| Product Code: ETC5891631 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The automotive chassis import market in Cape Verde experienced a significant increase in concentration levels in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating higher market dominance by key exporting countries. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 highlights a challenging period for the market, compounded by a sharp decline in growth rate from 2023 to 2024. Top exporting countries such as Portugal, Belgium, France, and the Netherlands play a crucial role in supplying automotive chassis to Cape Verde, emphasizing the importance of monitoring market trends and dynamics in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Automotive Chassis Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Chassis Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Chassis Market - Industry Life Cycle |
3.4 Cape Verde Automotive Chassis Market - Porter's Five Forces |
3.5 Cape Verde Automotive Chassis Market Revenues & Volume Share, By Chassis Type, 2021 & 2031F |
3.6 Cape Verde Automotive Chassis Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cape Verde Automotive Chassis Market Revenues & Volume Share, By Electric Vehicle, 2021 & 2031F |
4 Cape Verde Automotive Chassis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for commercial vehicles in Cape Verde |
4.2.2 Growth in the construction and infrastructure development sector |
4.2.3 Government initiatives to boost the automotive industry in Cape Verde |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive chassis |
4.3.2 Limited availability of skilled labor for manufacturing and assembly |
4.3.3 Volatility in raw material prices affecting production costs |
5 Cape Verde Automotive Chassis Market Trends |
6 Cape Verde Automotive Chassis Market Segmentations |
6.1 Cape Verde Automotive Chassis Market, By Chassis Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Chassis Market Revenues & Volume, By Backbone, 2021-2031F |
6.1.3 Cape Verde Automotive Chassis Market Revenues & Volume, By Ladder, 2021-2031F |
6.1.4 Cape Verde Automotive Chassis Market Revenues & Volume, By Monocoque, 2021-2031F |
6.1.5 Cape Verde Automotive Chassis Market Revenues & Volume, By Modular, 2021-2031F |
6.2 Cape Verde Automotive Chassis Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Chassis Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Cape Verde Automotive Chassis Market Revenues & Volume, By Aluminum Alloy, 2021-2031F |
6.2.4 Cape Verde Automotive Chassis Market Revenues & Volume, By Carbon Fiber Composite, 2021-2031F |
6.3 Cape Verde Automotive Chassis Market, By Electric Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Chassis Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Cape Verde Automotive Chassis Market Revenues & Volume, By PHEV, 2021-2031F |
6.3.4 Cape Verde Automotive Chassis Market Revenues & Volume, By HEV, 2021-2031F |
7 Cape Verde Automotive Chassis Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Chassis Market Export to Major Countries |
7.2 Cape Verde Automotive Chassis Market Imports from Major Countries |
8 Cape Verde Automotive Chassis Market Key Performance Indicators |
8.1 Average age of the automotive chassis fleet in Cape Verde |
8.2 Number of new vehicle registrations in the commercial segment |
8.3 Percentage of automotive manufacturers using locally sourced materials in production |
9 Cape Verde Automotive Chassis Market - Opportunity Assessment |
9.1 Cape Verde Automotive Chassis Market Opportunity Assessment, By Chassis Type, 2021 & 2031F |
9.2 Cape Verde Automotive Chassis Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cape Verde Automotive Chassis Market Opportunity Assessment, By Electric Vehicle, 2021 & 2031F |
10 Cape Verde Automotive Chassis Market - Competitive Landscape |
10.1 Cape Verde Automotive Chassis Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Chassis Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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