| Product Code: ETC6675463 | 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 |
In 2024, Cape Verde continued to rely heavily on imports of construction mats, with top exporting countries being Portugal, Spain, China, France, and the United States of America. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 9.83% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -42.39%. This fluctuation suggests potential market challenges or shifts in demand dynamics that importers and stakeholders should closely monitor for strategic decision-making.

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 Construction Mats Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Construction Mats Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Construction Mats Market - Industry Life Cycle |
3.4 Cape Verde Construction Mats Market - Porter's Five Forces |
3.5 Cape Verde Construction Mats Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Construction Mats Market Revenues & Volume Share, By Connection, 2021 & 2031F |
3.7 Cape Verde Construction Mats Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Construction Mats Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure development projects in Cape Verde |
4.2.2 Growing urbanization and industrialization leading to higher demand for construction activities |
4.2.3 Adoption of sustainable construction practices driving the use of eco-friendly construction mats |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Lack of skilled labor in the construction industry in Cape Verde |
4.3.3 Regulatory challenges and compliance requirements affecting the market growth |
5 Cape Verde Construction Mats Market Trends |
6 Cape Verde Construction Mats Market, By Types |
6.1 Cape Verde Construction Mats Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Construction Mats Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Construction Mats Market Revenues & Volume, By Composite Mats, 2021- 2031F |
6.1.4 Cape Verde Construction Mats Market Revenues & Volume, By Wood and Metal Mats, 2021- 2031F |
6.2 Cape Verde Construction Mats Market, By Connection |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Construction Mats Market Revenues & Volume, By Linked, 2021- 2031F |
6.2.3 Cape Verde Construction Mats Market Revenues & Volume, By Locked, 2021- 2031F |
6.3 Cape Verde Construction Mats Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Construction Mats Market Revenues & Volume, By Temporary Road Ways, 2021- 2031F |
6.3.3 Cape Verde Construction Mats Market Revenues & Volume, By Working Platform, 2021- 2031F |
7 Cape Verde Construction Mats Market Import-Export Trade Statistics |
7.1 Cape Verde Construction Mats Market Export to Major Countries |
7.2 Cape Verde Construction Mats Market Imports from Major Countries |
8 Cape Verde Construction Mats Market Key Performance Indicators |
8.1 Percentage increase in the number of infrastructure projects in Cape Verde |
8.2 Average utilization rate of construction mats in major construction projects |
8.3 Adoption rate of eco-friendly construction mats in the market |
9 Cape Verde Construction Mats Market - Opportunity Assessment |
9.1 Cape Verde Construction Mats Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Construction Mats Market Opportunity Assessment, By Connection, 2021 & 2031F |
9.3 Cape Verde Construction Mats Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Construction Mats Market - Competitive Landscape |
10.1 Cape Verde Construction Mats Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Construction Mats 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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