| Product Code: ETC4905189 | 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 |
The import shipments of carpets to Cape Verde in 2024 saw a significant shift in market concentration, moving from very high concentration in 2023 to a more moderate level. Despite this change, the overall Compound Annual Growth Rate (CAGR) for the period 2020-2024 was notably negative at -24.92%. Furthermore, the growth rate from 2023 to 2024 experienced a sharp decline of -76.87%. Top exporting countries to Cape Verde in 2024 included Italy, Spain, United States of America, Germany, and the Netherlands, indicating a diverse source of imports for the market.

Cabo Verde's Carpet market is anticipated to experience a stable growth rate of 2.91% by 2027, reflecting trends observed in the largest economy 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 Carpet Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Carpet Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Carpet Market - Industry Life Cycle |
3.4 Cape Verde Carpet Market - Porter's Five Forces |
3.5 Cape Verde Carpet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Carpet Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Cape Verde Carpet Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Cape Verde Carpet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Carpet Market Trends |
6 Cape Verde Carpet Market Segmentations |
6.1 Cape Verde Carpet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Carpet Market Revenues & Volume, By Woven, 2021-2031F |
6.1.3 Cape Verde Carpet Market Revenues & Volume, By Knotted, 2021-2031F |
6.1.4 Cape Verde Carpet Market Revenues & Volume, By Needle Felt, 2021-2031F |
6.1.5 Cape Verde Carpet Market Revenues & Volume, By Tufted, 2021-2031F |
6.2 Cape Verde Carpet Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Carpet Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.3 Cape Verde Carpet Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.4 Cape Verde Carpet Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.5 Cape Verde Carpet Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.6 Cape Verde Carpet Market Revenues & Volume, By Wools & Its Blends, 2021-2031F |
6.3 Cape Verde Carpet Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Carpet Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.3.3 Cape Verde Carpet Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 Cape Verde Carpet Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 Cape Verde Carpet Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.6 Cape Verde Carpet Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.7 Cape Verde Carpet Market Revenues & Volume, By Sports & Leisure , 2021-2031F |
7 Cape Verde Carpet Market Import-Export Trade Statistics |
7.1 Cape Verde Carpet Market Export to Major Countries |
7.2 Cape Verde Carpet Market Imports from Major Countries |
8 Cape Verde Carpet Market Key Performance Indicators |
9 Cape Verde Carpet Market - Opportunity Assessment |
9.1 Cape Verde Carpet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Carpet Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Cape Verde Carpet Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Cape Verde Carpet Market - Competitive Landscape |
10.1 Cape Verde Carpet Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Carpet 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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