| Product Code: ETC6671851 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to heavily rely on imports of artificial plants, with top exporters being Portugal, China, Paraguay, Spain, and Netherlands. The market exhibited high concentration levels with a consistently high Herfindahl-Hirschman Index (HHI). Despite a modest Compound Annual Growth Rate (CAGR) of 3.21% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -13.05%. This shift indicates a potential slowdown in demand or market challenges that may have impacted the import of artificial plants 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 Artificial Plants Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Artificial Plants Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Artificial Plants Market - Industry Life Cycle |
3.4 Cape Verde Artificial Plants Market - Porter's Five Forces |
3.5 Cape Verde Artificial Plants Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Artificial Plants Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Cape Verde Artificial Plants Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Cape Verde Artificial Plants Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Artificial Plants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Artificial Plants Market Trends |
6 Cape Verde Artificial Plants Market, By Types |
6.1 Cape Verde Artificial Plants Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Artificial Plants Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Artificial Plants Market Revenues & Volume, By Whole Plants & Trees, 2021- 2031F |
6.1.4 Cape Verde Artificial Plants Market Revenues & Volume, By Stem flowers, 2021- 2031F |
6.1.5 Cape Verde Artificial Plants Market Revenues & Volume, By Wood & Branches, 2021- 2031F |
6.1.6 Cape Verde Artificial Plants Market Revenues & Volume, By Grass, 2021- 2031F |
6.1.7 Cape Verde Artificial Plants Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Artificial Plants Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Artificial Plants Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.3 Cape Verde Artificial Plants Market Revenues & Volume, By Sil, 2021- 2031F |
6.2.4 Cape Verde Artificial Plants Market Revenues & Volume, By Rubber, 2021- 2031F |
6.2.5 Cape Verde Artificial Plants Market Revenues & Volume, By Paper, 2021- 2031F |
6.2.6 Cape Verde Artificial Plants Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Artificial Plants Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Artificial Plants Market Revenues & Volume, By CommerciaL, 2021- 2031F |
6.3.3 Cape Verde Artificial Plants Market Revenues & Volume, By Residential, 2021- 2031F |
6.4 Cape Verde Artificial Plants Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Artificial Plants Market Revenues & Volume, By Store-Based, 2021- 2031F |
6.4.3 Cape Verde Artificial Plants Market Revenues & Volume, By Non-Store, 2021- 2031F |
7 Cape Verde Artificial Plants Market Import-Export Trade Statistics |
7.1 Cape Verde Artificial Plants Market Export to Major Countries |
7.2 Cape Verde Artificial Plants Market Imports from Major Countries |
8 Cape Verde Artificial Plants Market Key Performance Indicators |
9 Cape Verde Artificial Plants Market - Opportunity Assessment |
9.1 Cape Verde Artificial Plants Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Artificial Plants Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Cape Verde Artificial Plants Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Cape Verde Artificial Plants Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Artificial Plants Market - Competitive Landscape |
10.1 Cape Verde Artificial Plants Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Artificial Plants 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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