| Product Code: ETC4676030 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to heavily rely on cider imports, with top exporting countries including Portugal, Areas, France, Spain, and the United States of America. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market. Despite a strong compound annual growth rate (CAGR) of 15.88% from 2020-24, there was a significant decline in growth rate from 2023-24 at -55.09%. This fluctuation may indicate shifting market dynamics or external factors impacting the cider import market in Cape Verde.

In the Africa region, the Cider market in Cabo Verde is projected to expand at a stable growth rate of 1.60% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The cider market in Cape Verde is growing as consumers seek diverse beverage options. With a rising interest in craft and flavored beverages, cider is gaining popularity. The market`s growth is supported by the increasing variety of cider products and the expansion of the beverage industry in the region.
The Cape Verde cider market is influenced by the growing consumer preference for alcoholic beverages and the rise of craft and specialty ciders. The increasing popularity of cider as an alternative to traditional alcoholic drinks contributes to market growth.
The Cape Verde cider market faces challenges such as limited local production facilities and a heavy reliance on imported cider products. Market growth is constrained by factors such as high production costs, limited consumer awareness, and competition from other alcoholic beverages. Additionally, regulatory hurdles and import tariffs can impact the availability and affordability of cider.
The cider market in Cape Verde is subject to food and beverage regulations, including safety standards and import controls. The government supports local production and enforces quality standards for cider products. Policies also focus on managing import regulations and ensuring the safety of alcoholic beverages.
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 Cider Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cider Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cider Market - Industry Life Cycle |
3.4 Cape Verde Cider Market - Porter's Five Forces |
3.5 Cape Verde Cider Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Cider Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Cider Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Cider Market Trends |
6 Cape Verde Cider Market Segmentations |
6.1 Cape Verde Cider Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cider Market Revenues & Volume, By Flavored Cider, 2021-2031F |
6.1.3 Cape Verde Cider Market Revenues & Volume, By Plain Cider, 2021-2031F |
6.2 Cape Verde Cider Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cider Market Revenues & Volume, By Speciality Stores, 2021-2031F |
6.2.3 Cape Verde Cider Market Revenues & Volume, By Supermarket/Hypermarkets, 2021-2031F |
6.2.4 Cape Verde Cider Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.5 Cape Verde Cider Market Revenues & Volume, By Other Channels, 2021-2031F |
7 Cape Verde Cider Market Import-Export Trade Statistics |
7.1 Cape Verde Cider Market Export to Major Countries |
7.2 Cape Verde Cider Market Imports from Major Countries |
8 Cape Verde Cider Market Key Performance Indicators |
9 Cape Verde Cider Market - Opportunity Assessment |
9.1 Cape Verde Cider Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Cider Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Cider Market - Competitive Landscape |
10.1 Cape Verde Cider Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cider 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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