| Product Code: ETC4723644 | 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 heavily rely on syrup imports, with top exporters being Spain, Portugal, Areas, nes, Italy, and the United States of America. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). Despite a notable compound annual growth rate (CAGR) of 29.55% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -37.68%. This fluctuation may indicate shifting market dynamics or other external factors affecting the syrup import industry in Cape Verde.

In the Africa region, the Syrup market in Cabo Verde is projected to expand at a growing growth rate of 8.42% by 2027. The largest economy is 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 Syrup Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Syrup Market - Industry Life Cycle |
3.4 Cape Verde Syrup Market - Porter's Five Forces |
3.5 Cape Verde Syrup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Syrup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Syrup Market Trends |
6 Cape Verde Syrup Market Segmentations |
6.1 Cape Verde Syrup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Syrup Market Revenues & Volume, By Chocolate syrup, 2021-2031F |
6.1.3 Cape Verde Syrup Market Revenues & Volume, By Maple syrup, 2021-2031F |
6.1.4 Cape Verde Syrup Market Revenues & Volume, By High fructose corn syrup, 2021-2031F |
6.1.5 Cape Verde Syrup Market Revenues & Volume, By Malt syrup, 2021-2031F |
6.1.6 Cape Verde Syrup Market Revenues & Volume, By Tapioca syrup, 2021-2031F |
6.1.7 Cape Verde Syrup Market Revenues & Volume, By Honey, 2021-2031F |
6.1.9 Cape Verde Syrup Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Cape Verde Syrup Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Syrup Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Syrup Market Revenues & Volume, By Supermarket and Hypermarket, 2021-2031F |
6.2.3 Cape Verde Syrup Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.2.4 Cape Verde Syrup Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.5 Cape Verde Syrup Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Cape Verde Syrup Market Import-Export Trade Statistics |
7.1 Cape Verde Syrup Market Export to Major Countries |
7.2 Cape Verde Syrup Market Imports from Major Countries |
8 Cape Verde Syrup Market Key Performance Indicators |
9 Cape Verde Syrup Market - Opportunity Assessment |
9.1 Cape Verde Syrup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Syrup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Syrup Market - Competitive Landscape |
10.1 Cape Verde Syrup Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Syrup 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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