| Product Code: ETC6674696 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cigarettes to Cape Verde in 2024 continued to be dominated by Senegal, Portugal, Czech Republic, Denmark, and Eswatini. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a very high level of concentration among these top exporting countries. The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -14.34%, with a sharp decline in growth rate from 2023 to 2024 at -66.18%. These trends suggest a challenging market environment for cigarette imports in Cape Verde.

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 Cigarettes Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cigarettes Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cigarettes Market - Industry Life Cycle |
3.4 Cape Verde Cigarettes Market - Porter's Five Forces |
3.5 Cape Verde Cigarettes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Cigarettes Market Revenues & Volume Share, By Format, 2021 & 2031F |
3.7 Cape Verde Cigarettes Market Revenues & Volume Share, By Pack Type, 2021 & 2031F |
3.8 Cape Verde Cigarettes Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.9 Cape Verde Cigarettes Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.10 Cape Verde Cigarettes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.11 Cape Verde Cigarettes Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Cigarettes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Cape Verde |
4.2.2 Growing population and urbanization leading to a larger consumer base |
4.2.3 Changing lifestyle trends and social acceptance of smoking |
4.3 Market Restraints |
4.3.1 Stringent government regulations on tobacco advertising and packaging |
4.3.2 Health concerns and anti-smoking campaigns impacting cigarette consumption |
4.3.3 Competition from alternative tobacco products like e-cigarettes |
5 Cape Verde Cigarettes Market Trends |
6 Cape Verde Cigarettes Market, By Types |
6.1 Cape Verde Cigarettes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cigarettes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Cigarettes Market Revenues & Volume, By Regular Cigarettes, 2021- 2031F |
6.1.4 Cape Verde Cigarettes Market Revenues & Volume, By Clove Cigarettes, 2021- 2031F |
6.1.5 Cape Verde Cigarettes Market Revenues & Volume, By Hand-Rolled Cigarettes, 2021- 2031F |
6.1.6 Cape Verde Cigarettes Market Revenues & Volume, By E-Cigarettes, 2021- 2031F |
6.1.7 Cape Verde Cigarettes Market Revenues & Volume, By Flavoured Cigarettes, 2021- 2031F |
6.1.8 Cape Verde Cigarettes Market Revenues & Volume, By Menthol Cigarettes, 2021- 2031F |
6.1.9 Cape Verde Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Cape Verde Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Cigarettes Market, By Format |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cigarettes Market Revenues & Volume, By Regular, 2021- 2031F |
6.2.3 Cape Verde Cigarettes Market Revenues & Volume, By Super Slim, 2021- 2031F |
6.2.4 Cape Verde Cigarettes Market Revenues & Volume, By Slim, 2021- 2031F |
6.2.5 Cape Verde Cigarettes Market Revenues & Volume, By King Size, 2021- 2031F |
6.2.6 Cape Verde Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Cigarettes Market, By Pack Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Cigarettes Market Revenues & Volume, By Boxes, 2021- 2031F |
6.3.3 Cape Verde Cigarettes Market Revenues & Volume, By Metal Cases, 2021- 2031F |
6.3.4 Cape Verde Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cape Verde Cigarettes Market, By Price |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Cigarettes Market Revenues & Volume, By Economy, 2021- 2031F |
6.4.3 Cape Verde Cigarettes Market Revenues & Volume, By Premium, 2021- 2031F |
6.5 Cape Verde Cigarettes Market, By Age Group |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Cigarettes Market Revenues & Volume, By 18-30 Age Group, 2021- 2031F |
6.5.3 Cape Verde Cigarettes Market Revenues & Volume, By 31-44 Age Group, 2021- 2031F |
6.5.4 Cape Verde Cigarettes Market Revenues & Volume, By 45-60 Age Group, 2021- 2031F |
6.5.5 Cape Verde Cigarettes Market Revenues & Volume, By 61 And Above Age Group, 2021- 2031F |
6.6 Cape Verde Cigarettes Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Cape Verde Cigarettes Market Revenues & Volume, By Tobacconist Store, 2021- 2031F |
6.6.3 Cape Verde Cigarettes Market Revenues & Volume, By Newsstand, 2021- 2031F |
6.6.4 Cape Verde Cigarettes Market Revenues & Volume, By Retail Stores, 2021- 2031F |
6.6.5 Cape Verde Cigarettes Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.6.6 Cape Verde Cigarettes Market Revenues & Volume, By Drug Store, 2021- 2031F |
6.6.7 Cape Verde Cigarettes Market Revenues & Volume, By Specialty E-Cigarette Store, 2021- 2031F |
6.7 Cape Verde Cigarettes Market, By End-User |
6.7.1 Overview and Analysis |
6.7.2 Cape Verde Cigarettes Market Revenues & Volume, By Men, 2021- 2031F |
6.7.3 Cape Verde Cigarettes Market Revenues & Volume, By Women, 2021- 2031F |
7 Cape Verde Cigarettes Market Import-Export Trade Statistics |
7.1 Cape Verde Cigarettes Market Export to Major Countries |
7.2 Cape Verde Cigarettes Market Imports from Major Countries |
8 Cape Verde Cigarettes Market Key Performance Indicators |
8.1 Average selling price of cigarettes in Cape Verde |
8.2 Number of new smokers entering the market |
8.3 Percentage of smokers who choose domestic brands over imported ones |
9 Cape Verde Cigarettes Market - Opportunity Assessment |
9.1 Cape Verde Cigarettes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Cigarettes Market Opportunity Assessment, By Format, 2021 & 2031F |
9.3 Cape Verde Cigarettes Market Opportunity Assessment, By Pack Type, 2021 & 2031F |
9.4 Cape Verde Cigarettes Market Opportunity Assessment, By Price, 2021 & 2031F |
9.5 Cape Verde Cigarettes Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.6 Cape Verde Cigarettes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.7 Cape Verde Cigarettes Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Cigarettes Market - Competitive Landscape |
10.1 Cape Verde Cigarettes Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cigarettes 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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