| Product Code: ETC5022096 | 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 |
In 2024, Cape Verde saw a significant surge in soybean import shipments, with top exporters being Spain, Portugal, China, and the United States. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, likely dominated by these key players. The impressive compound annual growth rate (CAGR) of 48.92% from 2020 to 2024 reflects a booming demand for soybeans in Cape Verde. Moreover, the staggering growth rate of 916.64% from 2023 to 2024 underscores the rapid expansion of the soybean import market in the country, presenting lucrative opportunities for stakeholders.

By 2027, Cabo Verde's Soybean market is forecasted to achieve a stable growth rate of 4.18%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Soybean Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Soybean Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Soybean Market - Industry Life Cycle |
3.4 Cape Verde Soybean Market - Porter's Five Forces |
3.5 Cape Verde Soybean Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde Soybean Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Soybean Market Trends |
6 Cape Verde Soybean Market Segmentations |
6.1 Cape Verde Soybean Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Soybean Market Revenues & Volume, By Crush, 2021-2031F |
6.1.3 Cape Verde Soybean Market Revenues & Volume, By Feed Use, 2021-2031F |
6.1.4 Cape Verde Soybean Market Revenues & Volume, By Food Use, 2021-2031F |
7 Cape Verde Soybean Market Import-Export Trade Statistics |
7.1 Cape Verde Soybean Market Export to Major Countries |
7.2 Cape Verde Soybean Market Imports from Major Countries |
8 Cape Verde Soybean Market Key Performance Indicators |
9 Cape Verde Soybean Market - Opportunity Assessment |
9.1 Cape Verde Soybean Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde Soybean Market - Competitive Landscape |
10.1 Cape Verde Soybean Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Soybean 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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