| Product Code: ETC12901583 | 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 on key maize flour import sources such as Portugal, Brazil, Spain, Br. Indian Ocean Terr., and Italy. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 5.39%. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high in 2024, indicating a dominant presence of these top exporting countries in supplying maize flour to Cape Verde. This suggests a stable yet concentrated market dynamic for maize flour imports in the region.




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 Maize Flour Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Maize Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Maize Flour Market - Industry Life Cycle |
3.4 Cape Verde Maize Flour Market - Porter's Five Forces |
3.5 Cape Verde Maize Flour Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Maize Flour Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Maize Flour Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Maize Flour Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Maize Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gluten-free and healthier food options |
4.2.2 Growing population leading to higher consumption of staple food products like maize flour |
4.2.3 Rising consumer awareness about the nutritional benefits of maize flour |
4.3 Market Restraints |
4.3.1 Fluctuating prices of maize due to factors like weather conditions and global market trends |
4.3.2 Competition from other flour substitutes like cassava flour or rice flour |
4.3.3 Challenges in the supply chain leading to inconsistent availability of maize flour |
5 Cape Verde Maize Flour Market Trends |
6 Cape Verde Maize Flour Market, By Types |
6.1 Cape Verde Maize Flour Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Maize Flour Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Maize Flour Market Revenues & Volume, By Whole Maize Flour, 2021 - 2031F |
6.1.4 Cape Verde Maize Flour Market Revenues & Volume, By Refined Maize Flour, 2021 - 2031F |
6.1.5 Cape Verde Maize Flour Market Revenues & Volume, By Organic Maize Flour, 2021 - 2031F |
6.2 Cape Verde Maize Flour Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Maize Flour Market Revenues & Volume, By Bakery Products, 2021 - 2031F |
6.2.3 Cape Verde Maize Flour Market Revenues & Volume, By Snacks & Confectionery, 2021 - 2031F |
6.2.4 Cape Verde Maize Flour Market Revenues & Volume, By Health Products, 2021 - 2031F |
6.3 Cape Verde Maize Flour Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Maize Flour Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.3.3 Cape Verde Maize Flour Market Revenues & Volume, By Retail Consumers, 2021 - 2031F |
6.3.4 Cape Verde Maize Flour Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.4 Cape Verde Maize Flour Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Maize Flour Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Cape Verde Maize Flour Market Revenues & Volume, By Online Sales, 2021 - 2031F |
6.4.4 Cape Verde Maize Flour Market Revenues & Volume, By Distributors, 2021 - 2031F |
7 Cape Verde Maize Flour Market Import-Export Trade Statistics |
7.1 Cape Verde Maize Flour Market Export to Major Countries |
7.2 Cape Verde Maize Flour Market Imports from Major Countries |
8 Cape Verde Maize Flour Market Key Performance Indicators |
8.1 Average selling price of maize flour |
8.2 Consumer satisfaction and repeat purchase rate |
8.3 Market penetration rate of maize flour in households |
8.4 Number of new product developments in the maize flour market |
8.5 Percentage of retail shelf space dedicated to maize flour in supermarkets |
9 Cape Verde Maize Flour Market - Opportunity Assessment |
9.1 Cape Verde Maize Flour Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Maize Flour Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Maize Flour Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Maize Flour Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Maize Flour Market - Competitive Landscape |
10.1 Cape Verde Maize Flour Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Maize Flour 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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