| Product Code: ETC12933455 | 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 |
Cape Verde`s import shipments of mate saw significant growth in 2024, with top exporting countries being Spain, Portugal, Germany, Italy, and Senegal. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 31.68%, with a steady growth rate of 4.22% from 2023 to 2024. This data suggests a thriving market for mate imports in Cape Verde, driven by strong trade relationships with key exporting nations.

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 Mate Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Mate Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Mate Market - Industry Life Cycle |
3.4 Cape Verde Mate Market - Porter's Five Forces |
3.5 Cape Verde Mate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Mate Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.7 Cape Verde Mate Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Cape Verde Mate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Mate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for natural and healthy beverages |
4.2.2 Growing popularity of traditional and artisanal beverages |
4.2.3 Rising demand for unique and exotic flavors in the beverage industry |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for mate production in Cape Verde |
4.3.2 High production costs and pricing pressure in the market |
4.3.3 Lack of established distribution channels for Cape Verde mate products |
5 Cape Verde Mate Market Trends |
6 Cape Verde Mate Market, By Types |
6.1 Cape Verde Mate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Mate Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Mate Market Revenues & Volume, By Traditional, 2021 - 2031F |
6.1.4 Cape Verde Mate Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.1.5 Cape Verde Mate Market Revenues & Volume, By Instant, 2021 - 2031F |
6.2 Cape Verde Mate Market, By Processing Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Mate Market Revenues & Volume, By Loose Leaf, 2021 - 2031F |
6.2.3 Cape Verde Mate Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.2.4 Cape Verde Mate Market Revenues & Volume, By Extract-Based, 2021 - 2031F |
6.3 Cape Verde Mate Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Mate Market Revenues & Volume, By Boxes & Bags, 2021 - 2031F |
6.3.3 Cape Verde Mate Market Revenues & Volume, By Tins & Jars, 2021 - 2031F |
6.3.4 Cape Verde Mate Market Revenues & Volume, By Sachets, 2021 - 2031F |
6.4 Cape Verde Mate Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Mate Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.3 Cape Verde Mate Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Cape Verde Mate Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
7 Cape Verde Mate Market Import-Export Trade Statistics |
7.1 Cape Verde Mate Market Export to Major Countries |
7.2 Cape Verde Mate Market Imports from Major Countries |
8 Cape Verde Mate Market Key Performance Indicators |
8.1 Percentage of repeat customers purchasing Cape Verde mate products |
8.2 Number of new product launches and innovations in the Cape Verde mate market |
8.3 Growth in the number of partnerships and collaborations with local farmers for raw material sourcing |
9 Cape Verde Mate Market - Opportunity Assessment |
9.1 Cape Verde Mate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Mate Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
9.3 Cape Verde Mate Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Cape Verde Mate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Mate Market - Competitive Landscape |
10.1 Cape Verde Mate Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Mate 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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