Cape Verde Magnet Market (2025-2031) | Industry, Growth, Competitive Landscape, Share, Analysis, Size & Revenue, Segmentation, Companies, Trends, Value, Outlook, Forecast

Name: Cape Verde Magnet Market (2025-2031) | Industry & Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Magnet Market, Cape Verde Magnet Market, Cape Verde Magnet Market Revenues, Cape Verde Magnet Market Share, Cape Verde Magnet Market Size, Cape Verde Magnet Market Outlook, Cape Verde Magnet Market Report, Cape Verde Magnet Market Competition, Cape Verde Magnet Market Overview, Cape Verde Magnet Market Trends, Cape Verde Magnet Market Forecast

Market Forecast By Magnet Type (Ferrite, Neodymium Iron Boron (NdFeB), Aluminium Nickel Cobalt (AlNiCo), Samarium Cobalt (SmCo)), By Application (Computer Hard Disk Drives (HDD), CD, DVD, Hybrid Electric Vehicles, Electric Bicycles, Heating, Ventilating and Air Conditioners (HVAC), Wind Turbines) And Competitive Landscape

Product Code: ETC6681943	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Cape Verde Magnet Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Cape Verde continues to see a strong demand for magnets, with top importing countries such as Spain, Portugal, China, Italy, and France leading the way in 2024. Despite a slight decline in growth rate from 2023 to 2024, the Compound Annual Growth Rate (CAGR) from 2020 to 2024 remains impressive at 31.92%. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape, suggesting a significant market share held by key players. The magnet import market in Cape Verde is dynamic and competitive, with opportunities for further growth and development in the coming years.

Cape Verde Magnet Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Cape Verde Magnet Market Outlook
Market Size of Cape Verde Magnet Market, 2024
Forecast of Cape Verde Magnet Market, 2031
Historical Data and Forecast of Cape Verde Magnet Revenues & Volume for the Period 2021- 2031
Cape Verde Magnet Market Trend Evolution
Cape Verde Magnet Market Drivers and Challenges
Cape Verde Magnet Price Trends
Cape Verde Magnet Porter's Five Forces
Cape Verde Magnet Industry Life Cycle
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Magnet Type for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Ferrite for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Neodymium Iron Boron (NdFeB) for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Aluminium Nickel Cobalt (AlNiCo) for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Samarium Cobalt (SmCo) for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Computer Hard Disk Drives (HDD), CD, DVD for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Hybrid Electric Vehicles for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Electric Bicycles for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Heating, Ventilating and Air Conditioners (HVAC) for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Magnet Market Revenues & Volume By Wind Turbines for the Period 2021- 2031
Cape Verde Magnet Import Export Trade Statistics
Market Opportunity Assessment By Magnet Type
Market Opportunity Assessment By Application
Cape Verde Magnet Top Companies Market Share
Cape Verde Magnet Competitive Benchmarking By Technical and Operational Parameters
Cape Verde Magnet Company Profiles
Cape Verde Magnet Key Strategic Recommendations

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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 Magnet Market Overview

3.1 Cape Verde Country Macro Economic Indicators

3.2 Cape Verde Magnet Market Revenues & Volume, 2021 & 2031F

3.3 Cape Verde Magnet Market - Industry Life Cycle

3.4 Cape Verde Magnet Market - Porter's Five Forces

3.5 Cape Verde Magnet Market Revenues & Volume Share, By Magnet Type, 2021 & 2031F

3.6 Cape Verde Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Cape Verde Magnet Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in tourism industry in Cape Verde leading to increased demand for souvenirs like magnets

4.2.2 Rise in disposable income of consumers in Cape Verde driving spending on non-essential items

4.2.3 Expansion of retail channels and online platforms making magnets more accessible to a wider consumer base

4.3 Market Restraints

4.3.1 Competition from cheaper imported magnets affecting sales of locally-made magnets

4.3.2 Fluctuations in foreign exchange rates impacting the cost of raw materials for magnet production

4.3.3 Seasonality of tourist arrivals affecting demand for magnets in Cape Verde

5 Cape Verde Magnet Market Trends

6 Cape Verde Magnet Market, By Types

6.1 Cape Verde Magnet Market, By Magnet Type

6.1.1 Overview and Analysis

6.1.2 Cape Verde Magnet Market Revenues & Volume, By Magnet Type, 2021- 2031F

6.1.3 Cape Verde Magnet Market Revenues & Volume, By Ferrite, 2021- 2031F

6.1.4 Cape Verde Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021- 2031F

6.1.5 Cape Verde Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2021- 2031F

6.1.6 Cape Verde Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021- 2031F

6.2 Cape Verde Magnet Market, By Application

6.2.1 Overview and Analysis

6.2.2 Cape Verde Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2021- 2031F

6.2.3 Cape Verde Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2021- 2031F

6.2.4 Cape Verde Magnet Market Revenues & Volume, By Electric Bicycles, 2021- 2031F

6.2.5 Cape Verde Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2021- 2031F

6.2.6 Cape Verde Magnet Market Revenues & Volume, By Wind Turbines, 2021- 2031F

7 Cape Verde Magnet Market Import-Export Trade Statistics

7.1 Cape Verde Magnet Market Export to Major Countries

7.2 Cape Verde Magnet Market Imports from Major Countries

8 Cape Verde Magnet Market Key Performance Indicators

8.1 Number of tourists visiting Cape Verde annually

8.2 Percentage of disposable income spent on souvenirs by consumers in Cape Verde

8.3 Growth in the number of retail outlets and online platforms selling magnets in Cape Verde

9 Cape Verde Magnet Market - Opportunity Assessment

9.1 Cape Verde Magnet Market Opportunity Assessment, By Magnet Type, 2021 & 2031F

9.2 Cape Verde Magnet Market Opportunity Assessment, By Application, 2021 & 2031F

10 Cape Verde Magnet Market - Competitive Landscape

10.1 Cape Verde Magnet Market Revenue Share, By Companies, 2024

10.2 Cape Verde Magnet Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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