| Product Code: ETC5085404 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in the growth rate of commercial vehicle imports to Cape Verde in 2024, the market remained highly concentrated with top exporters including Portugal, China, Netherlands, Belgium, and France. The negative CAGR from 2020 to 2024 indicates a challenging period for the industry, with a further decrease in growth rate from 2023 to 2024. This suggests a need for strategic planning and market diversification to stabilize the commercial vehicle import market 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 Commercial vehicles Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Commercial vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Commercial vehicles Market - Industry Life Cycle |
3.4 Cape Verde Commercial vehicles Market - Porter's Five Forces |
3.5 Cape Verde Commercial vehicles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Commercial vehicles Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Cape Verde Commercial vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in infrastructure development projects in Cape Verde |
4.2.2 Growth in tourism industry leading to higher demand for commercial vehicles |
4.2.3 Government initiatives to improve transportation and logistics sector |
4.3 Market Restraints |
4.3.1 High import duties and taxes on commercial vehicles |
4.3.2 Limited availability of financing options for purchasing commercial vehicles |
5 Cape Verde Commercial vehicles Market Trends |
6 Cape Verde Commercial vehicles Market Segmentations |
6.1 Cape Verde Commercial vehicles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Commercial vehicles Market Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021-2031F |
6.1.3 Cape Verde Commercial vehicles Market Revenues & Volume, By Heavy Trucks, 2021-2031F |
6.1.4 Cape Verde Commercial vehicles Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.2 Cape Verde Commercial vehicles Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Commercial vehicles Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Cape Verde Commercial vehicles Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.4 Cape Verde Commercial vehicles Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.5 Cape Verde Commercial vehicles Market Revenues & Volume, By Passenger Transportation, 2021-2031F |
6.2.6 Cape Verde Commercial vehicles Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Commercial vehicles Market Import-Export Trade Statistics |
7.1 Cape Verde Commercial vehicles Market Export to Major Countries |
7.2 Cape Verde Commercial vehicles Market Imports from Major Countries |
8 Cape Verde Commercial vehicles Market Key Performance Indicators |
8.1 Average age of commercial vehicle fleet in Cape Verde |
8.2 Number of new registrations of commercial vehicles |
8.3 Growth rate of the transportation and logistics sector |
9 Cape Verde Commercial vehicles Market - Opportunity Assessment |
9.1 Cape Verde Commercial vehicles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Commercial vehicles Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Cape Verde Commercial vehicles Market - Competitive Landscape |
10.1 Cape Verde Commercial vehicles Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Commercial vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |