| Product Code: ETC4669380 | 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 polystyrene import market continues to see significant growth, with a high concentration of imports coming from China, Portugal, France, Germany, and Spain in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 39.55%, reflecting a rapidly expanding market. Furthermore, the remarkable growth rate of 377.68% from 2023 to 2024 highlights the strong momentum and increasing demand for polystyrene imports in Cape Verde.

The Polystyrene market in Cabo Verde is projected to grow at a growing growth rate of 5.57% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Polystyrene Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Polystyrene Market - Industry Life Cycle |
3.4 Cape Verde Polystyrene Market - Porter's Five Forces |
3.5 Cape Verde Polystyrene Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Cape Verde Polystyrene Market Revenues & Volume Share, By Form Types, 2021 & 2031F |
3.7 Cape Verde Polystyrene Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Cape Verde Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Polystyrene Market Trends |
6 Cape Verde Polystyrene Market Segmentations |
6.1 Cape Verde Polystyrene Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Polystyrene Market Revenues & Volume, By General Purpose Polystyrene (GPPS), 2021-2031F |
6.1.3 Cape Verde Polystyrene Market Revenues & Volume, By High Impact Polystyrene (HIPS), 2021-2031F |
6.1.4 Cape Verde Polystyrene Market Revenues & Volume, By Expandable Polystyrene (EPS), 2021-2031F |
6.2 Cape Verde Polystyrene Market, By Form Types |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Polystyrene Market Revenues & Volume, By Foams, 2021-2031F |
6.2.3 Cape Verde Polystyrene Market Revenues & Volume, By Films and Sheets, 2021-2031F |
6.2.4 Cape Verde Polystyrene Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.5 Cape Verde Polystyrene Market Revenues & Volume, By Other Form Types, 2021-2031F |
6.3 Cape Verde Polystyrene Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Polystyrene Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Cape Verde Polystyrene Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.3.4 Cape Verde Polystyrene Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.5 Cape Verde Polystyrene Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.6 Cape Verde Polystyrene Market Revenues & Volume, By Other, 2021-2031F |
7 Cape Verde Polystyrene Market Import-Export Trade Statistics |
7.1 Cape Verde Polystyrene Market Export to Major Countries |
7.2 Cape Verde Polystyrene Market Imports from Major Countries |
8 Cape Verde Polystyrene Market Key Performance Indicators |
9 Cape Verde Polystyrene Market - Opportunity Assessment |
9.1 Cape Verde Polystyrene Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Cape Verde Polystyrene Market Opportunity Assessment, By Form Types, 2021 & 2031F |
9.3 Cape Verde Polystyrene Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Cape Verde Polystyrene Market - Competitive Landscape |
10.1 Cape Verde Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Polystyrene 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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