| Product Code: ETC4800518 | 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 |
Cape Verde`s transformer import market in 2024 continued to show strong growth, with top exporters including Portugal, Spain, China, USA, and France. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, while the impressive compound annual growth rate (CAGR) of 12.18% from 2020 to 2024 indicates sustained expansion. Notably, the exceptional growth rate of 84.06% from 2023 to 2024 points to accelerated market development and increasing demand for transformers in Cape Verde. This data underscores the country`s robust import market for transformers and its reliance on key trading partners for these critical electrical components.

By 2027, the Transformer market in Cabo Verde is anticipated to reach a growth rate of 11.83%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Transformer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Transformer Market - Industry Life Cycle |
3.4 Cape Verde Transformer Market - Porter's Five Forces |
3.5 Cape Verde Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Cape Verde Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Cape Verde Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Cape Verde Transformer Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.9 Cape Verde Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Cape Verde Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Cape Verde Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Cape Verde Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Transformer Market Trends |
6 Cape Verde Transformer Market Segmentations |
6.1 Cape Verde Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Transformer Market Revenues & Volume, By Closed, 2021-2031F |
6.1.3 Cape Verde Transformer Market Revenues & Volume, By Shell, 2021-2031F |
6.1.4 Cape Verde Transformer Market Revenues & Volume, By Berry, 2021-2031F |
6.2 Cape Verde Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Transformer Market Revenues & Volume, By Power transformer, 2021-2031F |
6.2.3 Cape Verde Transformer Market Revenues & Volume, By Distribution transformer, 2021-2031F |
6.2.4 Cape Verde Transformer Market Revenues & Volume, By Instrument transformer, 2021-2031F |
6.2.5 Cape Verde Transformer Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Transformer Market Revenues & Volume, By Two-winding, 2021-2031F |
6.3.3 Cape Verde Transformer Market Revenues & Volume, By Auto-transformer, 2021-2031F |
6.4 Cape Verde Transformer Market, By Installation |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Transformer Market Revenues & Volume, By Outdoor, 2021-2031F |
6.4.3 Cape Verde Transformer Market Revenues & Volume, By Indoor, 2021-2031F |
6.5 Cape Verde Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Transformer Market Revenues & Volume, By Dry type, 2021-2031F |
6.5.3 Cape Verde Transformer Market Revenues & Volume, By Oil Immersed, 2021-2031F |
6.6 Cape Verde Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Cape Verde Transformer Market Revenues & Volume, By Gas, 2021-2031F |
6.6.3 Cape Verde Transformer Market Revenues & Volume, By Oil, 2021-2031F |
6.6.4 Cape Verde Transformer Market Revenues & Volume, By Solid, 2021-2031F |
6.6.5 Cape Verde Transformer Market Revenues & Volume, By Air, 2021-2031F |
6.6.6 Cape Verde Transformer Market Revenues & Volume, By Others, 2021-2031F |
6.7 Cape Verde Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Cape Verde Transformer Market Revenues & Volume, By Single phase, 2021-2031F |
6.7.3 Cape Verde Transformer Market Revenues & Volume, By 3 - phase, 2021-2031F |
6.8 Cape Verde Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Cape Verde Transformer Market Revenues & Volume, By ? 10 MVA, 2021-2031F |
6.8.3 Cape Verde Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021-2031F |
6.8.4 Cape Verde Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F |
6.8.5 Cape Verde Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F |
7 Cape Verde Transformer Market Import-Export Trade Statistics |
7.1 Cape Verde Transformer Market Export to Major Countries |
7.2 Cape Verde Transformer Market Imports from Major Countries |
8 Cape Verde Transformer Market Key Performance Indicators |
9 Cape Verde Transformer Market - Opportunity Assessment |
9.1 Cape Verde Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Cape Verde Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Cape Verde Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Cape Verde Transformer Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.5 Cape Verde Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Cape Verde Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Cape Verde Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Cape Verde Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Cape Verde Transformer Market - Competitive Landscape |
10.1 Cape Verde Transformer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Transformer 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