Market research

Wood in the rough market in Cabo Verde

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for wood in the rough in Cabo Verde remained stable between 2018 and 2020, with volume hovering around 121 thousand metric tons and domestic production steady at 120.9 thousand metric tons annually.

A significant expansion began in 2021, when market volume jumped to 148.2 thousand metric tons. Growth continued through 2022 and 2023, reaching 151.8 thousand metric tons, supported by a parallel rise in domestic production.

From 2023, increased international investment in tourism, particularly in hotel construction, boosted demand for wood used in building projects. In 2024, further investments in renewable energy infrastructure and a decline in unemployment to 8.0% indicated sustained drivers for construction-related wood demand.

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 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, K 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, K 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Cabo Verde, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Cabo Verde by countries, 2018-2024, $ US/t
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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Cabo Verde, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Cabo Verde by countries, 2018-2024, $ US/t
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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Cabo Verde, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Cabo Verde by countries, 2018-2024, $ US/t
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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Cabo Verde, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Cabo Verde by countries, 2018-2024, $ US/t
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 wood in the rough in Cabo Verde

In kind, 2017-2020, K t

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

In 2020, Cabo Verde produced 120.9 thousand tons of wood in the rough, showing no significant year-over-year change compared to 2019. The largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports wood in the rough 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

Structure of product's exports in kind by countries, 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

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

Source: SHEV.io

Imports wood in the rough to Cabo Verde

Imports in kind, t

The market displayed volatility throughout the observed period. Imports reached their lowest point in 2019 at 31.4 tons and peaked in 2018 at 364.1 tons, representing an 11.6-fold difference between these years. In 2020, imported wood in the rough volumes in Cabo Verde amounted to 121.1 tons, marking a dramatic increase of 286.3% compared to 2019. The largest decline was recorded in 2019 at 91.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	227.9%	(91.4%)	286.3%	2.9%

Source: SHEV.io

From 2017 to 2020, wood in the rough imports to Cabo Verde were predominantly sourced from Portugal, which accounted for 99.8% of total 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

Market performance showed noticeable fluctuations during this period. The lowest value was recorded in 2019 at 13.4 thousand US dollars, while the peak occurred in 2018 at 210.0 thousand US dollars, resulting in a 16-fold gap. In 2020, Cabo Verde's wood in the rough import volume stood at 93.8 thousand US dollars, corresponding to an advance of 600.6% compared to 2019. The largest decline was recorded in 2019 at 93.6%.

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	106.9%	(93.6%)	600.6%	(2.6%)

Source: SHEV.io

Between 2017 and 2020, the country structure of imports in value terms was highly concentrated, with Portugal alone accounting for 97.8% of total flows.

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