| Product Code: ETC6685912 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to show a strong reliance on imports of plant-based textile yarn, with Portugal and Germany emerging as key exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained impressive at 49.65%. The high Herfindahl-Hirschman Index (HHI) indicates a market concentration that could impact competition and pricing dynamics in the industry. The trend highlights the importance of monitoring market developments and potential implications for stakeholders in the plant-based textile yarn sector.

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 Plant-Based Textile Yarn Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Plant-Based Textile Yarn Market - Industry Life Cycle |
3.4 Cape Verde Plant-Based Textile Yarn Market - Porter's Five Forces |
3.5 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Plant-Based Textile Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for sustainable and eco-friendly products |
4.2.2 Growing demand for plant-based textiles due to concerns about environmental impact of conventional textiles |
4.2.3 Government initiatives promoting sustainable practices and supporting the development of plant-based industries |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for plant-based textile yarn production in Cape Verde |
4.3.2 High production costs associated with plant-based textile yarn manufacturing |
4.3.3 Lack of infrastructure and technology for large-scale production and distribution of plant-based textile yarn |
5 Cape Verde Plant-Based Textile Yarn Market Trends |
6 Cape Verde Plant-Based Textile Yarn Market, By Types |
6.1 Cape Verde Plant-Based Textile Yarn Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Natural Yarn, 2021- 2031F |
6.1.4 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Artificial Yarn, 2021- 2031F |
6.1.5 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Plant-Based Textile Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Apparel, 2021- 2031F |
6.2.3 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Home Textile, 2021- 2031F |
6.2.4 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Cape Verde Plant-Based Textile Yarn Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Cape Verde Plant-Based Textile Yarn Market Import-Export Trade Statistics |
7.1 Cape Verde Plant-Based Textile Yarn Market Export to Major Countries |
7.2 Cape Verde Plant-Based Textile Yarn Market Imports from Major Countries |
8 Cape Verde Plant-Based Textile Yarn Market Key Performance Indicators |
8.1 Percentage increase in the adoption of plant-based textiles by clothing manufacturers in Cape Verde |
8.2 Average production cost per unit of plant-based textile yarn |
8.3 Number of partnerships between government agencies and industry players to promote plant-based textile yarn production |
8.4 Percentage increase in the cultivation area of raw materials for plant-based textile yarn |
9 Cape Verde Plant-Based Textile Yarn Market - Opportunity Assessment |
9.1 Cape Verde Plant-Based Textile Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Plant-Based Textile Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Plant-Based Textile Yarn Market - Competitive Landscape |
10.1 Cape Verde Plant-Based Textile Yarn Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Plant-Based Textile Yarn 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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