| Product Code: ETC5034332 | 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 |
The import of novelty gifts and souvenirs to Cape Verde continued to show strong growth in 2024, with Spain, China, Portugal, Germany, and "Areas, nes" being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential opportunities for market expansion and diversification. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 was impressive at 33.24%, highlighting the increasing demand for unique and culturally significant products 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 Gifts Novelty and Souvenirs Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Gifts Novelty and Souvenirs Market - Industry Life Cycle |
3.4 Cape Verde Gifts Novelty and Souvenirs Market - Porter's Five Forces |
3.5 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Gifts Novelty and Souvenirs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Gifts Novelty and Souvenirs Market Trends |
6 Cape Verde Gifts Novelty and Souvenirs Market Segmentations |
6.1 Cape Verde Gifts Novelty and Souvenirs Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, By Souvenirs and Novelty Items, 2021-2031F |
6.1.3 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, By Seasonal Decorations, 2021-2031F |
6.1.4 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, By Greeting Cards, 2021-2031F |
6.1.5 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, By Other Gift Items, 2021-2031F |
6.2 Cape Verde Gifts Novelty and Souvenirs Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Cape Verde Gifts Novelty and Souvenirs Market Revenues & Volume, By Online, 2021-2031F |
7 Cape Verde Gifts Novelty and Souvenirs Market Import-Export Trade Statistics |
7.1 Cape Verde Gifts Novelty and Souvenirs Market Export to Major Countries |
7.2 Cape Verde Gifts Novelty and Souvenirs Market Imports from Major Countries |
8 Cape Verde Gifts Novelty and Souvenirs Market Key Performance Indicators |
9 Cape Verde Gifts Novelty and Souvenirs Market - Opportunity Assessment |
9.1 Cape Verde Gifts Novelty and Souvenirs Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Gifts Novelty and Souvenirs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Gifts Novelty and Souvenirs Market - Competitive Landscape |
10.1 Cape Verde Gifts Novelty and Souvenirs Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Gifts Novelty and Souvenirs 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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