| Product Code: ETC6681109 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde`s import of LPG vaporizers continued to see significant growth in 2024, with top exporting countries being Portugal, Spain, Senegal, Germany, and Brazil. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 68.52% from 2020 to 2024 highlights the increasing demand for LPG vaporizers in Cape Verde. Moreover, the robust growth rate of 68.73% from 2023 to 2024 suggests a continued upward trend in imports, making it a key market to watch for industry players.

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 LPG Vaporizer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde LPG Vaporizer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde LPG Vaporizer Market - Industry Life Cycle |
3.4 Cape Verde LPG Vaporizer Market - Porter's Five Forces |
3.5 Cape Verde LPG Vaporizer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde LPG Vaporizer Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Cape Verde LPG Vaporizer Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cape Verde LPG Vaporizer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of LPG as a clean energy source in Cape Verde |
4.2.2 Government initiatives promoting the use of LPG for cooking and heating purposes |
4.2.3 Growth in tourism industry leading to higher demand for LPG vaporizers |
4.3 Market Restraints |
4.3.1 High initial investment cost for LPG vaporizer installation |
4.3.2 Lack of awareness about the benefits of using LPG vaporizers |
4.3.3 Limited availability of skilled professionals for installation and maintenance of LPG vaporizers |
5 Cape Verde LPG Vaporizer Market Trends |
6 Cape Verde LPG Vaporizer Market, By Types |
6.1 Cape Verde LPG Vaporizer Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde LPG Vaporizer Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde LPG Vaporizer Market Revenues & Volume, By Direct-fired, 2021- 2031F |
6.1.4 Cape Verde LPG Vaporizer Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Cape Verde LPG Vaporizer Market Revenues & Volume, By Steam/Water Bath, 2021- 2031F |
6.2 Cape Verde LPG Vaporizer Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde LPG Vaporizer Market Revenues & Volume, By 40-160 gal/hr, 2021- 2031F |
6.2.3 Cape Verde LPG Vaporizer Market Revenues & Volume, By 168-455 gal/hr, 2021- 2031F |
6.2.4 Cape Verde LPG Vaporizer Market Revenues & Volume, By 555-1005 gal/hr, 2021- 2031F |
6.2.5 Cape Verde LPG Vaporizer Market Revenues & Volume, By >1000 gal/hr, 2021- 2031F |
6.3 Cape Verde LPG Vaporizer Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde LPG Vaporizer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Cape Verde LPG Vaporizer Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Cape Verde LPG Vaporizer Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Cape Verde LPG Vaporizer Market Import-Export Trade Statistics |
7.1 Cape Verde LPG Vaporizer Market Export to Major Countries |
7.2 Cape Verde LPG Vaporizer Market Imports from Major Countries |
8 Cape Verde LPG Vaporizer Market Key Performance Indicators |
8.1 Number of government subsidies or incentives supporting the adoption of LPG vaporizers |
8.2 Percentage increase in LPG consumption in Cape Verde |
8.3 Number of new hotels or restaurants using LPG vaporizers |
8.4 Average time taken for LPG vaporizer installation and maintenance |
8.5 Customer satisfaction ratings for LPG vaporizer services |
9 Cape Verde LPG Vaporizer Market - Opportunity Assessment |
9.1 Cape Verde LPG Vaporizer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde LPG Vaporizer Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Cape Verde LPG Vaporizer Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cape Verde LPG Vaporizer Market - Competitive Landscape |
10.1 Cape Verde LPG Vaporizer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde LPG Vaporizer 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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