| Product Code: ETC5368428 | 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 |
The Cape Verde radio and audio equipment import market continued to see a high level of concentration in 2024, with top exporting countries being Portugal, China, Spain, Areas, nes, and the United States of America. The industry experienced a significant decline in both CAGR (-23.15%) and growth rate (-26.11%) from 2020 to 2024. Despite the challenging trends, the market remains reliant on key exporters for its supply of radio and audio equipment, indicating a need for diversification to mitigate risks in the future.

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 Radio and Audio Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Radio and Audio Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Radio and Audio Equipment Market - Industry Life Cycle |
3.4 Cape Verde Radio and Audio Equipment Market - Porter's Five Forces |
3.5 Cape Verde Radio and Audio Equipment Market Revenues & Volume Share, By Radio Type, 2021 & 2031F |
3.6 Cape Verde Radio and Audio Equipment Market Revenues & Volume Share, By Audio Equipment Type, 2021 & 2031F |
3.7 Cape Verde Radio and Audio Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Cape Verde Radio and Audio Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Cape Verde leading to higher consumer spending on radio and audio equipment. |
4.2.2 Growing popularity of podcasts and online streaming services driving the demand for audio equipment. |
4.2.3 Technological advancements leading to the introduction of innovative and high-quality audio products in the market. |
4.3 Market Restraints |
4.3.1 Limited awareness about the latest audio equipment trends among consumers in Cape Verde. |
4.3.2 High import taxes and tariffs on audio equipment impacting the affordability for consumers. |
4.3.3 Availability of counterfeit or low-quality audio equipment in the market affecting the sales of legitimate products. |
5 Cape Verde Radio and Audio Equipment Market Trends |
6 Cape Verde Radio and Audio Equipment Market Segmentations |
6.1 Cape Verde Radio and Audio Equipment Market, By Radio Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Broadcast Radio, 2021-2031F |
6.1.3 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Online/Mobile Radio, 2021-2031F |
6.1.4 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Satellite Radio, 2021-2031F |
6.2 Cape Verde Radio and Audio Equipment Market, By Audio Equipment Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Loudspeakers, 2021-2031F |
6.2.3 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Microphones, 2021-2031F |
6.2.4 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Amplifiers, 2021-2031F | 6.2.5 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Turntables, 2021-2031F |
6.2.6 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By Others ? , 2021-2031F |
6.3 Cape Verde Radio and Audio Equipment Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By B2B, 2021-2031F |
6.3.3 Cape Verde Radio and Audio Equipment Market Revenues & Volume, By B2C, 2021-2031F |
7 Cape Verde Radio and Audio Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde Radio and Audio Equipment Market Export to Major Countries |
7.2 Cape Verde Radio and Audio Equipment Market Imports from Major Countries |
8 Cape Verde Radio and Audio Equipment Market Key Performance Indicators |
8.1 Number of new product launches in the Cape Verde radio and audio equipment market. |
8.2 Percentage of households owning at least one radio or audio device in Cape Verde. |
8.3 Average spending per capita on radio and audio equipment in Cape Verde. |
9 Cape Verde Radio and Audio Equipment Market - Opportunity Assessment |
9.1 Cape Verde Radio and Audio Equipment Market Opportunity Assessment, By Radio Type, 2021 & 2031F |
9.2 Cape Verde Radio and Audio Equipment Market Opportunity Assessment, By Audio Equipment Type, 2021 & 2031F |
9.3 Cape Verde Radio and Audio Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Cape Verde Radio and Audio Equipment Market - Competitive Landscape |
10.1 Cape Verde Radio and Audio Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Radio and Audio Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |