| Product Code: ETC4673503 | 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 silicone import market in 2024 continues to be dominated by key exporting countries such as Portugal, China, Br. Indian Ocean Terr., Spain, and Belgium. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -6.35% from 2020 to 2024. Additionally, the growth rate from 2023 to 2024 plummeted by -25.56%, indicating a challenging year for silicone imports in Cape Verde.
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The Silicone market in Cabo Verde is projected to grow at a exponential growth rate of 15.47% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
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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 Silicone Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Silicone Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Silicone Market - Industry Life Cycle |
3.4 Cape Verde Silicone Market - Porter's Five Forces |
3.5 Cape Verde Silicone Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Cape Verde Silicone Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Cape Verde Silicone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Silicone Market Trends |
6 Cape Verde Silicone Market Segmentations |
6.1 Cape Verde Silicone Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Silicone Market Revenues & Volume, By Fluids, 2021-2031F |
6.1.3 Cape Verde Silicone Market Revenues & Volume, By Gels, 2021-2031F |
6.1.4 Cape Verde Silicone Market Revenues & Volume, By Resins, 2021-2031F |
6.1.5 Cape Verde Silicone Market Revenues & Volume, By Elastomers, 2021-2031F |
6.1.6 Cape Verde Silicone Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Silicone Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Silicone Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.3 Cape Verde Silicone Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 Cape Verde Silicone Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Cape Verde Silicone Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Cape Verde Silicone Market Revenues & Volume, By Personal Care & Consumer goods, 2021-2031F |
6.2.7 Cape Verde Silicone Market Revenues & Volume, By Energy, 2021-2031F |
6.2.8 Cape Verde Silicone Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Cape Verde Silicone Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Silicone Market Import-Export Trade Statistics |
7.1 Cape Verde Silicone Market Export to Major Countries |
7.2 Cape Verde Silicone Market Imports from Major Countries |
8 Cape Verde Silicone Market Key Performance Indicators |
9 Cape Verde Silicone Market - Opportunity Assessment |
9.1 Cape Verde Silicone Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Cape Verde Silicone Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Cape Verde Silicone Market - Competitive Landscape |
10.1 Cape Verde Silicone Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Silicone 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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