| Product Code: ETC5889902 | 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 |
Cape Verde`s automotive tires import market in 2024 saw a continued strong presence of top exporting countries such as China, Portugal, Spain, United Arab Emirates, and Areas, nes. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the market displayed significant growth with a CAGR of 12.69% from 2020 to 2024. The growth momentum continued in 2024 with a growth rate of 12.49% compared to the previous year, reflecting the sustained demand for automotive tires 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 Tires Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Tires Market - Industry Life Cycle |
3.4 Cape Verde Automotive Tires Market - Porter's Five Forces |
3.5 Cape Verde Automotive Tires Market Revenues & Volume Share, By Section Width, 2021 & 2031F |
3.6 Cape Verde Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Cape Verde Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Cape Verde Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.9 Cape Verde Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.10 Cape Verde Automotive Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.11 Cape Verde Automotive Tires Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
4 Cape Verde Automotive Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Cape Verde leading to higher demand for automotive tires |
4.2.2 Growth in the tourism industry boosting the transportation sector and subsequently the automotive tires market |
4.2.3 Improving road infrastructure and increasing construction activities driving the need for tires for commercial vehicles |
4.3 Market Restraints |
4.3.1 High import tariffs on automotive tires impacting the cost and availability of products in the market |
4.3.2 Limited manufacturing capabilities in Cape Verde leading to dependency on imports for automotive tires |
4.3.3 Fluctuations in raw material prices affecting the manufacturing costs of automotive tires |
5 Cape Verde Automotive Tires Market Trends |
6 Cape Verde Automotive Tires Market Segmentations |
6.1 Cape Verde Automotive Tires Market, By Section Width |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Tires Market Revenues & Volume, By |
6.1.3 Cape Verde Automotive Tires Market Revenues & Volume, By 200-230MM, 2021-2031F |
6.1.4 Cape Verde Automotive Tires Market Revenues & Volume, By >230MM, 2021-2031F |
6.2 Cape Verde Automotive Tires Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Tires Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Cape Verde Automotive Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2.4 Cape Verde Automotive Tires Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.3 Cape Verde Automotive Tires Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Tires Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Cape Verde Automotive Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.3.4 Cape Verde Automotive Tires Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.4 Cape Verde Automotive Tires Market, By Aspect Ratio |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Automotive Tires Market Revenues & Volume, By |
6.4.3 Cape Verde Automotive Tires Market Revenues & Volume, By 60-70, 2021-2031F |
6.4.4 Cape Verde Automotive Tires Market Revenues & Volume, By >70, 2021-2031F |
6.5 Cape Verde Automotive Tires Market, By Aspect Ratio |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Automotive Tires Market Revenues & Volume, By |
6.5.3 Cape Verde Automotive Tires Market Revenues & Volume, By 60-70, 2021-2031F |
6.5.4 Cape Verde Automotive Tires Market Revenues & Volume, By >70, 2021-2031F |
6.6 Cape Verde Automotive Tires Market, By Type |
6.6.1 Overview and Analysis |
6.6.2 Cape Verde Automotive Tires Market Revenues & Volume, By Radial, 2021-2031F |
6.6.3 Cape Verde Automotive Tires Market Revenues & Volume, By Bias, 2021-2031F |
6.7 Cape Verde Automotive Tires Market, By Rim Size |
6.7.1 Overview and Analysis |
6.7.2 Cape Verde Automotive Tires Market Revenues & Volume, By 13"-15? ?, 2021-2031F |
6.7.3 Cape Verde Automotive Tires Market Revenues & Volume, By 16"-18? ?, 2021-2031F |
6.7.4 Cape Verde Automotive Tires Market Revenues & Volume, By >21", 2021-2031F |
6.7.5 Cape Verde Automotive Tires Market Revenues & Volume, By >21", 2021-2031F |
6.8 Cape Verde Automotive Tires Market, By Season |
6.8.1 Overview and Analysis |
6.8.2 Cape Verde Automotive Tires Market Revenues & Volume, By Summer, 2021-2031F |
6.8.3 Cape Verde Automotive Tires Market Revenues & Volume, By Winter, 2021-2031F |
6.8.4 Cape Verde Automotive Tires Market Revenues & Volume, By , 2021-2031F |
7 Cape Verde Automotive Tires Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Tires Market Export to Major Countries |
7.2 Cape Verde Automotive Tires Market Imports from Major Countries |
8 Cape Verde Automotive Tires Market Key Performance Indicators |
8.1 Average tire lifespan in Cape Verde |
8.2 Adoption rate of eco-friendly tires in the market |
8.3 Number of tire retreading services available in Cape Verde |
9 Cape Verde Automotive Tires Market - Opportunity Assessment |
9.1 Cape Verde Automotive Tires Market Opportunity Assessment, By Section Width, 2021 & 2031F |
9.2 Cape Verde Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Cape Verde Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Cape Verde Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
9.5 Cape Verde Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
9.6 Cape Verde Automotive Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.7 Cape Verde Automotive Tires Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
9.7 Cape Verde Automotive Tires Market Opportunity Assessment, By Season, 2021 & 2031F |
10 Cape Verde Automotive Tires Market - Competitive Landscape |
10.1 Cape Verde Automotive Tires Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Tires 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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