| Product Code: ETC6689497 | 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 |
Cape Verde continues to rely on key European countries such as Portugal, France, Spain, and Italy, as well as Israel for its storage tank import shipments. The high concentration of imports from these countries has resulted in a high Herfindahl-Hirschman Index (HHI) in 2024, indicating a competitive market. Despite an overall negative compound annual growth rate (CAGR) from 2020 to 2024, there was a significant surge in growth from 2023 to 2024, with an impressive growth rate of 81.07%. This suggests potential opportunities for market expansion and diversification in the storage tank industry in Cape Verde.

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 Storage Tank Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Storage Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Storage Tank Market - Industry Life Cycle |
3.4 Cape Verde Storage Tank Market - Porter's Five Forces |
3.5 Cape Verde Storage Tank Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Cape Verde Storage Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Storage Tank Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.8 Cape Verde Storage Tank Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 Cape Verde Storage Tank Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cape Verde Storage Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Storage Tank Market Trends |
6 Cape Verde Storage Tank Market, By Types |
6.1 Cape Verde Storage Tank Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Storage Tank Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Cape Verde Storage Tank Market Revenues & Volume, By Top Wear, 2021- 2031F |
6.1.4 Cape Verde Storage Tank Market Revenues & Volume, By Plastic, 2021- 2031F |
6.1.5 Cape Verde Storage Tank Market Revenues & Volume, By Metal, 2021- 2031F |
6.1.6 Cape Verde Storage Tank Market Revenues & Volume, By FRP, 2021- 2031F |
6.1.7 Cape Verde Storage Tank Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Storage Tank Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Storage Tank Market Revenues & Volume, By Fluorocarbon, 2021- 2031F |
6.2.3 Cape Verde Storage Tank Market Revenues & Volume, By Inorganic, 2021- 2031F |
6.2.4 Cape Verde Storage Tank Market Revenues & Volume, By Hydrocarbon/Natural, 2021- 2031F |
6.3 Cape Verde Storage Tank Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Storage Tank Market Revenues & Volume, By Up to 50 cu. ft., 2021- 2031F |
6.3.3 Cape Verde Storage Tank Market Revenues & Volume, By 50 cu. ft. to 100 cu. ft., 2021- 2031F |
6.3.4 Cape Verde Storage Tank Market Revenues & Volume, By Above 100 cu. ft., 2021- 2031F |
6.4 Cape Verde Storage Tank Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Storage Tank Market Revenues & Volume, By Less than 1,000 Gallons, 2021- 2031F |
6.4.3 Cape Verde Storage Tank Market Revenues & Volume, By 1,001 to 10,000 Gallons, 2021- 2031F |
6.4.4 Cape Verde Storage Tank Market Revenues & Volume, By Above 10,001 Gallons, 2021- 2031F |
6.5 Cape Verde Storage Tank Market, By End-use Industry |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Storage Tank Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.5.3 Cape Verde Storage Tank Market Revenues & Volume, By Petrochemical, 2021- 2031F |
6.5.4 Cape Verde Storage Tank Market Revenues & Volume, By Paper & Pulp, 2021- 2031F |
6.5.5 Cape Verde Storage Tank Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.5.6 Cape Verde Storage Tank Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.5.7 Cape Verde Storage Tank Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
7 Cape Verde Storage Tank Market Import-Export Trade Statistics |
7.1 Cape Verde Storage Tank Market Export to Major Countries |
7.2 Cape Verde Storage Tank Market Imports from Major Countries |
8 Cape Verde Storage Tank Market Key Performance Indicators |
9 Cape Verde Storage Tank Market - Opportunity Assessment |
9.1 Cape Verde Storage Tank Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Cape Verde Storage Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Storage Tank Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.4 Cape Verde Storage Tank Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 Cape Verde Storage Tank Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cape Verde Storage Tank Market - Competitive Landscape |
10.1 Cape Verde Storage Tank Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Storage Tank 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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