| Product Code: ETC5116925 | 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 |
Despite a significant decline in the growth rate for electric radiator imports in Cape Verde from 2023 to 2024, the market continued to be dominated by a few key exporting countries. Portugal, China, Belgium, Spain, and the United States of America stood out as the top exporters to Cape Verde in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for competition and pricing dynamics in the industry. The negative compound annual growth rate (CAGR) from 2020 to 2024 highlights the need for strategic adjustments and market analysis for stakeholders in the electric radiator import sector.

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 Electric Radiators Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Electric Radiators Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Electric Radiators Market - Industry Life Cycle |
3.4 Cape Verde Electric Radiators Market - Porter's Five Forces |
3.5 Cape Verde Electric Radiators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Electric Radiators Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Electric Radiators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and adoption of energy-efficient heating solutions |
4.2.2 Government initiatives promoting the use of electric radiators for sustainable heating |
4.2.3 Growth in construction activities and infrastructure development in Cape Verde |
4.3 Market Restraints |
4.3.1 High initial investment cost of electric radiators |
4.3.2 Limited availability of reliable electricity supply in some regions of Cape Verde |
4.3.3 Competition from alternative heating solutions such as solar heating systems |
5 Cape Verde Electric Radiators Market Trends |
6 Cape Verde Electric Radiators Market Segmentations |
6.1 Cape Verde Electric Radiators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Electric Radiators Market Revenues & Volume, By Fan Heaters, 2021-2031F |
6.1.3 Cape Verde Electric Radiators Market Revenues & Volume, By Convention Radiators, 2021-2031F |
6.1.4 Cape Verde Electric Radiators Market Revenues & Volume, By Infrared Radiators, 2021-2031F |
6.1.5 Cape Verde Electric Radiators Market Revenues & Volume, By Oil-based Radiators, 2021-2031F |
6.2 Cape Verde Electric Radiators Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Electric Radiators Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Cape Verde Electric Radiators Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Cape Verde Electric Radiators Market Revenues & Volume, By Industrial, 2021-2031F |
7 Cape Verde Electric Radiators Market Import-Export Trade Statistics |
7.1 Cape Verde Electric Radiators Market Export to Major Countries |
7.2 Cape Verde Electric Radiators Market Imports from Major Countries |
8 Cape Verde Electric Radiators Market Key Performance Indicators |
8.1 Average energy consumption per household using electric radiators |
8.2 Number of government incentives or subsidies for energy-efficient heating solutions |
8.3 Percentage of households using electric radiators as their primary heating source |
9 Cape Verde Electric Radiators Market - Opportunity Assessment |
9.1 Cape Verde Electric Radiators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Electric Radiators Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Electric Radiators Market - Competitive Landscape |
10.1 Cape Verde Electric Radiators Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Electric Radiators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |