Market research

Non coniferous wood fuel 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

From 2018 to 2020, production of non-coniferous wood fuel in Cabo Verde remained stable at 186 thousand m³ per year.

In 2021, market volume jumped by 22% to 227.6 thousand m³. Growth continued at a slower pace, reaching 230.4 thousand m³ in 2022 and 233.3 thousand m³ in 2023.

The movement in 2022-2023 was shaped by developments in the liquid fuels market. The sharp rise in international oil prices following the Ukraine war in 2022 increased costs for imported liquid fuels, likely boosting demand for more affordable wood fuel. The government temporarily suspended the fuel price-setting mechanism and adjusted import duties to cushion the economic impact. In 2023, falling global oil prices and a stronger euro allowed a roughly 10% reduction in liquid fuel prices, yet wood fuel production kept expanding gradually. Monthly regulatory updates of maximum fuel prices were maintained throughout the period and continued into 2024, reflecting ongoing adjustments to international market conditions.

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, K m³
  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, K m³
  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, K m³
  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, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Cabo Verde in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Cabo Verde by countries, 2018-2024, m³
    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/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Cabo Verde, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Cabo Verde by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Cabo Verde in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Cabo Verde by countries, 2018-2024, m³
    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/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Cabo Verde, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Cabo Verde by countries, 2018-2024, $ US/m³
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, m³
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, m³
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production non coniferous wood fuel in Cabo Verde

In kind, 2017-2020, K m³

Top producers of non coniferous wood fuel, 2017-2020

Source: SHEV.io

World map of production of non coniferous wood fuel, 2017-2020

Source: SHEV.io

In Cabo Verde, production of non-coniferous wood fuel remained stable in 2020, with output at 186.0 thousand cubic meters. This figure showed virtually no change compared to 2019. Looking back, the most significant production decline occurred in 2018, when output dropped by 0.0%. Interestingly, the largest increase also took place in that same year, with a 0.0% rise.

Annual dynamics of production in Cabo Verde in kind, 2017-2020, K m³