| Product Code: ETC6680662 | 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 Cape Verde International Maritime Organization (IMO) compliant marine oil import shipments in 2024 continued to see top exporting countries such as Portugal, Spain, Angola, Netherlands, and France. However, there was a noticeable decrease in the growth rate from 2023 to 2024, with a significant decline of -82.84%. Despite the high concentration of the Herfindahl-Hirschman Index (HHI) in 2023, it remained at a high level in 2024. The compound annual growth rate (CAGR) for the period of 2020-2024 was negative at -21.86%, indicating a challenging market environment for marine oil 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 International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Industry Life Cycle |
3.4 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Porter's Five Forces |
3.5 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Implementation of IMO 2020 regulations mandating lower sulfur emissions from marine fuels. |
4.2.2 Increasing environmental concerns and focus on sustainable practices in the maritime industry. |
4.2.3 Growing demand for IMO 2020 compliant marine oils due to regulatory requirements. |
4.3 Market Restraints |
4.3.1 High costs associated with the production and distribution of IMO 2020 compliant marine oils. |
4.3.2 Lack of infrastructure and resources for the widespread adoption of compliant marine oils. |
4.3.3 Potential challenges in ensuring consistent quality and availability of compliant marine oils. |
5 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Trends |
6 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Types |
6.1 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Hydrogenation, 2021- 2031F |
6.1.4 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Mix and Match, 2021- 2031F |
6.1.5 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Oil Tankers, 2021- 2031F |
6.2.3 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Bulk Carriers, 2021- 2031F |
6.2.4 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By General Cargo, 2021- 2031F |
6.2.5 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Container Ships, 2021- 2031F |
6.2.6 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Import-Export Trade Statistics |
7.1 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Export to Major Countries |
7.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Imports from Major Countries |
8 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Key Performance Indicators |
8.1 Average sulfur content in marine oils sold within Cape Verde's maritime sector. |
8.2 Number of vessels in Cape Verdean waters using IMO 2020 compliant marine oils. |
8.3 Compliance rate with IMO 2020 regulations among maritime stakeholders in Cape Verde. |
9 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Opportunity Assessment |
9.1 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Competitive Landscape |
10.1 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |