| Product Code: ETC5377871 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a declining CAGR and negative growth rate in 2024, Cape Verde continues to import a significant amount of flour, with top suppliers being Portugal, Japan, Spain, Russia, and Turkey. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a market dominated by these key players. The consistent presence of these countries as major exporters suggests a stable supply chain for flour imports in Cape Verde, providing a reliable source of this essential commodity for the local market.

By 2027, the Flour market in Cabo Verde is anticipated to reach a growth rate of 15.67%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Flour Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Flour Market - Industry Life Cycle |
3.4 Cape Verde Flour Market - Porter's Five Forces |
3.5 Cape Verde Flour Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Cape Verde Flour Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Cape Verde Flour Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Cape Verde Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming flour products. |
4.2.2 Growing demand for convenience foods due to changing lifestyles. |
4.2.3 Rising tourism industry leading to increased demand for flour-based products in Cape Verde. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of flour. |
4.3.2 Limited availability of high-quality wheat for flour production in Cape Verde. |
4.3.3 Stringent government regulations related to food production and imports. |
5 Cape Verde Flour Market Trends |
6 Cape Verde Flour Market Segmentations |
6.1 Cape Verde Flour Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Flour Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.3 Cape Verde Flour Market Revenues & Volume, By Rice, 2021-2031F |
6.1.4 Cape Verde Flour Market Revenues & Volume, By Maize, 2021-2031F |
6.1.5 Cape Verde Flour Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Flour Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Flour Market Revenues & Volume, By Bread & Bakery Products, 2021-2031F |
6.2.3 Cape Verde Flour Market Revenues & Volume, By Noodles & Pasta, 2021-2031F |
6.2.4 Cape Verde Flour Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Cape Verde Flour Market Revenues & Volume, By Wafers, Crackers, & Biscuits, 2021-2031F |
6.2.6 Cape Verde Flour Market Revenues & Volume, By Non-Food Application, 2021-2031F |
6.2.7 Cape Verde Flour Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Flour Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Flour Market Revenues & Volume, By Dry Technology, 2021-2031F |
6.3.3 Cape Verde Flour Market Revenues & Volume, By Wet Technology, 2021-2031F |
7 Cape Verde Flour Market Import-Export Trade Statistics |
7.1 Cape Verde Flour Market Export to Major Countries |
7.2 Cape Verde Flour Market Imports from Major Countries |
8 Cape Verde Flour Market Key Performance Indicators |
8.1 Consumer satisfaction index related to the quality of flour products. |
8.2 Percentage of households in Cape Verde consuming flour-based products. |
8.3 Number of new product innovations in the flour market in Cape Verde. |
8.4 Rate of growth in the tourism industry in Cape Verde impacting flour consumption. |
8.5 Percentage of flour production capacity utilized in Cape Verde. |
9 Cape Verde Flour Market - Opportunity Assessment |
9.1 Cape Verde Flour Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Cape Verde Flour Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Cape Verde Flour Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Cape Verde Flour Market - Competitive Landscape |
10.1 Cape Verde Flour Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Flour 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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