| Product Code: ETC5823934 | 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 wire and spring products import shipments in 2024 continued to be dominated by top exporting countries such as Portugal, Netherlands, United Arab Emirates, China, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite the impressive compound annual growth rate (CAGR) of 50.29% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -58.57%. This suggests a potential shift or challenges in the market dynamics that importers and stakeholders should keep a close eye on for future strategic decisions.

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 Wire and Spring Products Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Wire and Spring Products Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Wire and Spring Products Market - Industry Life Cycle |
3.4 Cape Verde Wire and Spring Products Market - Porter's Five Forces |
3.5 Cape Verde Wire and Spring Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Wire and Spring Products Market Revenues & Volume Share, By Metal Derivative, 2021 & 2031F |
3.7 Cape Verde Wire and Spring Products Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde Wire and Spring Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Cape Verde leading to increased demand for wire and spring products |
4.2.2 Development of infrastructure projects in the country requiring wire and spring products |
4.2.3 Increase in automotive and manufacturing sectors driving the need for wire and spring products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production of wire and spring products |
4.3.2 Competition from imported wire and spring products affecting local manufacturers |
4.3.3 Economic instability in Cape Verde affecting consumer spending and investment in industries using wire and spring products |
5 Cape Verde Wire and Spring Products Market Trends |
6 Cape Verde Wire and Spring Products Market Segmentations |
6.1 Cape Verde Wire and Spring Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Wire and Spring Products Market Revenues & Volume, By Fabricated wire, 2021-2031F |
6.1.3 Cape Verde Wire and Spring Products Market Revenues & Volume, By Light gauge, 2021-2031F |
6.1.4 Cape Verde Wire and Spring Products Market Revenues & Volume, By Heavy gauge springs, 2021-2031F |
6.2 Cape Verde Wire and Spring Products Market, By Metal Derivative |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Wire and Spring Products Market Revenues & Volume, By Aluminum based, 2021-2031F |
6.2.3 Cape Verde Wire and Spring Products Market Revenues & Volume, By Barbed, 2021-2031F |
6.2.4 Cape Verde Wire and Spring Products Market Revenues & Volume, By Copper based, 2021-2031F |
6.2.5 Cape Verde Wire and Spring Products Market Revenues & Volume, By Coated electrodes, 2021-2031F |
6.3 Cape Verde Wire and Spring Products Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Wire and Spring Products Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Cape Verde Wire and Spring Products Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.4 Cape Verde Wire and Spring Products Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Cape Verde Wire and Spring Products Market Revenues & Volume, By Medical & healthcare, 2021-2031F |
6.3.6 Cape Verde Wire and Spring Products Market Revenues & Volume, By Commercial & industrial sectors, 2021-2031F |
7 Cape Verde Wire and Spring Products Market Import-Export Trade Statistics |
7.1 Cape Verde Wire and Spring Products Market Export to Major Countries |
7.2 Cape Verde Wire and Spring Products Market Imports from Major Countries |
8 Cape Verde Wire and Spring Products Market Key Performance Indicators |
8.1 Number of construction permits issued in Cape Verde |
8.2 GDP growth rate of the manufacturing sector in the country |
8.3 Import/export ratio of wire and spring products in Cape Verde |
9 Cape Verde Wire and Spring Products Market - Opportunity Assessment |
9.1 Cape Verde Wire and Spring Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Wire and Spring Products Market Opportunity Assessment, By Metal Derivative, 2021 & 2031F |
9.3 Cape Verde Wire and Spring Products Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde Wire and Spring Products Market - Competitive Landscape |
10.1 Cape Verde Wire and Spring Products Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Wire and Spring Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |