| Product Code: ETC10407119 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Cape Verde continued to see a strong presence of red wine imports from top exporting countries including Portugal, Spain, Italy, USA, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. Despite the overall Compound Annual Growth Rate (CAGR) showing a modest increase of 1.87% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -10.18%. This suggests a potential shift or temporary setback in the market dynamics for red wine imports 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 Red Wine Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Red Wine Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Red Wine Market - Industry Life Cycle |
3.4 Cape Verde Red Wine Market - Porter's Five Forces |
3.5 Cape Verde Red Wine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Red Wine Market Revenues & Volume Share, By Grape Variety, 2021 & 2031F |
3.7 Cape Verde Red Wine Market Revenues & Volume Share, By Aging Process, 2021 & 2031F |
3.8 Cape Verde Red Wine Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 Cape Verde Red Wine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Red Wine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Red Wine Market Trends |
6 Cape Verde Red Wine Market, By Types |
6.1 Cape Verde Red Wine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Red Wine Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Red Wine Market Revenues & Volume, By Dry Red Wine, 2021 - 2031F |
6.1.4 Cape Verde Red Wine Market Revenues & Volume, By Sweet Red Wine, 2021 - 2031F |
6.1.5 Cape Verde Red Wine Market Revenues & Volume, By Sparkling Red Wine, 2021 - 2031F |
6.1.6 Cape Verde Red Wine Market Revenues & Volume, By Fortified Red Wine, 2021 - 2031F |
6.2 Cape Verde Red Wine Market, By Grape Variety |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Red Wine Market Revenues & Volume, By Cabernet Sauvignon, 2021 - 2031F |
6.2.3 Cape Verde Red Wine Market Revenues & Volume, By Merlot, 2021 - 2031F |
6.2.4 Cape Verde Red Wine Market Revenues & Volume, By Shiraz, 2021 - 2031F |
6.2.5 Cape Verde Red Wine Market Revenues & Volume, By Pinot Noir, 2021 - 2031F |
6.3 Cape Verde Red Wine Market, By Aging Process |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Red Wine Market Revenues & Volume, By Oak Barrel, 2021 - 2031F |
6.3.3 Cape Verde Red Wine Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.3.4 Cape Verde Red Wine Market Revenues & Volume, By Bottle Fermentation, 2021 - 2031F |
6.3.5 Cape Verde Red Wine Market Revenues & Volume, By Extended Aging, 2021 - 2031F |
6.4 Cape Verde Red Wine Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Red Wine Market Revenues & Volume, By Glass Bottles, 2021 - 2031F |
6.4.3 Cape Verde Red Wine Market Revenues & Volume, By Boxed Wine, 2021 - 2031F |
6.4.4 Cape Verde Red Wine Market Revenues & Volume, By Cans, 2021 - 2031F |
6.4.5 Cape Verde Red Wine Market Revenues & Volume, By Mini Bottles, 2021 - 2031F |
6.5 Cape Verde Red Wine Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Red Wine Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.5.3 Cape Verde Red Wine Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.5.4 Cape Verde Red Wine Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.5.5 Cape Verde Red Wine Market Revenues & Volume, By Wine Shops, 2021 - 2031F |
7 Cape Verde Red Wine Market Import-Export Trade Statistics |
7.1 Cape Verde Red Wine Market Export to Major Countries |
7.2 Cape Verde Red Wine Market Imports from Major Countries |
8 Cape Verde Red Wine Market Key Performance Indicators |
9 Cape Verde Red Wine Market - Opportunity Assessment |
9.1 Cape Verde Red Wine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Red Wine Market Opportunity Assessment, By Grape Variety, 2021 & 2031F |
9.3 Cape Verde Red Wine Market Opportunity Assessment, By Aging Process, 2021 & 2031F |
9.4 Cape Verde Red Wine Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.5 Cape Verde Red Wine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Red Wine Market - Competitive Landscape |
10.1 Cape Verde Red Wine Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Red Wine 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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