| Product Code: ETC5324272 | 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 table salt import market in 2024 continued to be dominated by key suppliers such as Portugal, Spain, Italy, USA, and France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. However, the industry experienced a negative compound annual growth rate (CAGR) of -1.9% from 2020 to 2024, with a significant decline in growth rate from 2023 to 2024 at -50.9%. This suggests a challenging environment for salt importers in Cape Verde, potentially impacted by various factors such as changing consumer preferences or economic conditions.

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 Table Salt Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Table Salt Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Table Salt Market - Industry Life Cycle |
3.4 Cape Verde Table Salt Market - Porter's Five Forces |
3.5 Cape Verde Table Salt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Table Salt Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Cape Verde Table Salt Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Table Salt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of using table salt with no additives |
4.2.2 Growth in the food industry leading to higher demand for table salt as a key ingredient |
4.2.3 Rising disposable incomes of consumers in Cape Verde leading to higher spending on food products |
4.3 Market Restraints |
4.3.1 Health concerns related to excessive salt consumption may impact market growth |
4.3.2 Fluctuating prices of raw materials for salt production |
4.3.3 Competition from alternative seasoning products in the market |
5 Cape Verde Table Salt Market Trends |
6 Cape Verde Table Salt Market Segmentations |
6.1 Cape Verde Table Salt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Table Salt Market Revenues & Volume, By Iodized, 2021-2031F |
6.1.3 Cape Verde Table Salt Market Revenues & Volume, By Non-iodized, 2021-2031F |
6.2 Cape Verde Table Salt Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Table Salt Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Cape Verde Table Salt Market Revenues & Volume, By Offline, 2021-2031F |
6.3 Cape Verde Table Salt Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Table Salt Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Cape Verde Table Salt Market Revenues & Volume, By Commercial, 2021-2031F |
7 Cape Verde Table Salt Market Import-Export Trade Statistics |
7.1 Cape Verde Table Salt Market Export to Major Countries |
7.2 Cape Verde Table Salt Market Imports from Major Countries |
8 Cape Verde Table Salt Market Key Performance Indicators |
8.1 Consumer awareness levels about the benefits of using pure table salt |
8.2 Number of new product launches in the table salt segment |
8.3 Percentage of households in Cape Verde using table salt as a regular condiment |
8.4 Average consumption of table salt per capita in Cape Verde |
8.5 Rate of adoption of premium table salt products in the market |
9 Cape Verde Table Salt Market - Opportunity Assessment |
9.1 Cape Verde Table Salt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Table Salt Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Cape Verde Table Salt Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Table Salt Market - Competitive Landscape |
10.1 Cape Verde Table Salt Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Table Salt 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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