| Product Code: ETC6673952 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde continued to import capsicums predominantly from Portugal, Spain, Senegal, Netherlands, and other areas in 2024. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration. With a remarkable compound annual growth rate (CAGR) of 26.72% from 2020 to 2024 and a growth rate of 8.49% in 2024 alone, the capsicum import market in Cape Verde is showing strong and steady growth. This data suggests a promising market for stakeholders to explore and capitalize on in the coming years.

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 Capsicum Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Capsicum Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Capsicum Market - Industry Life Cycle |
3.4 Cape Verde Capsicum Market - Porter's Five Forces |
3.5 Cape Verde Capsicum Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Cape Verde Capsicum Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cape Verde Capsicum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for exotic and specialty vegetables in global markets |
4.2.2 Growth in consumer awareness and preference for healthy and organic food products |
4.2.3 Favorable climate conditions in Cape Verde for capsicum cultivation |
4.3 Market Restraints |
4.3.1 Limited arable land and water resources in Cape Verde |
4.3.2 Dependence on imported inputs such as seeds and fertilizers for capsicum cultivation |
5 Cape Verde Capsicum Market Trends |
6 Cape Verde Capsicum Market, By Types |
6.1 Cape Verde Capsicum Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Capsicum Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Cape Verde Capsicum Market Revenues & Volume, By Whole, 2021- 2031F |
6.1.4 Cape Verde Capsicum Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.5 Cape Verde Capsicum Market Revenues & Volume, By Oleoresin, 2021- 2031F |
6.2 Cape Verde Capsicum Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Capsicum Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Cape Verde Capsicum Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 Cape Verde Capsicum Market Revenues & Volume, By Cosmetics, 2021- 2031F |
7 Cape Verde Capsicum Market Import-Export Trade Statistics |
7.1 Cape Verde Capsicum Market Export to Major Countries |
7.2 Cape Verde Capsicum Market Imports from Major Countries |
8 Cape Verde Capsicum Market Key Performance Indicators |
8.1 Average yield per hectare of capsicum cultivation in Cape Verde |
8.2 Percentage of capsicum crops meeting export quality standards |
8.3 Adoption rate of sustainable farming practices in capsicum cultivation |
9 Cape Verde Capsicum Market - Opportunity Assessment |
9.1 Cape Verde Capsicum Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Cape Verde Capsicum Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cape Verde Capsicum Market - Competitive Landscape |
10.1 Cape Verde Capsicum Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Capsicum 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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