| Product Code: ETC6686677 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The premium spirits import market in Cape Verde saw a significant shift in 2024 with a notable increase in concentration, marked by top exporting countries including Portugal, Spain, Brazil, Angola, and France. This change is reflected in the negative CAGR of -5.78% from 2020-2024 and a steep decline in growth rate of -25.45% from 2023-2024. The rise in concentration levels suggests a potential shift in market dynamics and competitive landscape, warranting further analysis to understand the implications for stakeholders in the industry.

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 Premium Spirits Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Premium Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Premium Spirits Market - Industry Life Cycle |
3.4 Cape Verde Premium Spirits Market - Porter's Five Forces |
3.5 Cape Verde Premium Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Premium Spirits Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Cape Verde Premium Spirits Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
3.8 Cape Verde Premium Spirits Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Cape Verde Premium Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for premium spirits among tourists visiting Cape Verde |
4.2.2 Increasing disposable income and changing consumer preferences towards premium products |
4.2.3 Rise in cocktail culture and mixology trend in Cape Verde |
4.3 Market Restraints |
4.3.1 High import duties and taxes on premium spirits affecting pricing and affordability |
4.3.2 Limited availability of premium spirits brands in the Cape Verde market |
4.3.3 Competition from other alcoholic beverages such as local spirits and wines |
5 Cape Verde Premium Spirits Market Trends |
6 Cape Verde Premium Spirits Market, By Types |
6.1 Cape Verde Premium Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Premium Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Premium Spirits Market Revenues & Volume, By Whisky, 2021- 2031F |
6.1.4 Cape Verde Premium Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.5 Cape Verde Premium Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.6 Cape Verde Premium Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.7 Cape Verde Premium Spirits Market Revenues & Volume, By Tequila, 2021- 2031F |
6.1.8 Cape Verde Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Premium Spirits Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Premium Spirits Market Revenues & Volume, By Natural, 2021- 2031F |
6.2.3 Cape Verde Premium Spirits Market Revenues & Volume, By Flavored, 2021- 2031F |
6.3 Cape Verde Premium Spirits Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Premium Spirits Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Cape Verde Premium Spirits Market Revenues & Volume, By E-commerce websites, 2021- 2031F |
6.3.4 Cape Verde Premium Spirits Market Revenues & Volume, By Company-owned websites, 2021- 2031F |
6.3.5 Cape Verde Premium Spirits Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.6 Cape Verde Premium Spirits Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.7 Cape Verde Premium Spirits Market Revenues & Volume, By Spatiality Stores, 2021- 2031F |
6.3.8 Cape Verde Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Cape Verde Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cape Verde Premium Spirits Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Premium Spirits Market Revenues & Volume, By Household, 2021- 2031F |
6.4.3 Cape Verde Premium Spirits Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Cape Verde Premium Spirits Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.4.5 Cape Verde Premium Spirits Market Revenues & Volume, By Cafes, 2021- 2031F |
6.4.6 Cape Verde Premium Spirits Market Revenues & Volume, By Hotels, 2021- 2031F |
6.4.7 Cape Verde Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Premium Spirits Market Import-Export Trade Statistics |
7.1 Cape Verde Premium Spirits Market Export to Major Countries |
7.2 Cape Verde Premium Spirits Market Imports from Major Countries |
8 Cape Verde Premium Spirits Market Key Performance Indicators |
8.1 Tourism arrivals to Cape Verde |
8.2 Number of upscale bars and restaurants offering premium spirits |
8.3 Consumer spending on alcoholic beverages in Cape Verde |
8.4 Participation in mixology events and cocktail competitions |
8.5 Number of premium spirits brands entering or expanding in the Cape Verde market |
9 Cape Verde Premium Spirits Market - Opportunity Assessment |
9.1 Cape Verde Premium Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Premium Spirits Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Cape Verde Premium Spirits Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
9.4 Cape Verde Premium Spirits Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Cape Verde Premium Spirits Market - Competitive Landscape |
10.1 Cape Verde Premium Spirits Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Premium Spirits 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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