| Product Code: ETC6677561 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The engineering plastic import market in Cape Verde continues to show strong growth, with a high concentration of shipments from top exporters Portugal, France, Germany, and Spain in 2024. The market`s high Herfindahl-Hirschman Index (HHI) suggests significant market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 11.6%, indicating a steady expansion of the market. Furthermore, the growth rate from 2023 to 2024 spiked to 13.83%, showcasing a rapid acceleration in demand for engineering plastics 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 Engineering Plastic Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Engineering Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Engineering Plastic Market - Industry Life Cycle |
3.4 Cape Verde Engineering Plastic Market - Porter's Five Forces |
3.5 Cape Verde Engineering Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Engineering Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Engineering Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable engineering plastics in various industries in Cape Verde |
4.2.2 Increasing focus on sustainable and eco-friendly materials driving the adoption of engineering plastics |
4.2.3 Rising investments in infrastructure and construction projects driving the demand for engineering plastics in Cape Verde |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for manufacturing engineering plastics in Cape Verde |
4.3.2 Fluctuating prices of raw materials impacting the production costs of engineering plastics |
4.3.3 Lack of skilled labor and technical expertise in the engineering plastics industry in Cape Verde |
5 Cape Verde Engineering Plastic Market Trends |
6 Cape Verde Engineering Plastic Market, By Types |
6.1 Cape Verde Engineering Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Engineering Plastic Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Engineering Plastic Market Revenues & Volume, By Polyamides, 2021- 2031F |
6.1.4 Cape Verde Engineering Plastic Market Revenues & Volume, By Thermoplastic Polyester, 2021- 2031F |
6.1.5 Cape Verde Engineering Plastic Market Revenues & Volume, By Polycarbonates, 2021- 2031F |
6.1.6 Cape Verde Engineering Plastic Market Revenues & Volume, By Polyacetals, 2021- 2031F |
6.1.7 Cape Verde Engineering Plastic Market Revenues & Volume, By Fluropolymers, 2021- 2031F |
6.1.8 Cape Verde Engineering Plastic Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Engineering Plastic Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Engineering Plastic Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.2.3 Cape Verde Engineering Plastic Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.2.4 Cape Verde Engineering Plastic Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.5 Cape Verde Engineering Plastic Market Revenues & Volume, By Other, 2021- 2031F |
7 Cape Verde Engineering Plastic Market Import-Export Trade Statistics |
7.1 Cape Verde Engineering Plastic Market Export to Major Countries |
7.2 Cape Verde Engineering Plastic Market Imports from Major Countries |
8 Cape Verde Engineering Plastic Market Key Performance Indicators |
8.1 Percentage increase in the adoption of engineering plastics in key industries in Cape Verde |
8.2 Rate of investment in research and development for new engineering plastic materials and technologies |
8.3 Number of partnerships and collaborations between local manufacturers and international companies for technology transfer and capacity building. |
9 Cape Verde Engineering Plastic Market - Opportunity Assessment |
9.1 Cape Verde Engineering Plastic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Engineering Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Engineering Plastic Market - Competitive Landscape |
10.1 Cape Verde Engineering Plastic Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Engineering Plastic 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.
To discover high-growth global markets and optimize your business strategy:
Click Here