| Product Code: ETC5868622 | 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 engine and engine mounts import shipments to Cape Verde experienced significant growth in 2024, with a high concentration of imports from Portugal, Areas, nes, China, United Arab Emirates, and the United States of America. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 intensified further in 2024, indicating a very competitive market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.31%, with a notable growth rate of 19.53% from 2023 to 2024, reflecting a strong upward trajectory in import demand for automotive engine components in Cape Verde.

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 Engine , Engine Mounts Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Engine , Engine Mounts Market - Industry Life Cycle |
3.4 Cape Verde Automotive Engine , Engine Mounts Market - Porter's Five Forces |
3.5 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.7 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Cape Verde Automotive Engine , Engine Mounts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Cape Verde |
4.2.2 Growth in the tourism industry leading to higher demand for transportation services |
4.2.3 Government initiatives promoting the automotive sector in Cape Verde |
4.3 Market Restraints |
4.3.1 High import duties on automotive parts affecting market competitiveness |
4.3.2 Limited availability of skilled labor for engine mount manufacturing |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Cape Verde Automotive Engine , Engine Mounts Market Trends |
6 Cape Verde Automotive Engine , Engine Mounts Market Segmentations |
6.1 Cape Verde Automotive Engine , Engine Mounts Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.3 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Cape Verde Automotive Engine , Engine Mounts Market, By Engine Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By L4, 2021-2031F |
6.2.3 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By L6, 2021-2031F |
6.2.4 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By V6, 2021-2031F |
6.2.5 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By V8, 2021-2031F |
6.3 Cape Verde Automotive Engine , Engine Mounts Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By PC, 2021-2031F |
6.3.3 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By LCV, 2021-2031F |
6.3.4 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By HCV, 2021-2031F |
6.3.5 Cape Verde Automotive Engine , Engine Mounts Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
7 Cape Verde Automotive Engine , Engine Mounts Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Engine , Engine Mounts Market Export to Major Countries |
7.2 Cape Verde Automotive Engine , Engine Mounts Market Imports from Major Countries |
8 Cape Verde Automotive Engine , Engine Mounts Market Key Performance Indicators |
8.1 Average age of vehicles in Cape Verde |
8.2 Number of new vehicle registrations in Cape Verde |
8.3 GDP growth rate in Cape Verde |
8.4 Number of automotive workshops and service centers in Cape Verde |
8.5 Percentage of vehicles using locally manufactured engine mounts |
9 Cape Verde Automotive Engine , Engine Mounts Market - Opportunity Assessment |
9.1 Cape Verde Automotive Engine , Engine Mounts Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Cape Verde Automotive Engine , Engine Mounts Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.3 Cape Verde Automotive Engine , Engine Mounts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Cape Verde Automotive Engine , Engine Mounts Market - Competitive Landscape |
10.1 Cape Verde Automotive Engine , Engine Mounts Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Engine , Engine Mounts 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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