| Product Code: ETC4706088 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s import shipments of patchouli oil in 2024 continued to be dominated by key suppliers such as Malta, Portugal, Spain, Areas, nes, and Brazil. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) for the period 2020-2024 experienced a decline of -3.07%. However, there was a positive growth rate of 6.11% from 2023 to 2024, suggesting a potential rebound in demand for patchouli oil in Cape Verde.

By 2027, the Patchouli oil market in Cabo Verde is anticipated to reach a growth rate of 7.37%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Patchouli oil Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Patchouli oil Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Patchouli oil Market - Industry Life Cycle |
3.4 Cape Verde Patchouli oil Market - Porter's Five Forces |
3.5 Cape Verde Patchouli oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Patchouli oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Patchouli oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Patchouli oil Market Trends |
6 Cape Verde Patchouli oil Market Segmentations |
6.1 Cape Verde Patchouli oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Patchouli oil Market Revenues & Volume, By Dark Patchouli Oil, 2021-2031F |
6.1.3 Cape Verde Patchouli oil Market Revenues & Volume, By Light Patchouli Oil, 2021-2031F |
6.2 Cape Verde Patchouli oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Patchouli oil Market Revenues & Volume, By Perfumery, 2021-2031F |
6.2.3 Cape Verde Patchouli oil Market Revenues & Volume, By Medicine, 2021-2031F |
6.2.4 Cape Verde Patchouli oil Market Revenues & Volume, By Flavorings, 2021-2031F |
6.2.5 Cape Verde Patchouli oil Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Patchouli oil Market Import-Export Trade Statistics |
7.1 Cape Verde Patchouli oil Market Export to Major Countries |
7.2 Cape Verde Patchouli oil Market Imports from Major Countries |
8 Cape Verde Patchouli oil Market Key Performance Indicators |
9 Cape Verde Patchouli oil Market - Opportunity Assessment |
9.1 Cape Verde Patchouli oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Patchouli oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Patchouli oil Market - Competitive Landscape |
10.1 Cape Verde Patchouli oil Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Patchouli oil 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.
To discover high-growth global markets and optimize your business strategy:
Click Here