| Product Code: ETC12525263 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to rely heavily on imports of LFP battery packs, with top exporters being Portugal, China, Spain, Netherlands, and Switzerland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a respectable compound annual growth rate (CAGR) of 5.64% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -21.76%. This may suggest a temporary slowdown or market adjustment, emphasizing the need for strategic analysis and monitoring in the coming years.

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 LFP Battery Pack Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde LFP Battery Pack Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde LFP Battery Pack Market - Industry Life Cycle |
3.4 Cape Verde LFP Battery Pack Market - Porter's Five Forces |
3.5 Cape Verde LFP Battery Pack Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde LFP Battery Pack Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde LFP Battery Pack Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Cape Verde LFP Battery Pack Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
4 Cape Verde LFP Battery Pack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde LFP Battery Pack Market Trends |
6 Cape Verde LFP Battery Pack Market, By Types |
6.1 Cape Verde LFP Battery Pack Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde LFP Battery Pack Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cape Verde LFP Battery Pack Market Revenues & Volume, By Portable, 2021 - 2031F |
6.1.4 Cape Verde LFP Battery Pack Market Revenues & Volume, By Stationary, 2021 - 2031F |
6.2 Cape Verde LFP Battery Pack Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde LFP Battery Pack Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 Cape Verde LFP Battery Pack Market Revenues & Volume, By Renewable Energy Storage, 2021 - 2031F |
6.3 Cape Verde LFP Battery Pack Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde LFP Battery Pack Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.3.3 Cape Verde LFP Battery Pack Market Revenues & Volume, By Medium and Heavy-Duty Trucks, 2021 - 2031F |
6.3.4 Cape Verde LFP Battery Pack Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.4 Cape Verde LFP Battery Pack Market, By Battery Capacity |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde LFP Battery Pack Market Revenues & Volume, By 40-80 kWh, 2021 - 2031F |
6.4.3 Cape Verde LFP Battery Pack Market Revenues & Volume, By Above 80 kWh, 2021 - 2031F |
6.4.4 Cape Verde LFP Battery Pack Market Revenues & Volume, By Below 40 kWh, 2021 - 2031F |
7 Cape Verde LFP Battery Pack Market Import-Export Trade Statistics |
7.1 Cape Verde LFP Battery Pack Market Export to Major Countries |
7.2 Cape Verde LFP Battery Pack Market Imports from Major Countries |
8 Cape Verde LFP Battery Pack Market Key Performance Indicators |
9 Cape Verde LFP Battery Pack Market - Opportunity Assessment |
9.1 Cape Verde LFP Battery Pack Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde LFP Battery Pack Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde LFP Battery Pack Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Cape Verde LFP Battery Pack Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
10 Cape Verde LFP Battery Pack Market - Competitive Landscape |
10.1 Cape Verde LFP Battery Pack Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde LFP Battery Pack 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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