| Product Code: ETC4707019 | 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 |
The Cape Verde shrimp import market continues to thrive in 2024, with top exporting countries such as Spain, Portugal, Ecuador, Senegal, and Areas, nes dominating the market. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 31.51% from 2020 to 2024 demonstrates significant expansion opportunities. Moreover, the remarkable growth rate of 48.65% from 2023 to 2024 highlights the increasing demand for shrimp imports in Cape Verde. This positive trend signifies a promising outlook for the shrimp import industry in the region.

In the Africa region, the Shrimp market in Cabo Verde is projected to expand at a growing growth rate of 6.28% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Shrimp Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Shrimp Market - Industry Life Cycle |
3.4 Cape Verde Shrimp Market - Porter's Five Forces |
3.5 Cape Verde Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Cape Verde Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Cape Verde Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Cape Verde Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Cape Verde Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Shrimp Market Trends |
6 Cape Verde Shrimp Market Segmentations |
6.1 Cape Verde Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Shrimp Market Revenues & Volume, By Gulf Shrimps, 2021-2031F |
6.1.3 Cape Verde Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2021-2031F |
6.1.4 Cape Verde Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2021-2031F |
6.1.5 Cape Verde Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2021-2031F |
6.1.6 Cape Verde Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2021-2031F |
6.1.7 Cape Verde Shrimp Market Revenues & Volume, By Blue Shrimps, 2021-2031F |
6.2 Cape Verde Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Shrimp Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Cape Verde Shrimp Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Cape Verde Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Shrimp Market Revenues & Volume, By Canned, 2021-2031F |
6.3.3 Cape Verde Shrimp Market Revenues & Volume, By ? Breaded, 2021-2031F |
6.3.4 Cape Verde Shrimp Market Revenues & Volume, By Peeled, 2021-2031F |
6.3.5 Cape Verde Shrimp Market Revenues & Volume, By Cooked & Peeled, 2021-2031F |
6.3.6 Cape Verde Shrimp Market Revenues & Volume, By Shell-On, 2021-2031F |
6.3.7 Cape Verde Shrimp Market Revenues & Volume, By Frozen, 2021-2031F |
6.4 Cape Verde Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Shrimp Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Cape Verde Shrimp Market Revenues & Volume, By Indirect, 2021-2031F |
6.5 Cape Verde Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Shrimp Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 Cape Verde Shrimp Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Cape Verde Shrimp Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.5.5 Cape Verde Shrimp Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Cape Verde Shrimp Market Revenues & Volume, By Biotechnology, 2021-2031F |
7 Cape Verde Shrimp Market Import-Export Trade Statistics |
7.1 Cape Verde Shrimp Market Export to Major Countries |
7.2 Cape Verde Shrimp Market Imports from Major Countries |
8 Cape Verde Shrimp Market Key Performance Indicators |
9 Cape Verde Shrimp Market - Opportunity Assessment |
9.1 Cape Verde Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Cape Verde Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Cape Verde Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Cape Verde Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Cape Verde Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Shrimp Market - Competitive Landscape |
10.1 Cape Verde Shrimp Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Shrimp 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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