| Product Code: ETC5239285 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cape Verde absinthe import market experienced significant growth in 2024, with top exporting countries including Spain, Portugal, France, Brazil, and the United States. The market concentration, as measured by the HHI, increased from high to very high in 2024, indicating a more dominant presence of key suppliers. With a strong Compound Annual Growth Rate (CAGR) of 7.59% from 2020 to 2024 and a remarkable growth rate of 51.49% from 2023 to 2024, the Cape Verde absinthe import market is showing promising expansion and increasing demand for this unique spirit.

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 Absinthe Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Absinthe Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Absinthe Market - Industry Life Cycle |
3.4 Cape Verde Absinthe Market - Porter's Five Forces |
3.5 Cape Verde Absinthe Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cape Verde Absinthe Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Cape Verde Absinthe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of craft cocktails and mixology trends |
4.2.2 Growing interest in artisanal and unique alcoholic beverages |
4.2.3 Rise in tourism and hospitality industry in Cape Verde |
4.3 Market Restraints |
4.3.1 Strict regulations and restrictions on alcohol production and distribution |
4.3.2 Limited awareness and availability of absinthe in Cape Verde |
5 Cape Verde Absinthe Market Trends |
6 Cape Verde Absinthe Market Segmentations |
6.1 Cape Verde Absinthe Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Absinthe Market Revenues & Volume, By Absinthe for the Food and Beverage Industry, 2021-2031F |
6.1.3 Cape Verde Absinthe Market Revenues & Volume, By Absinthe for the Cosmetic Industry, 2021-2031F |
6.1.4 Cape Verde Absinthe Market Revenues & Volume, By Absinthe for the Medical Industry, 2021-2031F |
6.2 Cape Verde Absinthe Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Absinthe Market Revenues & Volume, By Absinthe Blanche, 2021-2031F |
6.2.3 Cape Verde Absinthe Market Revenues & Volume, By Absinthe Amber, 2021-2031F |
6.2.4 Cape Verde Absinthe Market Revenues & Volume, By Absinthe Verte, 2021-2031F |
6.2.5 Cape Verde Absinthe Market Revenues & Volume, By Absinthe Ordinaire, 2021-2031F |
6.2.6 Cape Verde Absinthe Market Revenues & Volume, By Absinthe Reve Pastis, 2021-2031F |
6.2.7 Cape Verde Absinthe Market Revenues & Volume, By Absinthe Bohemian, 2021-2031F |
6.2.8 Cape Verde Absinthe Market Revenues & Volume, By Premium Absinthe, 2021-2031F |
6.2.9 Cape Verde Absinthe Market Revenues & Volume, By Premium Absinthe, 2021-2031F |
7 Cape Verde Absinthe Market Import-Export Trade Statistics |
7.1 Cape Verde Absinthe Market Export to Major Countries |
7.2 Cape Verde Absinthe Market Imports from Major Countries |
8 Cape Verde Absinthe Market Key Performance Indicators |
8.1 Number of bars and restaurants offering absinthe-based cocktails |
8.2 Percentage increase in tourism arrivals to Cape Verde |
8.3 Number of local distilleries producing absinthe |
8.4 Rate of growth in online searches for absinthe in Cape Verde |
8.5 Level of engagement on social media platforms related to absinthe in Cape Verde |
9 Cape Verde Absinthe Market - Opportunity Assessment |
9.1 Cape Verde Absinthe Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cape Verde Absinthe Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Cape Verde Absinthe Market - Competitive Landscape |
10.1 Cape Verde Absinthe Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Absinthe Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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