| Product Code: ETC5828988 | 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 |
In 2024, Cape Verde continued to heavily rely on imports of oil burners, with top exporters including Portugal, Spain, Areas, nes, China, and Italy. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The industry experienced a significant decline in compound annual growth rate (CAGR) from 2020 to 2024 at -11.52%, with a steep drop in growth rate from 2023 to 2024 at -57.36%. This data suggests a challenging market environment for oil burner imports in Cape Verde, possibly influenced by various economic factors.

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 Oil Burner Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Oil Burner Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Oil Burner Market - Industry Life Cycle |
3.4 Cape Verde Oil Burner Market - Porter's Five Forces |
3.5 Cape Verde Oil Burner Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Oil Burner Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde Oil Burner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Cape Verde |
4.2.2 Growing focus on renewable energy sources and sustainability initiatives |
4.2.3 Government incentives and regulations promoting the adoption of oil burners in Cape Verde |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with oil burners |
4.3.2 Limited awareness and knowledge about the benefits of oil burners among consumers in Cape Verde |
4.3.3 Availability of alternative heating solutions in the market |
5 Cape Verde Oil Burner Market Trends |
6 Cape Verde Oil Burner Market Segmentations |
6.1 Cape Verde Oil Burner Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Oil Burner Market Revenues & Volume, By Pot Types, 2021-2031F |
6.1.3 Cape Verde Oil Burner Market Revenues & Volume, By Gun Types, 2021-2031F |
6.1.4 Cape Verde Oil Burner Market Revenues & Volume, By Rotary Types, 2021-2031F |
6.1.5 Cape Verde Oil Burner Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Oil Burner Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Oil Burner Market Revenues & Volume, By Residential Heaters, 2021-2031F |
6.2.3 Cape Verde Oil Burner Market Revenues & Volume, By Industrial Heating, 2021-2031F |
6.2.4 Cape Verde Oil Burner Market Revenues & Volume, By Other, 2021-2031F |
7 Cape Verde Oil Burner Market Import-Export Trade Statistics |
7.1 Cape Verde Oil Burner Market Export to Major Countries |
7.2 Cape Verde Oil Burner Market Imports from Major Countries |
8 Cape Verde Oil Burner Market Key Performance Indicators |
8.1 Percentage increase in the number of energy-efficient heating installations in Cape Verde |
8.2 Adoption rate of oil burners compared to traditional heating systems in residential and commercial buildings |
8.3 Percentage of government subsidies or incentives utilized for the installation of oil burners |
9 Cape Verde Oil Burner Market - Opportunity Assessment |
9.1 Cape Verde Oil Burner Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Oil Burner Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde Oil Burner Market - Competitive Landscape |
10.1 Cape Verde Oil Burner Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Oil Burner Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |