| Product Code: ETC5183026 | 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 |
In 2024, Cape Verde continued to rely heavily on imports of engine blocks, with top exporters being Portugal, China, Turkey, Senegal, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 8.53% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -5.68%. This data suggests a stable demand for engine blocks in Cape Verde, with key countries maintaining their position as leading suppliers in the market.

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 Engine Blocks Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Engine Blocks Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Engine Blocks Market - Industry Life Cycle |
3.4 Cape Verde Engine Blocks Market - Porter's Five Forces |
3.5 Cape Verde Engine Blocks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Engine Blocks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Engine Blocks 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 construction industry leading to higher demand for machinery and equipment |
4.2.3 Government initiatives to promote manufacturing and industrial development in Cape Verde |
4.3 Market Restraints |
4.3.1 High import dependency for engine blocks in Cape Verde |
4.3.2 Limited access to advanced technology and machinery |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Cape Verde Engine Blocks Market Trends |
6 Cape Verde Engine Blocks Market Segmentations |
6.1 Cape Verde Engine Blocks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Engine Blocks Market Revenues & Volume, By V Engine, 2021-2031F |
6.1.3 Cape Verde Engine Blocks Market Revenues & Volume, By Inline Engine, 2021-2031F |
6.1.4 Cape Verde Engine Blocks Market Revenues & Volume, By Boxer Engine, 2021-2031F |
6.2 Cape Verde Engine Blocks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Engine Blocks Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
6.2.3 Cape Verde Engine Blocks Market Revenues & Volume, By Trucks, 2021-2031F |
6.2.4 Cape Verde Engine Blocks Market Revenues & Volume, By Racing Cars, 2021-2031F |
6.2.5 Cape Verde Engine Blocks Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Engine Blocks Market Import-Export Trade Statistics |
7.1 Cape Verde Engine Blocks Market Export to Major Countries |
7.2 Cape Verde Engine Blocks Market Imports from Major Countries |
8 Cape Verde Engine Blocks Market Key Performance Indicators |
8.1 Average production efficiency of engine blocks |
8.2 Rate of adoption of sustainable manufacturing practices |
8.3 Percentage of local sourcing of raw materials |
9 Cape Verde Engine Blocks Market - Opportunity Assessment |
9.1 Cape Verde Engine Blocks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Engine Blocks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Engine Blocks Market - Competitive Landscape |
10.1 Cape Verde Engine Blocks Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Engine Blocks 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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