| Product Code: ETC5177839 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to import cutting wheels predominantly from Portugal, China, Br. Indian Ocean Terr., Spain, and France. The market displayed high concentration, as indicated by the HHI index. However, the industry experienced a slight decline with a negative CAGR of -0.72% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 was significantly negative at -10.76%, suggesting potential challenges faced by importers in the cutting wheels sector 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 Cutting Wheels Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cutting Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cutting Wheels Market - Industry Life Cycle |
3.4 Cape Verde Cutting Wheels Market - Porter's Five Forces |
3.5 Cape Verde Cutting Wheels Market Revenues & Volume Share, By Wheel Type, 2021 & 2031F |
3.6 Cape Verde Cutting Wheels Market Revenues & Volume Share, By Disc Material, 2021 & 2031F |
3.7 Cape Verde Cutting Wheels Market Revenues & Volume Share, By Abrasive Type, 2021 & 2031F |
3.8 Cape Verde Cutting Wheels Market Revenues & Volume Share, By Grit Size , 2021 & 2031F |
3.9 Cape Verde Cutting Wheels Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Cape Verde Cutting Wheels Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cape Verde Cutting Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision cutting tools in various industries |
4.2.2 Growth in construction and infrastructure projects in Cape Verde |
4.2.3 Adoption of advanced cutting wheel technologies for improved efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition from domestic and international cutting wheel manufacturers |
4.3.3 Economic instability affecting overall market demand |
5 Cape Verde Cutting Wheels Market Trends |
6 Cape Verde Cutting Wheels Market Segmentations |
6.1 Cape Verde Cutting Wheels Market, By Wheel Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cutting Wheels Market Revenues & Volume, By Straight Cutting Wheels, 2021-2031F |
6.1.3 Cape Verde Cutting Wheels Market Revenues & Volume, By Depressed Center Cutting Wheels, 2021-2031F |
6.2 Cape Verde Cutting Wheels Market, By Disc Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cutting Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.3 Cape Verde Cutting Wheels Market Revenues & Volume, By Steel, 2021-2031F |
6.2.4 Cape Verde Cutting Wheels Market Revenues & Volume, By Other Materials, 2021-2031F |
6.3 Cape Verde Cutting Wheels Market, By Abrasive Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Cutting Wheels Market Revenues & Volume, By Aluminum Oxide, 2021-2031F |
6.3.3 Cape Verde Cutting Wheels Market Revenues & Volume, By Silicon Carbide, 2021-2031F |
6.3.4 Cape Verde Cutting Wheels Market Revenues & Volume, By Aluminum Zirconium, 2021-2031F |
6.3.5 Cape Verde Cutting Wheels Market Revenues & Volume, By Seeded Gel, 2021-2031F |
6.3.6 Cape Verde Cutting Wheels Market Revenues & Volume, By Diamond Cutting Wheels, 2021-2031F |
6.4 Cape Verde Cutting Wheels Market, By Grit Size |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Cutting Wheels Market Revenues & Volume, By Coarse (8-24 CAMI Units), 2021-2031F |
6.4.3 Cape Verde Cutting Wheels Market Revenues & Volume, By Medium (30-60), 2021-2031F |
6.4.4 Cape Verde Cutting Wheels Market Revenues & Volume, By Fine (70-180), 2021-2031F |
6.4.5 Cape Verde Cutting Wheels Market Revenues & Volume, By Very Fine (220-600), 2021-2031F |
6.5 Cape Verde Cutting Wheels Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Cutting Wheels Market Revenues & Volume, By Metal Cutting, 2021-2031F |
6.5.3 Cape Verde Cutting Wheels Market Revenues & Volume, By Masonry, 2021-2031F |
6.5.4 Cape Verde Cutting Wheels Market Revenues & Volume, By Ceramic Cutting, 2021-2031F |
6.5.5 Cape Verde Cutting Wheels Market Revenues & Volume, By Notching, 2021-2031F |
6.6 Cape Verde Cutting Wheels Market, By End-use Industry |
6.6.1 Overview and Analysis |
6.6.2 Cape Verde Cutting Wheels Market Revenues & Volume, By Transportation, 2021-2031F |
6.6.3 Cape Verde Cutting Wheels Market Revenues & Volume, By Construction, 2021-2031F |
6.6.4 Cape Verde Cutting Wheels Market Revenues & Volume, By Metal Working, 2021-2031F |
6.6.5 Cape Verde Cutting Wheels Market Revenues & Volume, By Shipbuilding, 2021-2031F |
7 Cape Verde Cutting Wheels Market Import-Export Trade Statistics |
7.1 Cape Verde Cutting Wheels Market Export to Major Countries |
7.2 Cape Verde Cutting Wheels Market Imports from Major Countries |
8 Cape Verde Cutting Wheels Market Key Performance Indicators |
8.1 Average product lifespan of cutting wheels in Cape Verde |
8.2 Adoption rate of new cutting wheel technologies in the market |
8.3 Customer satisfaction ratings for cutting wheel performance |
8.4 Percentage of repeat customers for cutting wheel purchases |
8.5 Rate of innovation in cutting wheel design and materials |
9 Cape Verde Cutting Wheels Market - Opportunity Assessment |
9.1 Cape Verde Cutting Wheels Market Opportunity Assessment, By Wheel Type, 2021 & 2031F |
9.2 Cape Verde Cutting Wheels Market Opportunity Assessment, By Disc Material, 2021 & 2031F |
9.3 Cape Verde Cutting Wheels Market Opportunity Assessment, By Abrasive Type, 2021 & 2031F |
9.4 Cape Verde Cutting Wheels Market Opportunity Assessment, By Grit Size , 2021 & 2031F |
9.5 Cape Verde Cutting Wheels Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Cape Verde Cutting Wheels Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cape Verde Cutting Wheels Market - Competitive Landscape |
10.1 Cape Verde Cutting Wheels Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cutting Wheels 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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