| Product Code: ETC5015712 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s glycerol import market in 2024 continued to be dominated by top exporting countries such as Portugal, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the compound annual growth rate (CAGR) from 2020 to 2024 saw a decline of -25.79%, possibly due to various factors affecting the industry. Despite this, there was a significant growth spurt in 2024 with a growth rate of 152.7% compared to the previous year, suggesting potential shifts in market dynamics and opportunities for stakeholders.

Cabo Verde's Glycerol market is anticipated to experience a stable growth rate of 4.55% by 2027, reflecting trends observed in the largest economy Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The glycerol market in Cape Verde mirrors the trends seen in the glycerin market, as glycerol is another form of the same compound with similar applications. It is used in various industries, including food, pharmaceuticals, and cosmetics. The growth of these sectors drives demand, but the market is also influenced by the costs of production and importation.
Similar to glycerin, the glycerol market in Cape Verde is driven by its applications in pharmaceuticals, personal care, and industrial processes. Glycerol`s use as a solvent, sweetener, and preservative enhances its demand. The expanding pharmaceutical sector and the rise in consumer interest in personal care products are key drivers of this market.
The glycerol market in Cape Verde encounters several challenges, including a significant reliance on imports due to the lack of local production facilities. This reliance leads to susceptibility to global price fluctuations and supply chain disruptions. Additionally, the market suffers from limited investment in advanced production technologies and infrastructure, affecting product quality and cost efficiency. Regulatory and logistical issues further complicate market operations and hinder growth prospects.
Similar to glycerin, the glycerol market in Cape Verde is influenced by government policies on chemical manufacturing and environmental sustainability. Support for local production facilities and favorable import policies help stabilize the glycerol market. Additionally, regulations regarding the safe handling and usage of chemicals affect market practices.
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 Glycerol Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Glycerol Market - Industry Life Cycle |
3.4 Cape Verde Glycerol Market - Porter's Five Forces |
3.5 Cape Verde Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Cape Verde Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cape Verde Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cape Verde Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Glycerol Market Trends |
6 Cape Verde Glycerol Market Segmentations |
6.1 Cape Verde Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.3 Cape Verde Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.4 Cape Verde Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.5 Cape Verde Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Cape Verde Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Cape Verde Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Cape Verde Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Cape Verde Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Cape Verde Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Cape Verde Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Cape Verde Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Cape Verde Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Glycerol Market Import-Export Trade Statistics |
7.1 Cape Verde Glycerol Market Export to Major Countries |
7.2 Cape Verde Glycerol Market Imports from Major Countries |
8 Cape Verde Glycerol Market Key Performance Indicators |
9 Cape Verde Glycerol Market - Opportunity Assessment |
9.1 Cape Verde Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Cape Verde Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cape Verde Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cape Verde Glycerol Market - Competitive Landscape |
10.1 Cape Verde Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |