| Product Code: ETC5680427 | 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 |
The imports of herbicides to Cape Verde in 2024 continued to be dominated by key players such as Portugal, Japan, France, China, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -2.42%, while the growth rate from 2023 to 2024 saw a significant decline of -83.83%. This data suggests potential challenges and shifts in the herbicides market dynamics 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 Herbicides? Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Herbicides? Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Herbicides? Market - Industry Life Cycle |
3.4 Cape Verde Herbicides? Market - Porter's Five Forces |
3.5 Cape Verde Herbicides? Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Herbicides? Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F |
3.7 Cape Verde Herbicides? Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Cape Verde Herbicides? Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of modern farming practices in Cape Verde |
4.2.2 Growing awareness about the benefits of herbicides in improving crop yield |
4.2.3 Government initiatives to promote agriculture and increase food security |
4.3 Market Restraints |
4.3.1 Concerns about the environmental impact of herbicide use |
4.3.2 Limited availability of advanced herbicides in the market |
4.3.3 Price volatility of herbicides affecting affordability for farmers |
5 Cape Verde Herbicides? Market Trends |
6 Cape Verde Herbicides? Market Segmentations |
6.1 Cape Verde Herbicides? Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Herbicides? Market Revenues & Volume, By Glyphosate, 2021-2031F |
6.1.3 Cape Verde Herbicides? Market Revenues & Volume, By 2, 4-D, 2021-2031F |
6.1.4 Cape Verde Herbicides? Market Revenues & Volume, By Diquat, 2021-2031F |
6.1.5 Cape Verde Herbicides? Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Herbicides? Market, By Mode of Action |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Herbicides? Market Revenues & Volume, By Non-Selective, 2021-2031F |
6.2.3 Cape Verde Herbicides? Market Revenues & Volume, By Selective, 2021-2031F |
6.3 Cape Verde Herbicides? Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Herbicides? Market Revenues & Volume, By Cereals & Grains, 2021-2031F |
6.3.3 Cape Verde Herbicides? Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F | 6.3.4 Cape Verde Herbicides? Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.3.5 Cape Verde Herbicides? Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Herbicides? Market Import-Export Trade Statistics |
7.1 Cape Verde Herbicides? Market Export to Major Countries |
7.2 Cape Verde Herbicides? Market Imports from Major Countries |
8 Cape Verde Herbicides? Market Key Performance Indicators |
8.1 Adoption rate of modern farming practices in Cape Verde |
8.2 Usage of herbicides per hectare of farmland |
8.3 Number of research and development projects focused on herbicides in Cape Verde |
9 Cape Verde Herbicides? Market - Opportunity Assessment |
9.1 Cape Verde Herbicides? Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Herbicides? Market Opportunity Assessment, By Mode of Action, 2021 & 2031F |
9.3 Cape Verde Herbicides? Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 Cape Verde Herbicides? Market - Competitive Landscape |
10.1 Cape Verde Herbicides? Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Herbicides? 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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