| Product Code: ETC6685424 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The permanent magnet import market in Cape Verde continued to show strong growth in 2024, with a notable CAGR of 31.92% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 (-16.57%), the top exporting countries to Cape Verde, including Spain, Portugal, China, Italy, and France, maintained a high level of concentration, as indicated by the high HHI. This suggests a competitive market with significant opportunities for both local and international suppliers to tap into the growing demand for permanent magnets in Cape Verde.

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 Permanent Magnet Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Permanent Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Permanent Magnet Market - Industry Life Cycle |
3.4 Cape Verde Permanent Magnet Market - Porter's Five Forces |
3.5 Cape Verde Permanent Magnet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Permanent Magnet Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Cape Verde Permanent Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Permanent Magnet Market Trends |
6 Cape Verde Permanent Magnet Market, By Types |
6.1 Cape Verde Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Permanent Magnet Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2021- 2031F |
6.1.4 Cape Verde Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2021- 2031F |
6.1.5 Cape Verde Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2021- 2031F |
6.1.6 Cape Verde Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2021- 2031F |
6.1.7 Cape Verde Permanent Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Cape Verde Permanent Magnet Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.2.4 Cape Verde Permanent Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Cape Verde Permanent Magnet Market Revenues & Volume, By Medical Technology, 2021- 2031F |
6.2.6 Cape Verde Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2021- 2031F |
6.2.7 Cape Verde Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2021- 2031F |
7 Cape Verde Permanent Magnet Market Import-Export Trade Statistics |
7.1 Cape Verde Permanent Magnet Market Export to Major Countries |
7.2 Cape Verde Permanent Magnet Market Imports from Major Countries |
8 Cape Verde Permanent Magnet Market Key Performance Indicators |
9 Cape Verde Permanent Magnet Market - Opportunity Assessment |
9.1 Cape Verde Permanent Magnet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Permanent Magnet Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Cape Verde Permanent Magnet Market - Competitive Landscape |
10.1 Cape Verde Permanent Magnet Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Permanent Magnet 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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