significant increase in concentration levels, with a high Herfindahl-Hirschman Index (HHI) indicating strong market control. The impressive compound annual growth rate (CAGR) of 41.82% from 2020 to 2024 underscores the expanding demand for centrifugal pumps in Cape Verde. Moreover, the notable growth rate of 60.46% in 2024 alone signals a rapidly evolving market landscape with promising opportunities for both suppliers and buyers.

In the Africa region, the Centrifugal pumps market in Cabo Verde is projected to expand at a growing growth rate of 5.78% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The centrifugal pumps market in Cape Verde is driven by the country`s ongoing efforts to enhance its water supply and irrigation systems. Centrifugal pumps are widely used in various applications, including agriculture, municipal water systems, and industrial processes. With the increasing demand for reliable and efficient water management solutions, the market is experiencing growth. Challenges include the need for infrastructure development and maintenance, as well as competition from alternative pump technologies.
The Cape Verde centrifugal pumps market is primarily driven by the expanding infrastructure and industrial sectors in the region. Increased investments in water supply systems, irrigation, and wastewater treatment facilities contribute significantly to the demand for centrifugal pumps. Additionally, the growth in construction activities and the need for efficient fluid handling systems in various industries, including agriculture and manufacturing, further drive market expansion. Technological advancements in pump designs and materials, aimed at improving efficiency and durability, also play a crucial role in fostering market growth.
The Cape Verde centrifugal pumps market faces several challenges, including the high cost of importing advanced pump technologies and components. Additionally, limited local manufacturing capabilities and maintenance services can lead to increased operational costs and downtime for industries relying on these pumps. Supply chain disruptions and logistical issues, exacerbated by the geographic isolation of the islands, further complicate market dynamics. Moreover, the market struggles with a lack of skilled technicians and engineers to handle the installation and maintenance of centrifugal pumps.
In Cape Verde, government policies related to the centrifugal pumps market focus on promoting infrastructure development and water resource management. The government often provides incentives for investments in water supply and wastewater treatment projects, which directly impact the demand for centrifugal pumps. Additionally, regulations regarding water conservation and efficiency standards influence the market dynamics by encouraging the adoption of advanced and energy-efficient pump technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Centrifugal pumps Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Centrifugal pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Centrifugal pumps Market - Industry Life Cycle |
3.4 Cape Verde Centrifugal pumps Market - Porter's Five Forces |
3.5 Cape Verde Centrifugal pumps Market Revenues & Volume Share, By Pump Type, 2021 & 2031F |
3.6 Cape Verde Centrifugal pumps Market Revenues & Volume Share, By Stage, 2021 & 2031F |
3.7 Cape Verde Centrifugal pumps Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Centrifugal pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for water and wastewater treatment projects in Cape Verde |
4.2.2 Growth in the construction sector driving the need for centrifugal pumps |
4.2.3 Government initiatives and investments in infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with centrifugal pumps |
4.3.2 Limited availability of skilled labor for installation and maintenance |
4.3.3 Fluctuations in raw material prices affecting pump manufacturing costs |
5 Cape Verde Centrifugal pumps Market Trends |
6 Cape Verde Centrifugal pumps Market Segmentations |
6.1 Cape Verde Centrifugal pumps Market, By Pump Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Centrifugal pumps Market Revenues & Volume, By Overhung Impeller, 2021-2031F |
6.1.3 Cape Verde Centrifugal pumps Market Revenues & Volume, By Vertically Suspended, 2021-2031F |
6.1.4 Cape Verde Centrifugal pumps Market Revenues & Volume, By Between Bearing, 2021-2031F |
6.2 Cape Verde Centrifugal pumps Market, By Stage |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Centrifugal pumps Market Revenues & Volume, By Single Stage, 2021-2031F |
6.2.3 Cape Verde Centrifugal pumps Market Revenues & Volume, By Multistage, 2021-2031F |
6.3 Cape Verde Centrifugal pumps Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Centrifugal pumps Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Cape Verde Centrifugal pumps Market Revenues & Volume, By Commercial and Residential, 2021-2031F |
7 Cape Verde Centrifugal pumps Market Import-Export Trade Statistics |
7.1 Cape Verde Centrifugal pumps Market Export to Major Countries |
7.2 Cape Verde Centrifugal pumps Market Imports from Major Countries |
8 Cape Verde Centrifugal pumps Market Key Performance Indicators |
8.1 Energy efficiency of centrifugal pumps used in Cape Verde projects |
8.2 Average lifespan of centrifugal pumps in operation |
8.3 Adoption rate of innovative pump technologies in the market |
9 Cape Verde Centrifugal pumps Market - Opportunity Assessment |
9.1 Cape Verde Centrifugal pumps Market Opportunity Assessment, By Pump Type, 2021 & 2031F |
9.2 Cape Verde Centrifugal pumps Market Opportunity Assessment, By Stage, 2021 & 2031F |
9.3 Cape Verde Centrifugal pumps Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Centrifugal pumps Market - Competitive Landscape |
10.1 Cape Verde Centrifugal pumps Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Centrifugal pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |