| Product Code: ETC5696653 | 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 |
Cape Verde`s small-scale LNG import market saw significant growth in 2024, with key exporters including the United Kingdom, Portugal, China, Senegal, and the United States of America. The market showed a high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. The impressive compound annual growth rate (CAGR) from 2020 to 2024 at 60.4% highlights the expanding demand for LNG in Cape Verde. The notable growth rate of 29.83% from 2023 to 2024 indicates a positive trend in the country`s LNG import sector, pointing towards a promising outlook for 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 Small-Scale LNG Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Small-Scale LNG Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Small-Scale LNG Market - Industry Life Cycle |
3.4 Cape Verde Small-Scale LNG Market - Porter's Five Forces |
3.5 Cape Verde Small-Scale LNG Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Small-Scale LNG Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Small-Scale LNG Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on clean energy sources and environmental sustainability |
4.2.2 Growth in demand for natural gas as a cleaner fuel alternative |
4.2.3 Government initiatives promoting the use of LNG for energy generation in Cape Verde |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up small-scale LNG infrastructure |
4.3.2 Lack of skilled workforce for operating and maintaining LNG facilities |
4.3.3 Limited availability and accessibility of LNG supply in Cape Verde |
5 Cape Verde Small-Scale LNG Market Trends |
6 Cape Verde Small-Scale LNG Market Segmentations |
6.1 Cape Verde Small-Scale LNG Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Small-Scale LNG Market Revenues & Volume, By Liquefaction, 2021-2031F |
6.1.3 Cape Verde Small-Scale LNG Market Revenues & Volume, By Regasification, 2021-2031F |
6.2 Cape Verde Small-Scale LNG Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Small-Scale LNG Market Revenues & Volume, By Heavy-Duty Vehicles, 2021-2031F |
6.2.3 Cape Verde Small-Scale LNG Market Revenues & Volume, By Industrial & Power, 2021-2031F |
6.2.4 Cape Verde Small-Scale LNG Market Revenues & Volume, By Marine Transport, 2021-2031F |
7 Cape Verde Small-Scale LNG Market Import-Export Trade Statistics |
7.1 Cape Verde Small-Scale LNG Market Export to Major Countries |
7.2 Cape Verde Small-Scale LNG Market Imports from Major Countries |
8 Cape Verde Small-Scale LNG Market Key Performance Indicators |
8.1 Average utilization rate of small-scale LNG facilities in Cape Verde |
8.2 Number of new LNG infrastructure projects initiated in the country |
8.3 Percentage increase in LNG consumption in Cape Verde compared to traditional fuels |
9 Cape Verde Small-Scale LNG Market - Opportunity Assessment |
9.1 Cape Verde Small-Scale LNG Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Small-Scale LNG Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Small-Scale LNG Market - Competitive Landscape |
10.1 Cape Verde Small-Scale LNG Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Small-Scale LNG 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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