| Product Code: ETC4999752 | 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 continued to rely on key suppliers such as Spain, Portugal, and Italy for squid imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition among import sources. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight uptick in growth from 2023 to 2024. This suggests a potential stabilization or modest improvement in the squid import market for Cape Verde. Keeping an eye on market dynamics and diversifying import sources could help mitigate risks associated with high concentration levels.

Cabo Verde's Squid market is anticipated to experience a stable growth rate of 2.10% by 2027, reflecting trends observed in the largest economy Egypt, 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 Squid Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Squid Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Squid Market - Industry Life Cycle |
3.4 Cape Verde Squid Market - Porter's Five Forces |
3.5 Cape Verde Squid Market Revenues & Volume Share, By Products, 2021 & 2031F |
4 Cape Verde Squid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Squid Market Trends |
6 Cape Verde Squid Market Segmentations |
6.1 Cape Verde Squid Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Squid Market Revenues & Volume, By Fresh, 2021-2031F |
6.1.3 Cape Verde Squid Market Revenues & Volume, By Frozen, 2021-2031F |
6.1.4 Cape Verde Squid Market Revenues & Volume, By Prepared, 2021-2031F |
7 Cape Verde Squid Market Import-Export Trade Statistics |
7.1 Cape Verde Squid Market Export to Major Countries |
7.2 Cape Verde Squid Market Imports from Major Countries |
8 Cape Verde Squid Market Key Performance Indicators |
9 Cape Verde Squid Market - Opportunity Assessment |
9.1 Cape Verde Squid Market Opportunity Assessment, By Products, 2021 & 2031F |
10 Cape Verde Squid Market - Competitive Landscape |
10.1 Cape Verde Squid Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Squid 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.
To discover high-growth global markets and optimize your business strategy:
Click Here