Key Market Indicators
Cabo Verde is projected to see its forestry revenue expand to approximately 33,800 hectares by 2028, up from around 32,900 hectares in 2023. This represents an annual compound growth rate of 0.5%. Since 1995, the country has experienced a steady increase in forestry supply, with an average annual growth rate of 0.9%. The consistent rise highlights the ongoing development and investment in Cabo Verde's forestry sector.
