| Product Code: ETC6690423 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde continued to rely heavily on toaster imports in 2024, with top suppliers being China, Portugal, Spain, and the Netherlands. Despite a concerning high concentration level (HHI), the market experienced a significant decline with a CAGR of -19.27% from 2020 to 2024. The negative growth trend persisted in 2024, with a further decrease of -18.73%. This data suggests challenges and potential shifts in the toaster import market for Cape Verde, requiring a strategic approach for future developments.

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 Toasters Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Toasters Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Toasters Market - Industry Life Cycle |
3.4 Cape Verde Toasters Market - Porter's Five Forces |
3.5 Cape Verde Toasters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Toasters Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Toasters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income levels in Cape Verde leading to higher purchasing power for household appliances like toasters. |
4.2.2 Growing urbanization and modernization in Cape Verde driving demand for convenient kitchen appliances, including toasters. |
4.2.3 Rising awareness about health and wellness, leading to a shift towards healthier breakfast options that may involve toasting whole-grain breads or fruits. |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality toasters in the local market, which may hinder market growth. |
4.3.2 Fluctuating exchange rates affecting the cost of imported toasters in Cape Verde. |
4.3.3 Lack of infrastructure and logistics support impacting the distribution of toasters in remote areas of Cape Verde. |
5 Cape Verde Toasters Market Trends |
6 Cape Verde Toasters Market, By Types |
6.1 Cape Verde Toasters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Toasters Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Toasters Market Revenues & Volume, By 2 Slice Toasters, 2021- 2031F |
6.1.4 Cape Verde Toasters Market Revenues & Volume, By 4 Slice Toasters, 2021- 2031F |
6.1.5 Cape Verde Toasters Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Toasters Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Toasters Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Cape Verde Toasters Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Cape Verde Toasters Market Import-Export Trade Statistics |
7.1 Cape Verde Toasters Market Export to Major Countries |
7.2 Cape Verde Toasters Market Imports from Major Countries |
8 Cape Verde Toasters Market Key Performance Indicators |
8.1 Household penetration rate of toasters in Cape Verde. |
8.2 Average spending on kitchen appliances per household in Cape Verde. |
8.3 Number of new toaster models introduced in the Cape Verde market annually. |
9 Cape Verde Toasters Market - Opportunity Assessment |
9.1 Cape Verde Toasters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Toasters Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Toasters Market - Competitive Landscape |
10.1 Cape Verde Toasters Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Toasters 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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