Cape Verde Automotive Steel Wheel Market (2025-2031) | Analysis, Competitive Landscape, Outlook, Industry, Companies, Trends, Size & Revenue, Forecast, Segmentation, Growth, Share, Value
Market Forecast By Rim Size (Less than 12 Inches, 12 Inches - 15 Inches, 16 Inches - 18 Inches, 19 Inches - 21 Inches, More than 21 Inches), By OEM (Commercial Vehicle, Passenger Vehicle), By Aftermarket (Commercial Vehicle, Passenger Vehicle) And Competitive Landscape
| Product Code: ETC6672554 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde Automotive Steel Wheel Market: Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Cape Verde continued to rely on automotive steel wheel imports from top exporting countries such as Portugal, China, USA, Areas nes, and France. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the industry experienced a negative Compound Annual Growth Rate (CAGR) of -6.51% from 2020 to 2024. The growth rate further declined by -10.81% from 2023 to 2024. This indicates a challenging market environment for automotive steel wheel imports in Cape Verde, potentially influenced by various economic factors and global trade dynamics.
Key Highlights of the Report:
- Cape Verde Automotive Steel Wheel Market Outlook
- Market Size of Cape Verde Automotive Steel Wheel Market, 2024
- Forecast of Cape Verde Automotive Steel Wheel Market, 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Revenues & Volume for the Period 2021- 2031
- Cape Verde Automotive Steel Wheel Market Trend Evolution
- Cape Verde Automotive Steel Wheel Market Drivers and Challenges
- Cape Verde Automotive Steel Wheel Price Trends
- Cape Verde Automotive Steel Wheel Porter's Five Forces
- Cape Verde Automotive Steel Wheel Industry Life Cycle
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Rim Size for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Less than 12 Inches for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By 12 Inches - 15 Inches for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By 16 Inches - 18 Inches for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By 19 Inches - 21 Inches for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By More than 21 Inches for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By OEM for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Commercial Vehicle for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Aftermarket for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Commercial Vehicle for the Period 2021- 2031
- Historical Data and Forecast of Cape Verde Automotive Steel Wheel Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
- Cape Verde Automotive Steel Wheel Import Export Trade Statistics
- Market Opportunity Assessment By Rim Size
- Market Opportunity Assessment By OEM
- Market Opportunity Assessment By Aftermarket
- Cape Verde Automotive Steel Wheel Top Companies Market Share
- Cape Verde Automotive Steel Wheel Competitive Benchmarking By Technical and Operational Parameters
- Cape Verde Automotive Steel Wheel Company Profiles
- Cape Verde Automotive Steel Wheel Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Cape Verde Automotive Steel Wheel Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cape Verde Automotive Steel Wheel Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Steel Wheel Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Steel Wheel Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Steel Wheel Market - Industry Life Cycle |
3.4 Cape Verde Automotive Steel Wheel Market - Porter's Five Forces |
3.5 Cape Verde Automotive Steel Wheel Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
3.6 Cape Verde Automotive Steel Wheel Market Revenues & Volume Share, By OEM, 2021 & 2031F |
3.7 Cape Verde Automotive Steel Wheel Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
4 Cape Verde Automotive Steel Wheel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for automobiles in Cape Verde |
4.2.2 Increasing investment in infrastructure projects leading to a rise in commercial vehicles |
4.2.3 Government initiatives promoting the automotive industry |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Competition from aluminum and alloy wheels |
4.3.3 Lack of skilled labor in the automotive manufacturing sector |
5 Cape Verde Automotive Steel Wheel Market Trends |
6 Cape Verde Automotive Steel Wheel Market, By Types |
6.1 Cape Verde Automotive Steel Wheel Market, By Rim Size |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By Rim Size, 2021- 2031F |
6.1.3 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By Less than 12 Inches, 2021- 2031F |
6.1.4 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By 12 Inches - 15 Inches, 2021- 2031F |
6.1.5 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By 16 Inches - 18 Inches, 2021- 2031F |
6.1.6 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By 19 Inches - 21 Inches, 2021- 2031F |
6.1.7 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By More than 21 Inches, 2021- 2031F |
6.2 Cape Verde Automotive Steel Wheel Market, By OEM |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2.3 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.3 Cape Verde Automotive Steel Wheel Market, By Aftermarket |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.3.3 Cape Verde Automotive Steel Wheel Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
7 Cape Verde Automotive Steel Wheel Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Steel Wheel Market Export to Major Countries |
7.2 Cape Verde Automotive Steel Wheel Market Imports from Major Countries |
8 Cape Verde Automotive Steel Wheel Market Key Performance Indicators |
8.1 Average capacity utilization rate of steel wheel manufacturing plants in Cape Verde |
8.2 Number of new vehicle registrations in Cape Verde |
8.3 Percentage of automotive steel wheel imports compared to total market demand |
9 Cape Verde Automotive Steel Wheel Market - Opportunity Assessment |
9.1 Cape Verde Automotive Steel Wheel Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
9.2 Cape Verde Automotive Steel Wheel Market Opportunity Assessment, By OEM, 2021 & 2031F |
9.3 Cape Verde Automotive Steel Wheel Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
10 Cape Verde Automotive Steel Wheel Market - Competitive Landscape |
10.1 Cape Verde Automotive Steel Wheel Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Steel Wheel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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