Key Market Indicators
Cabo Verdean imports of transformers are set to drop by 1.9% each year up to 2026. This follows a 4.3% fall in demand since 2002. China, Germany and Mexico are the top three countries contributing to these imports. In 2021, imports of transformers into Cabo Verde are estimated to be around $1.75 million. This is expected to fall to $1.56 million by 2026.
