| Product Code: ETC6670613 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to rely on top annatto exporters such as China, Spain, and Italy, while also seeing significant imports from Senegal and Belgium. Despite a negative CAGR of -6.27% from 2020-24 and a further decline in growth rate of -6.74% in 2024, the High Herfindahl-Hirschman Index (HHI) indicates a market with very high concentration. This suggests a competitive landscape dominated by a few key players, potentially impacting pricing and market dynamics for annatto imports in Cape Verde.

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 ANNATTO Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde ANNATTO Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde ANNATTO Market - Industry Life Cycle |
3.4 Cape Verde ANNATTO Market - Porter's Five Forces |
3.5 Cape Verde ANNATTO Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde ANNATTO Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde ANNATTO Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde ANNATTO Market Trends |
6 Cape Verde ANNATTO Market, By Types |
6.1 Cape Verde ANNATTO Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde ANNATTO Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde ANNATTO Market Revenues & Volume, By Oil-soluble, 2021- 2031F |
6.1.4 Cape Verde ANNATTO Market Revenues & Volume, By Water-soluble, 2021- 2031F |
6.1.5 Cape Verde ANNATTO Market Revenues & Volume, By Emulsified, 2021- 2031F |
6.2 Cape Verde ANNATTO Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde ANNATTO Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 Cape Verde ANNATTO Market Revenues & Volume, By Natural Fabric industry, 2021- 2031F |
6.2.4 Cape Verde ANNATTO Market Revenues & Volume, By Cosmetic industry, 2021- 2031F |
7 Cape Verde ANNATTO Market Import-Export Trade Statistics |
7.1 Cape Verde ANNATTO Market Export to Major Countries |
7.2 Cape Verde ANNATTO Market Imports from Major Countries |
8 Cape Verde ANNATTO Market Key Performance Indicators |
9 Cape Verde ANNATTO Market - Opportunity Assessment |
9.1 Cape Verde ANNATTO Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde ANNATTO Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde ANNATTO Market - Competitive Landscape |
10.1 Cape Verde ANNATTO Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde ANNATTO 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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