| Product Code: ETC6683453 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde saw a significant increase in the concentration of import shipments for natural spirits, with top exporting countries being Portugal, Spain, Cuba, Brazil, and Angola. The high concentration reflects a dominant market presence by these key players. However, the industry experienced a negative compound annual growth rate of -3.32% from 2020 to 2024, with a steep decline in growth rate of -42.61% from 2023 to 2024. This suggests a challenging environment for natural spirits imports in Cape Verde, highlighting the need for strategic adjustments and market innovations to stimulate growth.

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 Natural Spirits Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Natural Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Natural Spirits Market - Industry Life Cycle |
3.4 Cape Verde Natural Spirits Market - Porter's Five Forces |
3.5 Cape Verde Natural Spirits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Natural Spirits Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Cape Verde Natural Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Natural Spirits Market Trends |
6 Cape Verde Natural Spirits Market, By Types |
6.1 Cape Verde Natural Spirits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Natural Spirits Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Natural Spirits Market Revenues & Volume, By Gin, 2021- 2031F |
6.1.4 Cape Verde Natural Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.5 Cape Verde Natural Spirits Market Revenues & Volume, By Cane, 2021- 2031F |
6.1.6 Cape Verde Natural Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.7 Cape Verde Natural Spirits Market Revenues & Volume, By Flavoured Spirits, 2021- 2031F |
6.1.8 Cape Verde Natural Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.9 Cape Verde Natural Spirits Market Revenues & Volume, By Taquila, 2021- 2031F |
6.1.10 Cape Verde Natural Spirits Market Revenues & Volume, By Taquila, 2021- 2031F |
6.2 Cape Verde Natural Spirits Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Natural Spirits Market Revenues & Volume, By Hypermarket, 2021- 2031F |
6.2.3 Cape Verde Natural Spirits Market Revenues & Volume, By Supermarket, 2021- 2031F |
6.2.4 Cape Verde Natural Spirits Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.5 Cape Verde Natural Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Natural Spirits Market Import-Export Trade Statistics |
7.1 Cape Verde Natural Spirits Market Export to Major Countries |
7.2 Cape Verde Natural Spirits Market Imports from Major Countries |
8 Cape Verde Natural Spirits Market Key Performance Indicators |
9 Cape Verde Natural Spirits Market - Opportunity Assessment |
9.1 Cape Verde Natural Spirits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Natural Spirits Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Cape Verde Natural Spirits Market - Competitive Landscape |
10.1 Cape Verde Natural Spirits Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Natural Spirits 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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