| Product Code: ETC6688890 | 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 |
Despite a slight decline in growth rate from 2023 to 2024, Cape Verde`s sodium benzoate import market continued to demonstrate strong overall growth with a remarkable CAGR of 17.84% from 2020 to 2024. The country mainly sourced its sodium benzoate imports from top exporters such as Portugal, Spain, and Italy in 2024, reflecting a high level of concentration with a stable HHI index. This data indicates a consistent demand for sodium benzoate in Cape Verde and a reliance on key trading partners for the supply of this essential chemical compound.

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 Sodium Benzoate Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Sodium Benzoate Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Sodium Benzoate Market - Industry Life Cycle |
3.4 Cape Verde Sodium Benzoate Market - Porter's Five Forces |
3.5 Cape Verde Sodium Benzoate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Cape Verde Sodium Benzoate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Sodium Benzoate Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Sodium Benzoate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Sodium Benzoate Market Trends |
6 Cape Verde Sodium Benzoate Market, By Types |
6.1 Cape Verde Sodium Benzoate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Sodium Benzoate Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Cape Verde Sodium Benzoate Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Cape Verde Sodium Benzoate Market Revenues & Volume, By Granules, 2021- 2031F |
6.1.5 Cape Verde Sodium Benzoate Market Revenues & Volume, By Flakes, 2021- 2031F |
6.1.6 Cape Verde Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Sodium Benzoate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Sodium Benzoate Market Revenues & Volume, By Antifungal Agent, 2021- 2031F |
6.2.3 Cape Verde Sodium Benzoate Market Revenues & Volume, By Antimicrobial Agent, 2021- 2031F |
6.2.4 Cape Verde Sodium Benzoate Market Revenues & Volume, By Rust and Corrosion Inhibitor, 2021- 2031F |
6.2.5 Cape Verde Sodium Benzoate Market Revenues & Volume, By Preservative, 2021- 2031F |
6.2.6 Cape Verde Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Sodium Benzoate Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Sodium Benzoate Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.3 Cape Verde Sodium Benzoate Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.3.4 Cape Verde Sodium Benzoate Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Cape Verde Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Sodium Benzoate Market Import-Export Trade Statistics |
7.1 Cape Verde Sodium Benzoate Market Export to Major Countries |
7.2 Cape Verde Sodium Benzoate Market Imports from Major Countries |
8 Cape Verde Sodium Benzoate Market Key Performance Indicators |
9 Cape Verde Sodium Benzoate Market - Opportunity Assessment |
9.1 Cape Verde Sodium Benzoate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Cape Verde Sodium Benzoate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Sodium Benzoate Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Sodium Benzoate Market - Competitive Landscape |
10.1 Cape Verde Sodium Benzoate Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Sodium Benzoate 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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