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

Market Forecast By Type (Marble, Granite, Limestone, Others), By Application (Flooring, Memorial Arts, Wall Cladding, Others), By Construction Type (New Construction, Renovation) And Competitive Landscape
Product Code: ETC5292485 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 Natural Stone Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Portugal emerged as the top exporter of natural stone to Cape Verde, reflecting a strong trade relationship. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market saw a steady compound annual growth rate (CAGR) of 6.63% from 2020 to 2024. However, the industry experienced a notable decline in growth rate from 2023 to 2024 at -37.18%, signaling potential shifts in market dynamics or external factors impacting import shipments of natural stone to Cape Verde.

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

Natural Stone Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)


In the Africa region, the Natural Stone market in Cabo Verde is projected to expand at a high growth rate of 12.08% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

Natural Stone Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)

Key Highlights of the Report:

  • Cape Verde Natural Stone Market Outlook
  • Market Size of Cape Verde Natural Stone Market, 2024
  • Forecast of Cape Verde Natural Stone Market, 2031
  • Historical Data and Forecast of Cape Verde Natural Stone Revenues & Volume for the Period 2021-2031
  • Cape Verde Natural Stone Market Trend Evolution
  • Cape Verde Natural Stone Market Drivers and Challenges
  • Cape Verde Natural Stone Price Trends
  • Cape Verde Natural Stone Porter`s Five Forces
  • Cape Verde Natural Stone Industry Life Cycle
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Marble for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Granite for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Limestone for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Flooring for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Memorial Arts for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Wall Cladding for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Construction Type for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By New Construction for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Natural Stone Market Revenues & Volume By Renovation for the Period 2021-2031
  • Cape Verde Natural Stone Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Construction Type
  • Cape Verde Natural Stone Top Companies Market Share
  • Cape Verde Natural Stone Competitive Benchmarking By Technical and Operational Parameters
  • Cape Verde Natural Stone Company Profiles
  • Cape Verde Natural Stone Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Cape Verde Natural Stone Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cape Verde Natural Stone Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Natural Stone Market Overview

3.1 Cape Verde Country Macro Economic Indicators

3.2 Cape Verde Natural Stone Market Revenues & Volume, 2021 & 2031F

3.3 Cape Verde Natural Stone Market - Industry Life Cycle

3.4 Cape Verde Natural Stone Market - Porter's Five Forces

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

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

3.7 Cape Verde Natural Stone Market Revenues & Volume Share, By Construction Type, 2021 & 2031F

4 Cape Verde Natural Stone Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for sustainable and eco-friendly building materials

4.2.2 Growing popularity of natural and unique aesthetics in construction and interior design

4.2.3 Rise in infrastructure development projects in Cape Verde

4.3 Market Restraints

4.3.1 High production costs associated with quarrying and processing natural stones

4.3.2 Limited availability of skilled labor for stone extraction and fabrication

4.3.3 Fluctuating prices of raw materials and transportation costs

5 Cape Verde Natural Stone Market Trends

6 Cape Verde Natural Stone Market Segmentations

6.1 Cape Verde Natural Stone Market, By Type

6.1.1 Overview and Analysis

6.1.2 Cape Verde Natural Stone Market Revenues & Volume, By Marble, 2021-2031F

6.1.3 Cape Verde Natural Stone Market Revenues & Volume, By Granite, 2021-2031F

6.1.4 Cape Verde Natural Stone Market Revenues & Volume, By Limestone, 2021-2031F

6.1.5 Cape Verde Natural Stone Market Revenues & Volume, By Others, 2021-2031F

6.2 Cape Verde Natural Stone Market, By Application

6.2.1 Overview and Analysis

6.2.2 Cape Verde Natural Stone Market Revenues & Volume, By Flooring, 2021-2031F

6.2.3 Cape Verde Natural Stone Market Revenues & Volume, By Memorial Arts, 2021-2031F

6.2.4 Cape Verde Natural Stone Market Revenues & Volume, By Wall Cladding, 2021-2031F

6.2.5 Cape Verde Natural Stone Market Revenues & Volume, By Others, 2021-2031F

6.3 Cape Verde Natural Stone Market, By Construction Type

6.3.1 Overview and Analysis

6.3.2 Cape Verde Natural Stone Market Revenues & Volume, By New Construction, 2021-2031F

6.3.3 Cape Verde Natural Stone Market Revenues & Volume, By Renovation, 2021-2031F

7 Cape Verde Natural Stone Market Import-Export Trade Statistics

7.1 Cape Verde Natural Stone Market Export to Major Countries

7.2 Cape Verde Natural Stone Market Imports from Major Countries

8 Cape Verde Natural Stone Market Key Performance Indicators

8.1 Rate of adoption of sustainable practices in the natural stone industry

8.2 Number of construction projects incorporating natural stone in Cape Verde

8.3 Investment in technology and automation in stone extraction and processing industry

9 Cape Verde Natural Stone Market - Opportunity Assessment

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

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

9.3 Cape Verde Natural Stone Market Opportunity Assessment, By Construction Type, 2021 & 2031F

10 Cape Verde Natural Stone Market - Competitive Landscape

10.1 Cape Verde Natural Stone Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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