| Product Code: ETC5366433 | 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 continues to rely heavily on imports of paving blocks, with top exporters in 2024 being Portugal, Italy, France, China, and Norway. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially impacting competition. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -21.1% highlights a declining trend, exacerbated by a significant drop in growth rate from 2023 to 2024 at -90.4%. Industry players should closely monitor these dynamics to adapt strategies and navigate the challenging market conditions effectively.

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 Paving Blocks Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Paving Blocks Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Paving Blocks Market - Industry Life Cycle |
3.4 Cape Verde Paving Blocks Market - Porter's Five Forces |
3.5 Cape Verde Paving Blocks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Paving Blocks Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cape Verde Paving Blocks Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Cape Verde Paving Blocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in Cape Verde |
4.2.2 Growing demand for sustainable and eco-friendly construction materials |
4.2.3 Government initiatives promoting infrastructure projects and construction activities |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Lack of skilled labor in the construction industry |
4.3.3 Economic instability and fluctuating foreign exchange rates |
5 Cape Verde Paving Blocks Market Trends |
6 Cape Verde Paving Blocks Market Segmentations |
6.1 Cape Verde Paving Blocks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Paving Blocks Market Revenues & Volume, By Pavers, 2021-2031F |
6.1.3 Cape Verde Paving Blocks Market Revenues & Volume, By Glazed Clay Bricks, 2021-2031F |
6.1.4 Cape Verde Paving Blocks Market Revenues & Volume, By Wall Block, 2021-2031F |
6.2 Cape Verde Paving Blocks Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Paving Blocks Market Revenues & Volume, By Clay, 2021-2031F |
6.2.3 Cape Verde Paving Blocks Market Revenues & Volume, By Building Bricks, 2021-2031F |
6.2.4 Cape Verde Paving Blocks Market Revenues & Volume, By Concrete, 2021-2031F |
6.3 Cape Verde Paving Blocks Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Paving Blocks Market Revenues & Volume, By General, 2021-2031F |
6.3.3 Cape Verde Paving Blocks Market Revenues & Volume, By Structural, 2021-2031F |
6.3.4 Cape Verde Paving Blocks Market Revenues & Volume, By Hardscaping, 2021-2031F |
6.3.5 Cape Verde Paving Blocks Market Revenues & Volume, By Siding, 2021-2031F |
6.3.6 Cape Verde Paving Blocks Market Revenues & Volume, By Fireplace, 2021-2031F |
6.3.7 Cape Verde Paving Blocks Market Revenues & Volume, By Other, 2021-2031F |
7 Cape Verde Paving Blocks Market Import-Export Trade Statistics |
7.1 Cape Verde Paving Blocks Market Export to Major Countries |
7.2 Cape Verde Paving Blocks Market Imports from Major Countries |
8 Cape Verde Paving Blocks Market Key Performance Indicators |
8.1 Percentage increase in construction permits issued |
8.2 Adoption rate of sustainable construction practices in Cape Verde |
8.3 Number of infrastructure projects initiated by the government |
9 Cape Verde Paving Blocks Market - Opportunity Assessment |
9.1 Cape Verde Paving Blocks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Paving Blocks Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cape Verde Paving Blocks Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Cape Verde Paving Blocks Market - Competitive Landscape |
10.1 Cape Verde Paving Blocks Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Paving Blocks 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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