Market research

Beef and buffalo meat market in Cabo Verde

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The beef and buffalo meat market in Cabo Verde experienced significant volatility between 2018 and 2024. Market volume fell sharply from 1 352 т in 2018 to 1 028 т in 2020, driven primarily by the COVID-19 pandemic, which disrupted global supply chains and reduced import flows. Government measures to compensate food importers helped mitigate price spikes but could not prevent the contraction in available supply. The decline continued into 2021, with market volume dropping further to 888 т.

A strong rebound occurred in 2022, with market volume surging to 1 382 т, supported by the recovery of the public enterprise sector and state interventions to cushion the impact of the Ukraine war on energy and food costs. New animal health regulations introduced that year aimed to secure the production and trade chain. However, in 2023, a prolonged drought severely affected agriculture, reducing local output and pushing up food prices, which contributed to a slight market contraction to 1 295 т. Despite ongoing inflation eroding household purchasing power, the government promoted new business models for animal breeding in 2024 as a strategy to diversify and increase domestic meat production.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Cabo Verde
  1. 5.1.1. Annual dynamics of production in Cabo Verde in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Cabo Verde in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Cabo Verde in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Cabo Verde by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Cabo Verde in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Cabo Verde by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Cabo Verde, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Cabo Verde by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Cabo Verde in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Cabo Verde by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Cabo Verde in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Cabo Verde by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Cabo Verde, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Cabo Verde by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Cabo Verde in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Cabo Verde by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Cabo Verde in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Cabo Verde by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Cabo Verde, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Cabo Verde by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Cabo Verde in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Cabo Verde by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Cabo Verde in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Cabo Verde by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Cabo Verde, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Cabo Verde by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production beef and buffalo meat in Cabo Verde

In kind, 2017-2020, t

Top producers of beef and buffalo meat, 2017-2020

Source: SHEV.io

World map of production of beef and buffalo meat, 2017-2020

Source: SHEV.io

In 2019, Cabo Verde produced 711.0 tonnes of beef and buffalo meat, marking the highest output during this period. Production remained virtually unchanged in 2020 at 708.0 tonnes, representing a slight decrease of 0.3% compared to the previous year.

Annual dynamics of production in Cabo Verde in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.1%)	0.3%	(0.4%)	(0.1%)

Source: SHEV.io

Exports beef and buffalo meat from Cabo Verde

Exports in kind, t

Annual dynamics of product's exports from Cabo Verde in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Spain was the largest buyer of beef and buffalo meat from Cabo Verde, accounting for 35.9% of exports in kind. Portugal followed with 1.5%, and the Netherlands with 1.4%. Together, these three markets represented 38.8% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Cabo Verde in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Cabo Verde in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Spain, Portugal, and the Netherlands collectively absorbed 9.1% of the total export value of beef and buffalo meat from Cabo Verde.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Cabo Verde in value, 2017-2020

Source: SHEV.io

Imports beef and buffalo meat to Cabo Verde

Imports in kind, t

Cabo Verde's imports of beef and buffalo meat declined for the second consecutive year in 2020, reaching 320.3 tonnes. This represented a sharp decrease of 47.9% compared to 2019. Over the 2017-2020 period, imports fell by 45.9%, with a compound annual growth rate of -18.5%. The peak import volume was recorded in 2018 at 642.5 tonnes, which was an 8.5% increase from the previous year.

Annual dynamics of product's imports to Cabo Verde in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.5%	(4.3%)	(47.9%)	(18.5%)

Source: SHEV.io

From 2017 to 2020, Spain consistently led as the top source of beef and buffalo meat imports to Cabo Verde in kind, accounting for 41.0% of the total. Brazil followed with 28.8%, and Portugal with 18.2%. Together, these three countries supplied 87.9% of all imports in kind.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Cabo Verde in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Cabo Verde's beef and buffalo meat imports declined for the second year in a row in 2020, with a value of approximately 1 939 thousand US dollars. This marked a significant year-over-year decrease of 53.0%. Over the 2017-2020 period, import values dropped by 50.6%, with a compound annual growth rate of -20.9%. The highest import value was recorded in 2018 at 4 309 thousand US dollars, reflecting a 9.9% increase from the previous year.

Annual dynamics of product's imports to Cabo Verde in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.9%	(4.3%)	(53.0%)	(20.9%)

Source: SHEV.io

Between 2017 and 2020, Spain accounted for the largest share of beef and buffalo meat imports to Cabo Verde in value terms, at 44.8%. Brazil contributed 28.6%, and Portugal 13.3%. Collectively, these three countries made up 86.7% of total import flows in value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Cabo Verde in value, 2017-2020

Source: SHEV.io