| 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 |