Market research

Goat meat market in Cabo Verde

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The volume of goat meat traded in Cabo Verde rose consistently from 484 tons in 2018 to 643 tons in 2023. The most pronounced increase took place in 2020, when the market expanded by 17% or 85 tons, reaching 594 tons that year.

Following the 2020 surge, market growth continued at a steadier annual pace of 2-3% through 2023, reflecting stable incremental gains in domestic production and consumption.

Goat meat holds a traditional place in Cabo Verdean cuisine, and the sector operates under EU-aligned inspection and marking rules for fresh meats, which support market quality and safety standards.

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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Cabo Verde in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Cabo Verde by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Cabo Verde in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Cabo Verde by countries, 2018-2024, $ 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Cabo Verde in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Cabo Verde by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Cabo Verde in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Cabo Verde by countries, 2018-2024, $ 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, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Cabo Verde in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Cabo Verde by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Cabo Verde in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Cabo Verde by countries, 2018-2024, $ 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, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Cabo Verde in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Cabo Verde by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Cabo Verde in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Cabo Verde by countries, 2018-2024, $ 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, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 goat meat in Cabo Verde

In kind, 2017-2020, t

Top producers of goat meat, 2017-2020

Source: SHEV.io

World map of production of goat meat, 2017-2020

Source: SHEV.io

Goat meat production in Cabo Verde has increased for the second consecutive year. In 2020, the country produced 593 tons of goat meat, representing a 19.3% year-over-year growth. Between 2017 and 2020, production rose by 22.5%, which translates to an annualized growth rate of 7.0%. The smallest change occurred in 2018, with production remaining essentially flat.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	2.7%	19.3%	7.0%

Source: SHEV.io

Exports goat meat from Cabo Verde

Exports in kind, kg

Annual dynamics of product's exports from Cabo Verde in kind, 2017-2020, kg

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

Source: SHEV.io

From 2017 to 2020, Portugal served as the primary market for Cabo Verde's goat meat exports, accounting for 3.0% of total exports in volume terms.

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, $ US

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

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

Source: SHEV.io

During the 2017–2020 period, Portugal consistently remained the main and most stable destination for exports in value terms, representing 3.0% of total export flows.

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 goat meat to Cabo Verde

Imports in kind, kg

The market displayed significant volatility throughout the period. Import volumes fluctuated dramatically, with a 191-fold difference between the peak in 2019 and the trough in 2018. In 2020, foreign goat meat supplies to Cabo Verde totaled 477 kg, marking a sharp 96.3% decline from the previous year. The lowest volume was recorded in 2018 at 68 kg, while the highest reached 12 972 kg in 2019. The most substantial increase occurred in 2019, with growth soaring by 18 976.5%.

Annual dynamics of product's imports to Cabo Verde in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(89.5%)	18 976.5%	(96.3%)	(9.6%)

Source: SHEV.io

Between 2017 and 2020, the Netherlands dominated imports in volume terms, capturing 90.0% of total flows, with the remaining share distributed among various smaller markets.

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, $ US

The market experienced considerable instability during this timeframe. Import values varied by a factor of 57 between the maximum in 2019 and the minimum in 2018. In 2020, foreign goat meat supplies to Cabo Verde amounted to 2 790 US dollars, showing a steep 93.6% decrease from 2019. The lowest value was recorded in 2018 at 771 US dollars, while the highest reached 43 869 US dollars in 2019. The most significant surge took place in 2019, with an increase of 5 592.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(88.4%)	5 592.5%	(93.6%)	(25.1%)

Source: SHEV.io

Throughout the 2017–2020 period, the import structure in value terms was heavily concentrated on the Netherlands, which held a 77.8% share of total flows, while other markets constituted a relatively minor portion.

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