| Product Code: ETC4992437 | 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 |
Despite a significant decrease in growth rate from 2023 to 2024, Cape Verde continued to heavily rely on rice imports from top exporting countries such as Brazil, Thailand, Vietnam, Portugal, and Uruguay. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for rice imports in 2024. With a modest compound annual growth rate (CAGR) of 0.61% from 2020 to 2024, it is evident that Cape Verde`s demand for rice imports has remained relatively stable over the past few years.

The Rice market in Cabo Verde is projected to grow at a high growth rate of 11.51% 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 Rice Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Rice Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Rice Market - Industry Life Cycle |
3.4 Cape Verde Rice Market - Porter's Five Forces |
3.5 Cape Verde Rice Market Revenues & Volume Share, By Rice Length, 2021 & 2031F |
3.6 Cape Verde Rice Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cape Verde Rice Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Cape Verde Rice Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Cape Verde Rice Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Rice Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Rice Market Trends |
6 Cape Verde Rice Market Segmentations |
6.1 Cape Verde Rice Market, By Rice Length |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Rice Market Revenues & Volume, By Long Grain, 2021-2031F |
6.1.3 Cape Verde Rice Market Revenues & Volume, By Medium Grain, 2021-2031F |
6.1.4 Cape Verde Rice Market Revenues & Volume, By Short Grain, 2021-2031F |
6.2 Cape Verde Rice Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Rice Market Revenues & Volume, By Red Rice, 2021-2031F |
6.2.3 Cape Verde Rice Market Revenues & Volume, By Arborio Rice, 2021-2031F |
6.2.4 Cape Verde Rice Market Revenues & Volume, By Black Rice, 2021-2031F |
6.2.5 Cape Verde Rice Market Revenues & Volume, By Grain Fragrance Rice, 2021-2031F |
6.2.6 Cape Verde Rice Market Revenues & Volume, By Brown Rice, 2021-2031F |
6.2.7 Cape Verde Rice Market Revenues & Volume, By Rosematta Rice, 2021-2031F |
6.2.8 Cape Verde Rice Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Cape Verde Rice Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Rice Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Rice Market Revenues & Volume, By Regular, 2021-2031F |
6.3.3 Cape Verde Rice Market Revenues & Volume, By Aromatic, 2021-2031F |
6.4 Cape Verde Rice Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Rice Market Revenues & Volume, By Food, 2021-2031F |
6.4.3 Cape Verde Rice Market Revenues & Volume, By Industry, 2021-2031F |
6.4.4 Cape Verde Rice Market Revenues & Volume, By Others, 2021-2031F |
6.5 Cape Verde Rice Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Rice Market Revenues & Volume, By Roadside Stores, 2021-2031F |
6.5.3 Cape Verde Rice Market Revenues & Volume, By Municipal Corporation Markets, 2021-2031F |
6.5.4 Cape Verde Rice Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.5.5 Cape Verde Rice Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.5.6 Cape Verde Rice Market Revenues & Volume, By Department Store, 2021-2031F |
6.5.7 Cape Verde Rice Market Revenues & Volume, By Supermarket, 2021-2031F |
6.5.8 Cape Verde Rice Market Revenues & Volume, By E-commerce, 2021-2031F |
6.5.9 Cape Verde Rice Market Revenues & Volume, By E-commerce, 2021-2031F |
7 Cape Verde Rice Market Import-Export Trade Statistics |
7.1 Cape Verde Rice Market Export to Major Countries |
7.2 Cape Verde Rice Market Imports from Major Countries |
8 Cape Verde Rice Market Key Performance Indicators |
9 Cape Verde Rice Market - Opportunity Assessment |
9.1 Cape Verde Rice Market Opportunity Assessment, By Rice Length, 2021 & 2031F |
9.2 Cape Verde Rice Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cape Verde Rice Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Cape Verde Rice Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Cape Verde Rice Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Rice Market - Competitive Landscape |
10.1 Cape Verde Rice Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Rice 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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