| Product Code: ETC4840152 | 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 |
Cape Verde`s bay leaf import market in 2024 continues to be dominated by top exporting countries such as Portugal, Spain, Senegal, USA, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a consistent Compound Annual Growth Rate (CAGR) of 2.73% from 2020 to 2024. The growth rate in 2024 saw a positive increase of 3.32%, reflecting a steady demand for bay leaves in Cape Verde. This data suggests a stable and competitive market for bay leaf imports in the country.

The Bay Leaf market in Cabo Verde is projected to grow at a stable growth rate of 2.91% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

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 Bay Leaf Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Bay Leaf Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Bay Leaf Market - Industry Life Cycle |
3.4 Cape Verde Bay Leaf Market - Porter's Five Forces |
3.5 Cape Verde Bay Leaf Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Cape Verde Bay Leaf Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Bay Leaf Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Bay Leaf Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Bay Leaf Market Trends |
6 Cape Verde Bay Leaf Market Segmentations |
6.1 Cape Verde Bay Leaf Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Bay Leaf Market Revenues & Volume, By Whole, 2021-2031F |
6.1.3 Cape Verde Bay Leaf Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Cape Verde Bay Leaf Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Bay Leaf Market Revenues & Volume, By Food and beverages industry, 2021-2031F |
6.2.3 Cape Verde Bay Leaf Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Cape Verde Bay Leaf Market Revenues & Volume, By Personal care & Cosmetic, 2021-2031F |
6.2.5 Cape Verde Bay Leaf Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Bay Leaf Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Bay Leaf Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3.3 Cape Verde Bay Leaf Market Revenues & Volume, By Business to Consumers (B2C), 2021-2031F |
7 Cape Verde Bay Leaf Market Import-Export Trade Statistics |
7.1 Cape Verde Bay Leaf Market Export to Major Countries |
7.2 Cape Verde Bay Leaf Market Imports from Major Countries |
8 Cape Verde Bay Leaf Market Key Performance Indicators |
9 Cape Verde Bay Leaf Market - Opportunity Assessment |
9.1 Cape Verde Bay Leaf Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Cape Verde Bay Leaf Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Bay Leaf Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Bay Leaf Market - Competitive Landscape |
10.1 Cape Verde Bay Leaf Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Bay Leaf 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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