| Product Code: ETC6678997 | 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 import shipments of gaskets into Cape Verde in 2024 continued to see a high level of concentration, with the top exporting countries being Portugal, Senegal, Spain, Netherlands, and Belgium. This concentration is reflected in the high Herfindahl-Hirschman Index (HHI) for the market. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 31.18%, indicating a strong and steady increase in demand for gaskets in Cape Verde. The growth rate from 2023 to 2024 was particularly impressive at 40.31%, suggesting a rapidly expanding market for gaskets in the country.

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 Gaskets Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Gaskets Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Gaskets Market - Industry Life Cycle |
3.4 Cape Verde Gaskets Market - Porter's Five Forces |
3.5 Cape Verde Gaskets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Gaskets Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Cape Verde Gaskets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gaskets in various industries such as automotive, manufacturing, and construction in Cape Verde. |
4.2.2 Growing focus on energy efficiency and sustainability driving the adoption of high-quality gaskets in the market. |
4.2.3 Technological advancements leading to the development of innovative gasket materials and designs. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of gaskets in Cape Verde. |
4.3.2 Intense market competition leading to price wars and margin pressures for gasket manufacturers. |
4.3.3 Economic uncertainties and currency fluctuations affecting the purchasing power of customers in Cape Verde. |
5 Cape Verde Gaskets Market Trends |
6 Cape Verde Gaskets Market, By Types |
6.1 Cape Verde Gaskets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Gaskets Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Gaskets Market Revenues & Volume, By Contact Gaskets, 2021- 2031F |
6.1.4 Cape Verde Gaskets Market Revenues & Volume, By Contactless Gaskets, 2021- 2031F |
6.2 Cape Verde Gaskets Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Gaskets Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Cape Verde Gaskets Market Revenues & Volume, By Electrical, 2021- 2031F |
6.2.4 Cape Verde Gaskets Market Revenues & Volume, By Industrial Manufacturing, 2021- 2031F |
6.2.5 Cape Verde Gaskets Market Revenues & Volume, By Oil and gas, 2021- 2031F |
6.2.6 Cape Verde Gaskets Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.7 Cape Verde Gaskets Market Revenues & Volume, By Marine and Rail, 2021- 2031F |
6.2.8 Cape Verde Gaskets Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Cape Verde Gaskets Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Gaskets Market Import-Export Trade Statistics |
7.1 Cape Verde Gaskets Market Export to Major Countries |
7.2 Cape Verde Gaskets Market Imports from Major Countries |
8 Cape Verde Gaskets Market Key Performance Indicators |
8.1 Average lifespan of gaskets in use. |
8.2 Percentage of gaskets meeting industry quality standards. |
8.3 Rate of adoption of new gasket technologies in the market. |
8.4 Number of new gasket materials introduced annually. |
8.5 Customer satisfaction levels regarding gasket performance and durability. |
9 Cape Verde Gaskets Market - Opportunity Assessment |
9.1 Cape Verde Gaskets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Gaskets Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Cape Verde Gaskets Market - Competitive Landscape |
10.1 Cape Verde Gaskets Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Gaskets 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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