| Product Code: ETC5361246 | 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 continues to rely on key suppliers like Portugal, Spain, Germany, China, and Areas, nes for styrax oil imports in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline with a CAGR of -13.43% from 2020 to 2024 and a sharp growth rate decrease of -28.85% from 2023 to 2024. This suggests a challenging landscape for styrax oil imports in Cape Verde, highlighting the need for strategic adjustments and diversification in the supply chain.

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 Styrax oil Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Styrax oil Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Styrax oil Market - Industry Life Cycle |
3.4 Cape Verde Styrax oil Market - Porter's Five Forces |
3.5 Cape Verde Styrax oil Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Styrax oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic skincare products |
4.2.2 Increasing awareness about the benefits of using essential oils in aromatherapy |
4.2.3 Rising popularity of eco-friendly and sustainable products in the beauty and wellness industry |
4.3 Market Restraints |
4.3.1 Limited availability and production of cape verde styrax oil |
4.3.2 Fluctuating prices of raw materials and volatile market conditions |
5 Cape Verde Styrax oil Market Trends |
6 Cape Verde Styrax oil Market Segmentations |
6.1 Cape Verde Styrax oil Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Styrax oil Market Revenues & Volume, By Furniture, 2021-2031F |
6.1.3 Cape Verde Styrax oil Market Revenues & Volume, By Automobile, 2021-2031F |
6.1.4 Cape Verde Styrax oil Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Cape Verde Styrax oil Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Styrax oil Market Import-Export Trade Statistics |
7.1 Cape Verde Styrax oil Market Export to Major Countries |
7.2 Cape Verde Styrax oil Market Imports from Major Countries |
8 Cape Verde Styrax oil Market Key Performance Indicators |
8.1 Sustainability practices implemented in the extraction and production of cape verde styrax oil |
8.2 Number of partnerships with local farmers or cooperatives for sourcing raw materials |
8.3 Percentage increase in demand for natural and organic products containing cape verde styrax oil |
9 Cape Verde Styrax oil Market - Opportunity Assessment |
9.1 Cape Verde Styrax oil Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Styrax oil Market - Competitive Landscape |
10.1 Cape Verde Styrax oil Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Styrax oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |