| Product Code: ETC5364970 | 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 |
The Cape Verde wine corks import market in 2024 continued to be dominated by top exporting countries including Portugal, Areas, Italy, Spain, and the United States. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -12.97% from 2020 to 2024. The growth rate from 2023 to 2024 also saw a steep decline of -25.4%, reflecting challenges in the market. Monitoring market dynamics and exploring strategies for revitalization will be crucial for stakeholders in the Cape Verde wine corks import sector.

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 Wine Corks Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Wine Corks Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Wine Corks Market - Industry Life Cycle |
3.4 Cape Verde Wine Corks Market - Porter's Five Forces |
3.5 Cape Verde Wine Corks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Wine Corks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Wine Corks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for wine globally, leading to higher production and consumption of wine corks. |
4.2.2 Growing popularity of sustainable and eco-friendly packaging solutions, driving the use of cork as a material. |
4.2.3 Rising tourism in Cape Verde, boosting the local wine industry and consequently the demand for wine corks. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, particularly cork oak, impacting production costs of wine corks. |
4.3.2 Competition from alternative closure solutions such as screw caps and synthetic corks affecting the market share of traditional wine corks. |
5 Cape Verde Wine Corks Market Trends |
6 Cape Verde Wine Corks Market Segmentations |
6.1 Cape Verde Wine Corks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Wine Corks Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Cape Verde Wine Corks Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Cape Verde Wine Corks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Wine Corks Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Cape Verde Wine Corks Market Revenues & Volume, By Online, 2021-2031F |
7 Cape Verde Wine Corks Market Import-Export Trade Statistics |
7.1 Cape Verde Wine Corks Market Export to Major Countries |
7.2 Cape Verde Wine Corks Market Imports from Major Countries |
8 Cape Verde Wine Corks Market Key Performance Indicators |
8.1 Sustainability metrics: Percentage of wine producers using cork from sustainable sources. |
8.2 Innovation rate: Number of new cork-related product developments or technologies introduced in the market. |
8.3 Export volume: Quantity of Cape Verde wine corks exported to other countries. |
9 Cape Verde Wine Corks Market - Opportunity Assessment |
9.1 Cape Verde Wine Corks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Wine Corks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Wine Corks Market - Competitive Landscape |
10.1 Cape Verde Wine Corks Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Wine Corks 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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