| Product Code: ETC6675816 | 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 |
In 2024, Cape Verde continued to show a high concentration of import shipments of craft rum, with top exporters being Portugal, Spain, Cuba, United Arab Emirates, and Brazil. Despite a low growth rate in 2024 compared to the previous year, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 1.38%. This data suggests a stable market for craft rum imports in Cape Verde, with consistent contributions from key exporting countries, showcasing a continued interest and demand for these products in the region.

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 Craft Rum Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Craft Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Craft Rum Market - Industry Life Cycle |
3.4 Cape Verde Craft Rum Market - Porter's Five Forces |
3.5 Cape Verde Craft Rum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Craft Rum Market Revenues & Volume Share, By Volume, 2021 & 2031F |
3.7 Cape Verde Craft Rum Market Revenues & Volume Share, By Pricing, 2021 & 2031F |
3.8 Cape Verde Craft Rum Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.9 Cape Verde Craft Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Craft Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of craft spirits globally |
4.2.2 Growing interest in unique and authentic alcoholic beverages |
4.2.3 Rise in tourism in Cape Verde leading to higher demand for local products |
4.3 Market Restraints |
4.3.1 Limited distribution channels for craft rum in Cape Verde |
4.3.2 High production costs due to small-scale production methods |
4.3.3 Lack of awareness about Cape Verde craft rum in international markets |
5 Cape Verde Craft Rum Market Trends |
6 Cape Verde Craft Rum Market, By Types |
6.1 Cape Verde Craft Rum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Craft Rum Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Craft Rum Market Revenues & Volume, By Light Rum, 2021- 2031F |
6.1.4 Cape Verde Craft Rum Market Revenues & Volume, By Gold Rum, 2021- 2031F |
6.1.5 Cape Verde Craft Rum Market Revenues & Volume, By Dark/Black Rum, 2021- 2031F |
6.1.6 Cape Verde Craft Rum Market Revenues & Volume, By Rhum Agricole, 2021- 2031F |
6.1.7 Cape Verde Craft Rum Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Craft Rum Market, By Volume |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Craft Rum Market Revenues & Volume, By Under 350ml, 2021- 2031F |
6.2.3 Cape Verde Craft Rum Market Revenues & Volume, By 351ml - 750ml, 2021- 2031F |
6.2.4 Cape Verde Craft Rum Market Revenues & Volume, By Above 750ml, 2021- 2031F |
6.3 Cape Verde Craft Rum Market, By Pricing |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Craft Rum Market Revenues & Volume, By Mass, 2021- 2031F |
6.3.3 Cape Verde Craft Rum Market Revenues & Volume, By Premium, 2021- 2031F |
6.4 Cape Verde Craft Rum Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Craft Rum Market Revenues & Volume, By Individual, 2021- 2031F |
6.4.3 Cape Verde Craft Rum Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5 Cape Verde Craft Rum Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Craft Rum Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Cape Verde Craft Rum Market Revenues & Volume, By Offline, 2021- 2031F |
7 Cape Verde Craft Rum Market Import-Export Trade Statistics |
7.1 Cape Verde Craft Rum Market Export to Major Countries |
7.2 Cape Verde Craft Rum Market Imports from Major Countries |
8 Cape Verde Craft Rum Market Key Performance Indicators |
8.1 Number of tourists visiting Cape Verde |
8.2 Growth in exports of craft rum from Cape Verde |
8.3 Number of craft rum distilleries in Cape Verde |
9 Cape Verde Craft Rum Market - Opportunity Assessment |
9.1 Cape Verde Craft Rum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Craft Rum Market Opportunity Assessment, By Volume, 2021 & 2031F |
9.3 Cape Verde Craft Rum Market Opportunity Assessment, By Pricing, 2021 & 2031F |
9.4 Cape Verde Craft Rum Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.5 Cape Verde Craft Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Craft Rum Market - Competitive Landscape |
10.1 Cape Verde Craft Rum Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Craft Rum 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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