| Product Code: ETC5524817 | 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 liquid nitrogen import market saw impressive growth in 2024, with Portugal, Spain, France, Netherlands, and China emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the strong Compound Annual Growth Rate (CAGR) of 9.51% from 2020 to 2024 highlights sustained expansion. The remarkable growth rate of 56.82% in 2024 signifies a rapid acceleration in import shipments. This data suggests a flourishing market for liquid nitrogen in Cape Verde, driven by key international trade partners.

The Liquid Nitrogen market in Cabo Verde is projected to grow at a exponential growth rate of 15.66% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Liquid Nitrogen Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Liquid Nitrogen Market - Industry Life Cycle |
3.4 Cape Verde Liquid Nitrogen Market - Porter's Five Forces |
3.5 Cape Verde Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Cape Verde Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 Cape Verde Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Cape Verde Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Cape Verde Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid nitrogen in various industries such as healthcare, food processing, and electronics. |
4.2.2 Growing awareness about the benefits of liquid nitrogen in industrial applications. |
4.2.3 Technological advancements leading to the development of new applications for liquid nitrogen. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up liquid nitrogen production and distribution infrastructure. |
4.3.2 Fluctuating prices of raw materials used in liquid nitrogen production. |
4.3.3 Lack of skilled workforce for handling and managing liquid nitrogen operations. |
5 Cape Verde Liquid Nitrogen Market Trends |
6 Cape Verde Liquid Nitrogen Market Segmentations |
6.1 Cape Verde Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.3 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.4 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.6 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.7 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 Cape Verde Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 Cape Verde Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 Cape Verde Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 Cape Verde Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 Cape Verde Liquid Nitrogen Market Export to Major Countries |
7.2 Cape Verde Liquid Nitrogen Market Imports from Major Countries |
8 Cape Verde Liquid Nitrogen Market Key Performance Indicators |
8.1 Average utilization rate of liquid nitrogen production facilities. |
8.2 Percentage of market penetration in key industries. |
8.3 Rate of adoption of new applications for liquid nitrogen. |
8.4 Efficiency of distribution network in reaching target markets. |
8.5 Frequency of equipment maintenance and safety checks for liquid nitrogen operations. |
9 Cape Verde Liquid Nitrogen Market - Opportunity Assessment |
9.1 Cape Verde Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Cape Verde Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 Cape Verde Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Cape Verde Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Cape Verde Liquid Nitrogen Market - Competitive Landscape |
10.1 Cape Verde Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Liquid Nitrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |