| Product Code: ETC4705556 | 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 continues to depend on imports of benzoic acid, with Portugal and Spain being the top exporting countries in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 1.99% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -45.68%. This suggests a potential slowdown or shift in the market dynamics that importers and stakeholders in Cape Verde should closely monitor for strategic decision-making.

In the Africa region, the Benzoic Acid market in Cabo Verde is projected to expand at a growing growth rate of 5.95% by 2027. The largest economy is Egypt, 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 Benzoic Acid Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Benzoic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Benzoic Acid Market - Industry Life Cycle |
3.4 Cape Verde Benzoic Acid Market - Porter's Five Forces |
3.5 Cape Verde Benzoic Acid Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.6 Cape Verde Benzoic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Benzoic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Benzoic Acid Market Trends |
6 Cape Verde Benzoic Acid Market Segmentations |
6.1 Cape Verde Benzoic Acid Market, By End-use Industry |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Benzoic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.3 Cape Verde Benzoic Acid Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Cape Verde Benzoic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2 Cape Verde Benzoic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Benzoic Acid Market Revenues & Volume, By Benzoates, 2021-2031F |
6.2.3 Cape Verde Benzoic Acid Market Revenues & Volume, By Benzoate plasticizers, 2021-2031F |
6.2.4 Cape Verde Benzoic Acid Market Revenues & Volume, By Benzoyl Chloride, 2021-2031F |
6.2.5 Cape Verde Benzoic Acid Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.2.6 Cape Verde Benzoic Acid Market Revenues & Volume, By Animal Feed Additive, 2021-2031F |
7 Cape Verde Benzoic Acid Market Import-Export Trade Statistics |
7.1 Cape Verde Benzoic Acid Market Export to Major Countries |
7.2 Cape Verde Benzoic Acid Market Imports from Major Countries |
8 Cape Verde Benzoic Acid Market Key Performance Indicators |
9 Cape Verde Benzoic Acid Market - Opportunity Assessment |
9.1 Cape Verde Benzoic Acid Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.2 Cape Verde Benzoic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Benzoic Acid Market - Competitive Landscape |
10.1 Cape Verde Benzoic Acid Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Benzoic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |