| Product Code: ETC6675818 | 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 |
The Cape Verde craft spirits import market experienced a significant shift in 2024, with top exporting countries being Portugal, Spain, Senegal, Angola, and Cuba. The market concentration measured by HHI surged from moderate to very high, indicating increasing dominance of key players. Despite a negative CAGR of -1.45% from 2020 to 2024, the growth rate in 2024 saw a steep decline of -33.53%. This suggests a challenging year for the industry, potentially impacted by various factors such as economic conditions, shifting consumer preferences, and supply chain disruptions.

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 Craft Spirits Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Craft Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Craft Spirits Market - Industry Life Cycle |
3.4 Cape Verde Craft Spirits Market - Porter's Five Forces |
3.5 Cape Verde Craft Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Craft Spirits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Craft Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend towards premium and artisanal products in the beverage industry |
4.2.2 Rising popularity of craft cocktail culture |
4.2.3 Increasing tourism in Cape Verde leading to higher demand for unique local products |
4.3 Market Restraints |
4.3.1 Limited distribution channels for craft spirits in Cape Verde |
4.3.2 High production costs and limited access to raw materials |
4.3.3 Regulatory challenges and compliance requirements for craft distilleries |
5 Cape Verde Craft Spirits Market Trends |
6 Cape Verde Craft Spirits Market, By Types |
6.1 Cape Verde Craft Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Craft Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Craft Spirits Market Revenues & Volume, By Whiskey, 2021- 2031F |
6.1.4 Cape Verde Craft Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.5 Cape Verde Craft Spirits Market Revenues & Volume, By Gin, 2021- 2031F |
6.1.6 Cape Verde Craft Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.7 Cape Verde Craft Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.8 Cape Verde Craft Spirits Market Revenues & Volume, By Liqueur, 2021- 2031F |
6.2 Cape Verde Craft Spirits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Craft Spirits Market Revenues & Volume, By On-trade, 2021- 2031F |
6.2.3 Cape Verde Craft Spirits Market Revenues & Volume, By Off-trade, 2021- 2031F |
7 Cape Verde Craft Spirits Market Import-Export Trade Statistics |
7.1 Cape Verde Craft Spirits Market Export to Major Countries |
7.2 Cape Verde Craft Spirits Market Imports from Major Countries |
8 Cape Verde Craft Spirits Market Key Performance Indicators |
8.1 Number of craft spirits brands entering the Cape Verde market |
8.2 Percentage growth in craft spirits consumption in Cape Verde |
8.3 Number of craft spirit tasting events and festivals in Cape Verde |
8.4 Increase in online presence and social media engagement for craft spirit brands in Cape Verde |
8.5 Number of craft spirit distilleries opening in Cape Verde |
9 Cape Verde Craft Spirits Market - Opportunity Assessment |
9.1 Cape Verde Craft Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Craft Spirits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Craft Spirits Market - Competitive Landscape |
10.1 Cape Verde Craft Spirits Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Craft Spirits 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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