| Product Code: ETC5829919 | 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 chronograph import market saw significant growth in 2024, with top exporting countries being Portugal, China, Spain, Areas, nes, and the United States of America. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 intensified even further in 2024, indicating a very competitive landscape. The impressive compound annual growth rate (CAGR) of 87.58% from 2020 to 2024 underscores the market`s rapid expansion, while the exceptional growth rate of 172.21% from 2023 to 2024 highlights the increasing demand for chronograph imports in Cape Verde.

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 Chronograph Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Chronograph Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Chronograph Market - Industry Life Cycle |
3.4 Cape Verde Chronograph Market - Porter's Five Forces |
3.5 Cape Verde Chronograph Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Cape Verde Chronograph Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cape Verde Chronograph Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Cape Verde leading to higher purchasing power for luxury items like chronographs |
4.2.2 Growing trend of accessorizing and fashion consciousness among the population |
4.2.3 Rising popularity of luxury watches and chronographs as status symbols in the region |
4.3 Market Restraints |
4.3.1 Economic instability in Cape Verde affecting consumer spending on non-essential items like luxury chronographs |
4.3.2 Competition from other luxury watch brands in the market |
4.3.3 Challenges in distribution and retail infrastructure for luxury products in Cape Verde |
5 Cape Verde Chronograph Market Trends |
6 Cape Verde Chronograph Market Segmentations |
6.1 Cape Verde Chronograph Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Chronograph Market Revenues & Volume, By Flyback chronographs, 2021-2031F |
6.1.3 Cape Verde Chronograph Market Revenues & Volume, By Double chronograph, 2021-2031F |
6.1.4 Cape Verde Chronograph Market Revenues & Volume, By Other, 2021-2031F |
6.2 Cape Verde Chronograph Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Chronograph Market Revenues & Volume, By Stadium, 2021-2031F |
6.2.3 Cape Verde Chronograph Market Revenues & Volume, By Club, 2021-2031F |
6.2.4 Cape Verde Chronograph Market Revenues & Volume, By Household, 2021-2031F |
6.2.5 Cape Verde Chronograph Market Revenues & Volume, By Other, 2021-2031F |
7 Cape Verde Chronograph Market Import-Export Trade Statistics |
7.1 Cape Verde Chronograph Market Export to Major Countries |
7.2 Cape Verde Chronograph Market Imports from Major Countries |
8 Cape Verde Chronograph Market Key Performance Indicators |
8.1 Average selling price of chronographs in Cape Verde |
8.2 Number of luxury watch retailers opening stores in the region |
8.3 Consumer sentiment towards luxury watches and chronographs in Cape Verde |
9 Cape Verde Chronograph Market - Opportunity Assessment |
9.1 Cape Verde Chronograph Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Cape Verde Chronograph Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cape Verde Chronograph Market - Competitive Landscape |
10.1 Cape Verde Chronograph Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Chronograph 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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