| Product Code: ETC5679097 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cape Verde beer import market in 2024 saw a continuing high concentration of imports, with top exporting countries being Portugal, Netherlands, Spain, China, and Belgium. Despite a challenging growth trend with a CAGR of -2.24% from 2020 to 2024, the industry experienced a significant decline in growth rate from 2023 to 2024, at -22.21%. This indicates a need for strategic market interventions and diversification efforts to revitalize the beer import sector in Cape Verde.

The Beer market in Cabo Verde is projected to grow at a growing growth rate of 7.00% 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 Beer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Beer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Beer Market - Industry Life Cycle |
3.4 Cape Verde Beer Market - Porter's Five Forces |
3.5 Cape Verde Beer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Beer Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Cape Verde Beer Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Cape Verde Beer Market Revenues & Volume Share, By Production, 2021 & 2031F |
4 Cape Verde Beer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and changing consumer preferences towards premium and craft beers |
4.2.2 Growth in tourism industry leading to higher demand for beer products |
4.2.3 Expansion of distribution channels and marketing efforts by beer companies |
4.3 Market Restraints |
4.3.1 High import taxes on raw materials and finished beer products affecting production costs and pricing |
4.3.2 Limited domestic production capacity and infrastructure constraints for beer manufacturing |
5 Cape Verde Beer Market Trends |
6 Cape Verde Beer Market Segmentations |
6.1 Cape Verde Beer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Beer Market Revenues & Volume, By Lager, 2021-2031F |
6.1.3 Cape Verde Beer Market Revenues & Volume, By Ale, 2021-2031F |
6.1.4 Cape Verde Beer Market Revenues & Volume, By Stout & Porter, 2021-2031F |
6.1.5 Cape Verde Beer Market Revenues & Volume, By Malt, 2021-2031F |
6.1.6 Cape Verde Beer Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Beer Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Beer Market Revenues & Volume, By Popular Price, 2021-2031F |
6.2.3 Cape Verde Beer Market Revenues & Volume, By Premium, 2021-2031F |
6.2.4 Cape Verde Beer Market Revenues & Volume, By Super Premium, 2021-2031F |
6.3 Cape Verde Beer Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Beer Market Revenues & Volume, By Glass, 2021-2031F |
6.3.3 Cape Verde Beer Market Revenues & Volume, By PET Bottle, 2021-2031F |
6.3.4 Cape Verde Beer Market Revenues & Volume, By Metal Can, 2021-2031F |
6.3.5 Cape Verde Beer Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cape Verde Beer Market, By Production |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Beer Market Revenues & Volume, By Macro-brewery, 2021-2031F |
6.4.3 Cape Verde Beer Market Revenues & Volume, By Micro-brewery, 2021-2031F |
6.4.4 Cape Verde Beer Market Revenues & Volume, By Craft Brewery, 2021-2031F |
6.4.5 Cape Verde Beer Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Beer Market Import-Export Trade Statistics |
7.1 Cape Verde Beer Market Export to Major Countries |
7.2 Cape Verde Beer Market Imports from Major Countries |
8 Cape Verde Beer Market Key Performance Indicators |
8.1 Percentage increase in per capita beer consumption in Cape Verde |
8.2 Number of new beer product launches in the market |
8.3 Growth in the number of on-trade and off-trade beer retail outlets in Cape Verde |
8.4 Investment in brewery infrastructure and capacity expansion |
8.5 Consumer sentiment and satisfaction levels towards local beer brands |
9 Cape Verde Beer Market - Opportunity Assessment |
9.1 Cape Verde Beer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Beer Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Cape Verde Beer Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.4 Cape Verde Beer Market Opportunity Assessment, By Production, 2021 & 2031F |
10 Cape Verde Beer Market - Competitive Landscape |
10.1 Cape Verde Beer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Beer 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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