| Product Code: ETC5780975 | 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 engine import market in 2024 saw significant contributions from top exporting countries like China, Portugal, USA, Netherlands, and Italy. Despite a high concentration indicated by the HHI, the market experienced impressive growth with a CAGR of 22.92% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -59.05%. This data suggests a dynamic market landscape with potential shifts in trade patterns and opportunities for stakeholders to monitor closely.

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 Engines Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Engines Market - Industry Life Cycle |
3.4 Cape Verde Engines Market - Porter's Five Forces |
3.5 Cape Verde Engines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Engines Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
4 Cape Verde Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient engines in Cape Verde due to increasing focus on sustainability and environmental regulations. |
4.2.2 Expansion of infrastructure projects in Cape Verde leading to higher demand for engines for construction equipment and power generation. |
4.2.3 Rise in tourism industry in Cape Verde driving demand for engines for marine vessels and tourism-related activities. |
4.3 Market Restraints |
4.3.1 High import costs and duties on engines in Cape Verde affecting affordability and competitiveness. |
4.3.2 Limited availability of skilled labor and technical expertise for engine maintenance and repair in the country. |
5 Cape Verde Engines Market Trends |
6 Cape Verde Engines Market Segmentations |
6.1 Cape Verde Engines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Engines Market Revenues & Volume, By Power Generation (Emergency & Standby, Prime Power, Peak Shaving), 2021-2031F |
6.1.3 Cape Verde Engines Market Revenues & Volume, By Marine ? (Recreational and Commercial), 2021-2031F |
6.2 Cape Verde Engines Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Engines Market Revenues & Volume, By 0-60 HP, 2021-2031F |
6.2.3 Cape Verde Engines Market Revenues & Volume, By 61-100 HP, 2021-2031F |
6.2.4 Cape Verde Engines Market Revenues & Volume, By 101-300 HP, 2021-2031F |
6.2.5 Cape Verde Engines Market Revenues & Volume, By 301-500 HP, 2021-2031F |
6.2.6 Cape Verde Engines Market Revenues & Volume, By 501-700 HP, 2021-2031F |
6.2.7 Cape Verde Engines Market Revenues & Volume, By above 700 HP, 2021-2031F |
7 Cape Verde Engines Market Import-Export Trade Statistics |
7.1 Cape Verde Engines Market Export to Major Countries |
7.2 Cape Verde Engines Market Imports from Major Countries |
8 Cape Verde Engines Market Key Performance Indicators |
8.1 Average engine efficiency improvement rate in Cape Verde over time. |
8.2 Number of new infrastructure projects initiated using engines in Cape Verde. |
8.3 Percentage increase in the use of energy-efficient engines in the tourism sector in Cape Verde. |
9 Cape Verde Engines Market - Opportunity Assessment |
9.1 Cape Verde Engines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Engines Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
10 Cape Verde Engines Market - Competitive Landscape |
10.1 Cape Verde Engines Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Engines 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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