| Product Code: ETC5378137 | 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 |
Motorcycle import shipments to Cape Verde in 2024 continued to showcase a high concentration of top exporting countries, with the United States of America, Portugal, Spain, France, and the Netherlands leading the way. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 7.6%. The high Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape, suggesting ongoing opportunities for market players to capitalize on the demand for motorcycles in Cape Verde.

By 2027, the Motorcycle market in Cabo Verde is anticipated to reach a growth rate of 9.71%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Motorcycle Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Motorcycle Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Motorcycle Market - Industry Life Cycle |
3.4 Cape Verde Motorcycle Market - Porter's Five Forces |
3.5 Cape Verde Motorcycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Motorcycle Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 Cape Verde Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for affordable transportation options in Cape Verde |
4.2.2 Growth in urbanization leading to higher traffic congestion and need for efficient mobility solutions |
4.2.3 Rising disposable income levels among the population |
4.3 Market Restraints |
4.3.1 Lack of proper infrastructure and road conditions in Cape Verde |
4.3.2 High import duties and taxes on motorcycles, making them less affordable for consumers |
4.3.3 Limited availability of financing options for purchasing motorcycles |
5 Cape Verde Motorcycle Market Trends |
6 Cape Verde Motorcycle Market Segmentations |
6.1 Cape Verde Motorcycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Motorcycle Market Revenues & Volume, By Adventure, 2021-2031F |
6.1.3 Cape Verde Motorcycle Market Revenues & Volume, By Cruiser, 2021-2031F |
6.1.4 Cape Verde Motorcycle Market Revenues & Volume, By Mopeds, 2021-2031F |
6.1.5 Cape Verde Motorcycle Market Revenues & Volume, By Sports, 2021-2031F |
6.1.6 Cape Verde Motorcycle Market Revenues & Volume, By Standard, 2021-2031F |
6.1.7 Cape Verde Motorcycle Market Revenues & Volume, By Touring, 2021-2031F |
6.2 Cape Verde Motorcycle Market, By Engine Capacity |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Motorcycle Market Revenues & Volume, By 151-300 CC, 2021-2031F |
6.2.3 Cape Verde Motorcycle Market Revenues & Volume, By 301-500 CC, 2021-2031F |
6.2.4 Cape Verde Motorcycle Market Revenues & Volume, By 501-800 CC, 2021-2031F |
6.2.5 Cape Verde Motorcycle Market Revenues & Volume, By 801-1000 CC, 2021-2031F |
6.2.6 Cape Verde Motorcycle Market Revenues & Volume, By 1001-1600 CC, 2021-2031F |
6.2.7 Cape Verde Motorcycle Market Revenues & Volume, By Above 1600 CC, 2021-2031F |
7 Cape Verde Motorcycle Market Import-Export Trade Statistics |
7.1 Cape Verde Motorcycle Market Export to Major Countries |
7.2 Cape Verde Motorcycle Market Imports from Major Countries |
8 Cape Verde Motorcycle Market Key Performance Indicators |
8.1 Average daily commute time in urban areas |
8.2 Percentage of population with access to motorcycles as a mode of transportation |
8.3 Number of motorcycle registrations per year |
8.4 Average household income levels in Cape Verde |
8.5 Percentage of motorcycle sales compared to total vehicle sales |
9 Cape Verde Motorcycle Market - Opportunity Assessment |
9.1 Cape Verde Motorcycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Motorcycle Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 Cape Verde Motorcycle Market - Competitive Landscape |
10.1 Cape Verde Motorcycle Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |