| Product Code: ETC4852787 | 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 |
Cape Verde`s sporting goods import market continues to thrive in 2024, with Germany, Cyprus, Portugal, Turkey, and Spain emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates market concentration, while the impressive Compound Annual Growth Rate (CAGR) of 46.07% from 2020-24 underlines sustained expansion. The growth rate of 5.81% from 2023-24 signals a positive trajectory for the industry, reflecting strong demand and opportunities for further development in Cape Verde`s sporting goods sector.

The Sporting Goods market in Cabo Verde is projected to grow at a high growth rate of 12.81% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

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 Sporting Goods Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Sporting Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Sporting Goods Market - Industry Life Cycle |
3.4 Cape Verde Sporting Goods Market - Porter's Five Forces |
3.5 Cape Verde Sporting Goods Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Sporting Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Sporting Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Sporting Goods Market Trends |
6 Cape Verde Sporting Goods Market Segmentations |
6.1 Cape Verde Sporting Goods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Sporting Goods Market Revenues & Volume, By Ball Sports, 2021-2031F |
6.1.3 Cape Verde Sporting Goods Market Revenues & Volume, By Adventurous Sports, 2021-2031F |
6.1.4 Cape Verde Sporting Goods Market Revenues & Volume, By Fitness Equipments, 2021-2031F |
6.1.5 Cape Verde Sporting Goods Market Revenues & Volume, By Golf Equipments, 2021-2031F |
6.1.6 Cape Verde Sporting Goods Market Revenues & Volume, By Sports Equipments, 2021-2031F |
6.1.7 Cape Verde Sporting Goods Market Revenues & Volume, By Athletic Footwear, 2021-2031F |
6.2 Cape Verde Sporting Goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Sporting Goods Market Revenues & Volume, By Hypermarket/supermarket, 2021-2031F |
6.2.3 Cape Verde Sporting Goods Market Revenues & Volume, By Convenience/Departmental Store, 2021-2031F |
6.2.4 Cape Verde Sporting Goods Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.2.5 Cape Verde Sporting Goods Market Revenues & Volume, By Online Store, 2021-2031F |
6.2.6 Cape Verde Sporting Goods Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Sporting Goods Market Import-Export Trade Statistics |
7.1 Cape Verde Sporting Goods Market Export to Major Countries |
7.2 Cape Verde Sporting Goods Market Imports from Major Countries |
8 Cape Verde Sporting Goods Market Key Performance Indicators |
9 Cape Verde Sporting Goods Market - Opportunity Assessment |
9.1 Cape Verde Sporting Goods Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Sporting Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Sporting Goods Market - Competitive Landscape |
10.1 Cape Verde Sporting Goods Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Sporting Goods 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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