| Product Code: ETC4842546 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde continues to rely on key trading partners such as Portugal, Spain, Senegal, Italy, and China for its paprika imports in 2024. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market has displayed a strong Compound Annual Growth Rate (CAGR) of 9.86% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -23.2%, suggesting potential shifts or challenges in the market dynamics affecting paprika import shipments to Cape Verde.

By 2027, the Paprika market in Cabo Verde is anticipated to reach a growth rate of 4.76%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Paprika Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Paprika Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Paprika Market - Industry Life Cycle |
3.4 Cape Verde Paprika Market - Porter's Five Forces |
3.5 Cape Verde Paprika Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Paprika Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Paprika Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Paprika Market Trends |
6 Cape Verde Paprika Market Segmentations |
6.1 Cape Verde Paprika Market, By Product |
6.1.1 Overview and Analysis | 6.1.3 Cape Verde Paprika Market Revenues & Volume, By Vegetable, 2021-2031F |
6.1.3 Cape Verde Paprika Market Revenues & Volume, By Spice Powder, 2021-2031F |
6.1.4 Cape Verde Paprika Market Revenues & Volume, By Paprika Oleoresin, 2021-2031F |
6.1.5 Cape Verde Paprika Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Paprika Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Paprika Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Cape Verde Paprika Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Cape Verde Paprika Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 Cape Verde Paprika Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Paprika Market Import-Export Trade Statistics |
7.1 Cape Verde Paprika Market Export to Major Countries |
7.2 Cape Verde Paprika Market Imports from Major Countries |
8 Cape Verde Paprika Market Key Performance Indicators |
9 Cape Verde Paprika Market - Opportunity Assessment |
9.1 Cape Verde Paprika Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Paprika Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Paprika Market - Competitive Landscape |
10.1 Cape Verde Paprika Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Paprika 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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