| Product Code: ETC4774317 | 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 |
In 2024, Cape Verde continued to heavily rely on imports of alcoholic beverages, with top exporting countries being Portugal, Spain, Netherlands, Italy, and China. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a slight decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -0.34%. Moreover, the growth rate from 2023 to 2024 saw a significant drop at -18.25%, reflecting potential challenges or shifts in consumer preferences impacting the alcoholic beverage market in Cape Verde.

By 2027, Cabo Verde's Alcoholic Beverage market is forecasted to achieve a high growth rate of 13.34%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Alcoholic Beverage Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Alcoholic Beverage Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Alcoholic Beverage Market - Industry Life Cycle |
3.4 Cape Verde Alcoholic Beverage Market - Porter's Five Forces |
3.5 Cape Verde Alcoholic Beverage Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Cape Verde Alcoholic Beverage Market Revenues & Volume Share, By Alcoholic content, 2021 & 2031F |
3.7 Cape Verde Alcoholic Beverage Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.8 Cape Verde Alcoholic Beverage Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 Cape Verde Alcoholic Beverage Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Alcoholic Beverage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Alcoholic Beverage Market Trends |
6 Cape Verde Alcoholic Beverage Market Segmentations |
6.1 Cape Verde Alcoholic Beverage Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Beer, 2021-2031F |
6.1.3 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Wine, 2021-2031F |
6.1.4 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Spirits, 2021-2031F |
6.2 Cape Verde Alcoholic Beverage Market, By Alcoholic content |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Alcoholic Beverage Market Revenues & Volume, By High, 2021-2031F |
6.2.3 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Low, 2021-2031F |
6.3 Cape Verde Alcoholic Beverage Market, By Flavour |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Unflavoured, 2021-2031F |
6.3.3 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Flavoured, 2021-2031F |
6.4 Cape Verde Alcoholic Beverage Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Glass Bottles, 2021-2031F |
6.4.3 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Tins, 2021-2031F |
6.4.4 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Plastic Bottles, 2021-2031F |
6.4.5 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Others, 2021-2031F |
6.5 Cape Verde Alcoholic Beverage Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.5.3 Cape Verde Alcoholic Beverage Market Revenues & Volume, By On-Trade, 2021-2031F |
6.5.4 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.5.5 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Online, 2021-2031F |
6.5.6 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.5.7 Cape Verde Alcoholic Beverage Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Alcoholic Beverage Market Import-Export Trade Statistics |
7.1 Cape Verde Alcoholic Beverage Market Export to Major Countries |
7.2 Cape Verde Alcoholic Beverage Market Imports from Major Countries |
8 Cape Verde Alcoholic Beverage Market Key Performance Indicators |
9 Cape Verde Alcoholic Beverage Market - Opportunity Assessment |
9.1 Cape Verde Alcoholic Beverage Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Cape Verde Alcoholic Beverage Market Opportunity Assessment, By Alcoholic content, 2021 & 2031F |
9.3 Cape Verde Alcoholic Beverage Market Opportunity Assessment, By Flavour, 2021 & 2031F |
9.4 Cape Verde Alcoholic Beverage Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.5 Cape Verde Alcoholic Beverage Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Alcoholic Beverage Market - Competitive Landscape |
10.1 Cape Verde Alcoholic Beverage Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Alcoholic Beverage 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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