| Product Code: ETC4647967 | 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 |
The market for commercial cooking equipment imports in Cape Verde continues to show strong growth, with a notable increase in concentration among top exporting countries in 2024. Portugal, Spain, France, Netherlands, and Brazil are key players in this market, with a high Herfindahl-Hirschman Index (HHI) reflecting their dominance. The impressive Compound Annual Growth Rate (CAGR) of 12.47% from 2020 to 2024 underscores the increasing demand for commercial cooking equipment in Cape Verde. The remarkable growth rate of 58.62% from 2023 to 2024 indicates a rapid expansion of import shipments in this sector.

The Commercial Cooking Equipment market in Cabo Verde is projected to grow at a high growth rate of 14.68% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

The commercial cooking equipment market in Cape Verde is expanding due to the growth of the hospitality industry and increasing numbers of restaurants, hotels, and food service establishments. The market is characterized by the demand for efficient, durable, and technologically advanced cooking appliances. Innovation in energy-efficient and multifunctional cooking equipment is also shaping market dynamics.
The expansion of the hospitality industry, including hotels, restaurants, and catering services, is driving the Cape Verde commercial cooking equipment market. The increasing demand for energy-efficient and technologically advanced cooking appliances among commercial kitchen operators fuels the market growth. Furthermore, rising disposable income and changing consumer preferences for dining out contribute to the expansion of this market.
The commercial cooking equipment market in Cape Verde is constrained by the small scale of the hospitality and restaurant sectors, which limits demand. High import tariffs and taxes increase the cost of commercial cooking equipment, making it less affordable for smaller businesses. Additionally, the lack of local service centers for maintenance and repair poses challenges for equipment upkeep and longevity.
Cape Verde`s government has introduced policies to support the hospitality and food service sectors, directly impacting the commercial cooking equipment market. These policies include import duty reductions on essential kitchen appliances, incentives for local manufacturing, and regulations to ensure equipment safety and energy efficiency. The government also promotes the use of eco-friendly cooking technologies.
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 Commercial Cooking Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Commercial Cooking Equipment Market - Industry Life Cycle |
3.4 Cape Verde Commercial Cooking Equipment Market - Porter's Five Forces |
3.5 Cape Verde Commercial Cooking Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Commercial Cooking Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Commercial Cooking Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Commercial Cooking Equipment Market Trends |
6 Cape Verde Commercial Cooking Equipment Market Segmentations |
6.1 Cape Verde Commercial Cooking Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Fryers, 2021-2031F |
6.1.3 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Ovens, 2021-2031F |
6.1.4 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Cookers, 2021-2031F |
6.1.5 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Kettles, 2021-2031F |
6.1.6 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Steamers, 2021-2031F |
6.1.7 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Cook-Chill Systems, 2021-2031F |
6.1.9 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Commercial Cooking Equipment Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Full Service Restaurant & Hotels, 2021-2031F |
6.2.3 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Catering Service, 2021-2031F |
6.2.4 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Quick Service, 2021-2031F |
6.2.5 Cape Verde Commercial Cooking Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Commercial Cooking Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde Commercial Cooking Equipment Market Export to Major Countries |
7.2 Cape Verde Commercial Cooking Equipment Market Imports from Major Countries |
8 Cape Verde Commercial Cooking Equipment Market Key Performance Indicators |
9 Cape Verde Commercial Cooking Equipment Market - Opportunity Assessment |
9.1 Cape Verde Commercial Cooking Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Commercial Cooking Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Commercial Cooking Equipment Market - Competitive Landscape |
10.1 Cape Verde Commercial Cooking Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Commercial Cooking Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |