Key Market Indicators
Cabo Verde's pulses production is projected to decline over the next five years, dropping from approximately 4,400 metric tons in 2023 to around 3,700 metric tons by 2028. This represents an average annual decrease of 2.8%. Historically, the country's pulses supply has seen a significant increase, with an annual growth rate of 5.9% since 1966. However, this upward trend appears to be reversing. In the global ranking for pulses production in 2023, Cabo Verde was positioned at 129th place. Lesotho slightly outpaced Cabo Verde with an identical production figure of 4,420 metric tons. Leading the global rankings, Myanmar, Canada, and China secured the second, third, and fourth spots respectively.
