| Product Code: ETC5340365 | 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 |
In 2024, Cape Verde continued to rely on key exporters such as Spain, Senegal, Portugal, Italy, and France for their rays and skates import shipments. Despite a steep decline in the compound annual growth rate (CAGR) from 2020-24 at -29.49%, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). The significant negative growth rate of -91.61% from 2023-24 highlights a challenging year for the import market in Cape Verde, possibly influenced by various economic factors or shifts in consumer demand.

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 Rays and Skates Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Rays and Skates Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Rays and Skates Market - Industry Life Cycle |
3.4 Cape Verde Rays and Skates Market - Porter's Five Forces |
3.5 Cape Verde Rays and Skates Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Cape Verde Rays and Skates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Rays and Skates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for seafood products in the global market |
4.2.2 Increasing awareness about sustainable fishing practices |
4.2.3 Rising popularity of seafood consumption among health-conscious consumers |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations affecting fishing practices |
4.3.2 Fluctuating prices of raw materials and transportation costs |
5 Cape Verde Rays and Skates Market Trends |
6 Cape Verde Rays and Skates Market Segmentations |
6.1 Cape Verde Rays and Skates Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Rays and Skates Market Revenues & Volume, By Online, 2021-2031F |
6.1.3 Cape Verde Rays and Skates Market Revenues & Volume, By Offline, 2021-2031F |
6.2 Cape Verde Rays and Skates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Rays and Skates Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Cape Verde Rays and Skates Market Revenues & Volume, By Household, 2021-2031F |
7 Cape Verde Rays and Skates Market Import-Export Trade Statistics |
7.1 Cape Verde Rays and Skates Market Export to Major Countries |
7.2 Cape Verde Rays and Skates Market Imports from Major Countries |
8 Cape Verde Rays and Skates Market Key Performance Indicators |
8.1 Average size of the rays and skates population in Cape Verde waters |
8.2 Percentage of sustainable fishing practices adopted by local fishermen |
8.3 Number of new product developments and innovations in the rays and skates market in Cape Verde |
9 Cape Verde Rays and Skates Market - Opportunity Assessment |
9.1 Cape Verde Rays and Skates Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Cape Verde Rays and Skates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Rays and Skates Market - Competitive Landscape |
10.1 Cape Verde Rays and Skates Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Rays and Skates 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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