Key Market Indicators
CABO VERDE — The nation's bread import is projected to climb to approximately $4.3 million by 2028, up from an estimated $3.8 million in 2023. This marks a steady annual growth rate of 2%. The demand for bread in Cabo Verde has been increasing at an average rate of 2.4% per year since 2002. On the export front, Cabo Verde's bread shipments are expected to reach around $1 million by 2028, rising from about $800,000 in 2023. This represents an average annual growth rate of 3.4%. Since 2002, the country's bread supply for export has grown at an annual rate of 2.7%.