| Product Code: ETC10203791 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to heavily rely on processed fish imports, with top exporters being Portugal, Spain, Areas, nes, Italy, and Morocco. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition. Despite a significant compound annual growth rate (CAGR) of 29.42% from 2020-24, there was a notable decline in growth rate from 2023-24 at -26.09%. This fluctuation may be attributed to various factors impacting the import market dynamics, highlighting the need for further analysis and strategic planning in the industry.

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 Processed Fish Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Processed Fish Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Processed Fish Market - Industry Life Cycle |
3.4 Cape Verde Processed Fish Market - Porter's Five Forces |
3.5 Cape Verde Processed Fish Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Processed Fish Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
3.7 Cape Verde Processed Fish Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Processed Fish Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
4 Cape Verde Processed Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for convenient and ready-to-eat seafood products |
4.2.2 Rising consumer awareness about the health benefits of consuming processed fish |
4.2.3 Increase in tourism leading to higher demand for processed fish products in Cape Verde |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting production costs |
4.3.2 Competition from imported processed fish products in the market |
5 Cape Verde Processed Fish Market Trends |
6 Cape Verde Processed Fish Market, By Types |
6.1 Cape Verde Processed Fish Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Processed Fish Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Processed Fish Market Revenues & Volume, By Fresh Processed, 2021 - 2031F |
6.1.4 Cape Verde Processed Fish Market Revenues & Volume, By Frozen Processed, 2021 - 2031F |
6.1.5 Cape Verde Processed Fish Market Revenues & Volume, By Dried & Salted, 2021 - 2031F |
6.1.6 Cape Verde Processed Fish Market Revenues & Volume, By Ready-to-Eat, 2021 - 2031F |
6.2 Cape Verde Processed Fish Market, By Processing Method |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Processed Fish Market Revenues & Volume, By Smoked, 2021 - 2031F |
6.2.3 Cape Verde Processed Fish Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2.4 Cape Verde Processed Fish Market Revenues & Volume, By Fermented, 2021 - 2031F |
6.2.5 Cape Verde Processed Fish Market Revenues & Volume, By Marinated, 2021 - 2031F |
6.3 Cape Verde Processed Fish Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Processed Fish Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Cape Verde Processed Fish Market Revenues & Volume, By Food Service, 2021 - 2031F |
6.3.4 Cape Verde Processed Fish Market Revenues & Volume, By Institutional, 2021 - 2031F |
6.3.5 Cape Verde Processed Fish Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4 Cape Verde Processed Fish Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Processed Fish Market Revenues & Volume, By Vacuum Packaging, 2021 - 2031F |
6.4.3 Cape Verde Processed Fish Market Revenues & Volume, By Modified Atmosphere Packaging, 2021 - 2031F |
6.4.4 Cape Verde Processed Fish Market Revenues & Volume, By Plastic Trays, 2021 - 2031F |
6.4.5 Cape Verde Processed Fish Market Revenues & Volume, By Pouches, 2021 - 2031F |
7 Cape Verde Processed Fish Market Import-Export Trade Statistics |
7.1 Cape Verde Processed Fish Market Export to Major Countries |
7.2 Cape Verde Processed Fish Market Imports from Major Countries |
8 Cape Verde Processed Fish Market Key Performance Indicators |
8.1 Number of new product launches in the processed fish segment |
8.2 Percentage of repeat customers purchasing processed fish products |
8.3 Level of investment in marketing and promotional activities for processed fish products |
8.4 Rate of adoption of technological advancements in processing and packaging of fish products |
9 Cape Verde Processed Fish Market - Opportunity Assessment |
9.1 Cape Verde Processed Fish Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Processed Fish Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
9.3 Cape Verde Processed Fish Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Processed Fish Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
10 Cape Verde Processed Fish Market - Competitive Landscape |
10.1 Cape Verde Processed Fish Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Processed Fish 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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