| Product Code: ETC5374679 | 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 structural steel import market in 2024 continued to be dominated by top exporting countries such as Portugal, China, Br. Indian Ocean Terr., Spain, and Turkey. With a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration, the industry saw a steady compound annual growth rate (CAGR) of 10.13% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -5.22%, suggesting potential challenges or shifts in the market dynamics during that period.

The Structural Steel market in Cabo Verde is projected to grow at a stable growth rate of 4.59% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Structural Steel Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Structural Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Structural Steel Market - Industry Life Cycle |
3.4 Cape Verde Structural Steel Market - Porter's Five Forces |
3.5 Cape Verde Structural Steel Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Cape Verde Structural Steel Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde Structural Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in Cape Verde |
4.2.2 Increasing urbanization and industrialization driving demand for structural steel |
4.2.3 Government investments in key sectors such as tourism and renewable energy |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Limited skilled labor in the construction industry |
4.3.3 Environmental regulations impacting steel production processes |
5 Cape Verde Structural Steel Market Trends |
6 Cape Verde Structural Steel Market Segmentations |
6.1 Cape Verde Structural Steel Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Structural Steel Market Revenues & Volume, By Heavy Sectional Steel, 2021-2031F |
6.1.3 Cape Verde Structural Steel Market Revenues & Volume, By Light Sectional Steel, 2021-2031F |
6.1.4 Cape Verde Structural Steel Market Revenues & Volume, By Rebar, 2021-2031F |
6.2 Cape Verde Structural Steel Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Structural Steel Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Cape Verde Structural Steel Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Cape Verde Structural Steel Market Import-Export Trade Statistics |
7.1 Cape Verde Structural Steel Market Export to Major Countries |
7.2 Cape Verde Structural Steel Market Imports from Major Countries |
8 Cape Verde Structural Steel Market Key Performance Indicators |
8.1 Number of construction permits issued in Cape Verde |
8.2 Investment in infrastructure projects in the country |
8.3 Capacity utilization rate of steel manufacturing plants in Cape Verde |
9 Cape Verde Structural Steel Market - Opportunity Assessment |
9.1 Cape Verde Structural Steel Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Cape Verde Structural Steel Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde Structural Steel Market - Competitive Landscape |
10.1 Cape Verde Structural Steel Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Structural Steel 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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