| Product Code: ETC5690136 | 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 styrenics import market in 2024 continued to see a high level of concentration, with top exporting countries being China, Portugal, France, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates strong market dominance. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 39.55%, showing sustained growth in the industry. Furthermore, the growth rate from 2023 to 2024 spiked significantly at 377.68%, reflecting a surge in demand or supply dynamics that year. This data suggests a thriving and dynamic market for styrenics imports in Cape Verde.

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 Styrenics Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Styrenics Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Styrenics Market - Industry Life Cycle |
3.4 Cape Verde Styrenics Market - Porter's Five Forces |
3.5 Cape Verde Styrenics Market Revenues & Volume Share, By Polymer Types, 2021 & 2031F |
4 Cape Verde Styrenics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for styrenics in various industries such as packaging, automotive, and electronics due to their lightweight and durable properties. |
4.2.2 Growing investments in infrastructure development and construction projects in Cape Verde, leading to higher demand for styrenics products. |
4.2.3 Rising focus on sustainable and eco-friendly materials, driving the shift towards bio-based and recyclable styrenics products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of styrenics in Cape Verde. |
4.3.2 Limited availability of skilled workforce and technological capabilities for advanced styrenics manufacturing processes. |
4.3.3 Stringent environmental regulations and sustainability requirements affecting the production and usage of styrenics in the market. |
5 Cape Verde Styrenics Market Trends |
6 Cape Verde Styrenics Market Segmentations |
6.1 Cape Verde Styrenics Market, By Polymer Types |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Styrenics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F |
6.1.3 Cape Verde Styrenics Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F |
6.1.4 Cape Verde Styrenics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.5 Cape Verde Styrenics Market Revenues & Volume, By Styrene Butadiene Rubber (SBR), 2021-2031F |
6.1.6 Cape Verde Styrenics Market Revenues & Volume, By Unsaturated Polyester Resin (UPR), 2021-2031F |
6.1.7 Cape Verde Styrenics Market Revenues & Volume, By Other Polymers, 2021-2031F |
7 Cape Verde Styrenics Market Import-Export Trade Statistics |
7.1 Cape Verde Styrenics Market Export to Major Countries |
7.2 Cape Verde Styrenics Market Imports from Major Countries |
8 Cape Verde Styrenics Market Key Performance Indicators |
8.1 Percentage of styrenics products made from recycled materials in the Cape Verde market. |
8.2 Adoption rate of bio-based styrenics products by industries in Cape Verde. |
8.3 Number of research and development initiatives focused on enhancing the sustainability and recyclability of styrenics in Cape Verde. |
9 Cape Verde Styrenics Market - Opportunity Assessment |
9.1 Cape Verde Styrenics Market Opportunity Assessment, By Polymer Types, 2021 & 2031F |
10 Cape Verde Styrenics Market - Competitive Landscape |
10.1 Cape Verde Styrenics Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Styrenics 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