| Product Code: ETC5342759 | 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 |
Cape Verde`s grain import shipments in 2024 continued to be dominated by top exporting countries such as Argentina, Portugal, Spain, Brazil, and Senegal. The market remained highly concentrated with a very high Herfindahl-Hirschman Index (HHI) in 2024. However, the compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -11.92%, indicating a decline in grain imports over the period. Moreover, the growth rate from 2023 to 2024 saw a significant decrease of -61.44%, reflecting a challenging year for grain imports 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 Grain Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Grain Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Grain Market - Industry Life Cycle |
3.4 Cape Verde Grain Market - Porter's Five Forces |
3.5 Cape Verde Grain Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Grain Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Grain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for grains in Cape Verde due to population growth and changing dietary habits |
4.2.2 Government initiatives to support agriculture and food security in the country |
4.2.3 Growth in the tourism industry leading to higher demand for grains for food preparation |
4.3 Market Restraints |
4.3.1 Dependency on imports due to limited local grain production capabilities |
4.3.2 Vulnerability to climate change and natural disasters affecting grain production |
4.3.3 Infrastructure challenges impacting the distribution and storage of grains |
5 Cape Verde Grain Market Trends |
6 Cape Verde Grain Market Segmentations |
6.1 Cape Verde Grain Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Grain Market Revenues & Volume, By Dry Pea And Bean Farming, 2021-2031F |
6.1.3 Cape Verde Grain Market Revenues & Volume, By Wheat Farming, 2021-2031F |
6.1.4 Cape Verde Grain Market Revenues & Volume, By Corn Farming, 2021-2031F |
6.1.5 Cape Verde Grain Market Revenues & Volume, By Rice Farming, 2021-2031F |
6.1.6 Cape Verde Grain Market Revenues & Volume, By Other Grain Farming, 2021-2031F |
6.2 Cape Verde Grain Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Grain Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.3 Cape Verde Grain Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.2.4 Cape Verde Grain Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Cape Verde Grain Market Import-Export Trade Statistics |
7.1 Cape Verde Grain Market Export to Major Countries |
7.2 Cape Verde Grain Market Imports from Major Countries |
8 Cape Verde Grain Market Key Performance Indicators |
8.1 Percentage increase in local grain production capacity |
8.2 Average yield per hectare of key grain crops in Cape Verde |
8.3 Adoption rate of sustainable agricultural practices in grain cultivation |
9 Cape Verde Grain Market - Opportunity Assessment |
9.1 Cape Verde Grain Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Grain Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Grain Market - Competitive Landscape |
10.1 Cape Verde Grain Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Grain 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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