| Product Code: ETC5520029 | 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 import shipments of screwdrivers to Cape Verde in 2024 continued to be dominated by top exporting countries such as Portugal, China, Spain, Italy, and South Africa. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -1.95% from 2020 to 2024. The growth rate further declined by -13.83% from 2023 to 2024, indicating challenges in the market dynamics that may require strategic adjustments for stakeholders involved in the screwdriver import industry 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 Screwdriver Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Screwdriver Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Screwdriver Market - Industry Life Cycle |
3.4 Cape Verde Screwdriver Market - Porter's Five Forces |
3.5 Cape Verde Screwdriver Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Screwdriver Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Screwdriver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY projects and home improvement activities in Cape Verde |
4.2.2 Growing awareness about the importance of using high-quality tools for construction and repair work |
4.2.3 Expansion of the construction industry in Cape Verde, leading to higher demand for tools like screwdrivers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of screwdrivers |
4.3.2 Limited availability of skilled labor for manufacturing and distribution of screwdrivers in Cape Verde |
5 Cape Verde Screwdriver Market Trends |
6 Cape Verde Screwdriver Market Segmentations |
6.1 Cape Verde Screwdriver Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Screwdriver Market Revenues & Volume, By Electric Screwdrivers, 2021-2031F |
6.1.3 Cape Verde Screwdriver Market Revenues & Volume, By Pneumatic Screwdrivers, 2021-2031F |
6.1.4 Cape Verde Screwdriver Market Revenues & Volume, By Self-feeding Screwdrivers, 2021-2031F |
6.2 Cape Verde Screwdriver Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Screwdriver Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Cape Verde Screwdriver Market Revenues & Volume, By Industrial, 2021-2031F |
7 Cape Verde Screwdriver Market Import-Export Trade Statistics |
7.1 Cape Verde Screwdriver Market Export to Major Countries |
7.2 Cape Verde Screwdriver Market Imports from Major Countries |
8 Cape Verde Screwdriver Market Key Performance Indicators |
8.1 Percentage increase in online searches for screwdrivers in Cape Verde |
8.2 Number of new construction projects initiated in Cape Verde |
8.3 Average customer satisfaction ratings for screwdriver brands in Cape Verde |
9 Cape Verde Screwdriver Market - Opportunity Assessment |
9.1 Cape Verde Screwdriver Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Screwdriver Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Screwdriver Market - Competitive Landscape |
10.1 Cape Verde Screwdriver Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Screwdriver 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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