| Product Code: ETC6679881 | 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 market for hemp-derived cannabidiol imports in Cape Verde continued to show strong growth in 2024, with top exporting countries being Portugal, Spain, Italy, Senegal, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the compound annual growth rate (CAGR) of 2.57% from 2020 to 2024 underscores steady expansion. Furthermore, the impressive growth rate of 30.25% from 2023 to 2024 suggests a rapidly accelerating market trend, with potential for further development and opportunities in the hemp-derived cannabidiol sector 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 Hemp-Derived Cannabidiol Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Hemp-Derived Cannabidiol Market - Industry Life Cycle |
3.4 Cape Verde Hemp-Derived Cannabidiol Market - Porter's Five Forces |
3.5 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.9 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Hemp-Derived Cannabidiol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness and acceptance of the health benefits of hemp-derived cannabidiol products |
4.2.2 Increasing demand for natural and organic wellness products |
4.2.3 Favorable regulatory environment supporting the cultivation and sale of hemp-derived cannabidiol products in Cape Verde |
4.3 Market Restraints |
4.3.1 Limited local production capabilities leading to reliance on imports |
4.3.2 Lack of standardized regulations and quality control measures for hemp-derived cannabidiol products |
4.3.3 Potential stigma or misconceptions surrounding the use of cannabidiol in Cape Verde |
5 Cape Verde Hemp-Derived Cannabidiol Market Trends |
6 Cape Verde Hemp-Derived Cannabidiol Market, By Types |
6.1 Cape Verde Hemp-Derived Cannabidiol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hemp Fiber, 2021- 2031F |
6.1.4 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hemp Seed, 2021- 2031F |
6.1.5 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hemp Seed Oil, 2021- 2031F |
6.1.6 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By CBD Hemp Oil, 2021- 2031F |
6.2 Cape Verde Hemp-Derived Cannabidiol Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hemp-derived CBD Distillate, 2021- 2031F |
6.2.3 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hemp-derived CBD Isolate, 2021- 2031F |
6.2.4 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hemp-derived CBD Terpenes, 2021- 2031F |
6.2.5 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Hemp-Derived Cannabidiol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.3.3 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Atopic Dermatitis, 2021- 2031F |
6.3.4 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Seizure, 2021- 2031F |
6.3.5 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Anxiety, 2021- 2031F |
6.3.6 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By High Cholesterol, 2021- 2031F |
6.3.7 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cape Verde Hemp-Derived Cannabidiol Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Clinic, 2021- 2031F |
6.4.3 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hospital, 2021- 2031F |
6.4.4 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Cape Verde Hemp-Derived Cannabidiol Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Hospital Pharmacy, 2021- 2031F |
6.5.3 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.5.4 Cape Verde Hemp-Derived Cannabidiol Market Revenues & Volume, By Online Pharmacy, 2021- 2031F |
7 Cape Verde Hemp-Derived Cannabidiol Market Import-Export Trade Statistics |
7.1 Cape Verde Hemp-Derived Cannabidiol Market Export to Major Countries |
7.2 Cape Verde Hemp-Derived Cannabidiol Market Imports from Major Countries |
8 Cape Verde Hemp-Derived Cannabidiol Market Key Performance Indicators |
8.1 Number of new product launches in the hemp-derived cannabidiol market in Cape Verde |
8.2 Growth rate of distribution channels for hemp-derived cannabidiol products |
8.3 Consumer awareness and perception surveys on hemp-derived cannabidiol products in Cape Verde |
9 Cape Verde Hemp-Derived Cannabidiol Market - Opportunity Assessment |
9.1 Cape Verde Hemp-Derived Cannabidiol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Hemp-Derived Cannabidiol Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Cape Verde Hemp-Derived Cannabidiol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde Hemp-Derived Cannabidiol Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.5 Cape Verde Hemp-Derived Cannabidiol Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Hemp-Derived Cannabidiol Market - Competitive Landscape |
10.1 Cape Verde Hemp-Derived Cannabidiol Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Hemp-Derived Cannabidiol 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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