| Product Code: ETC6684091 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde`s off-the-road (OTR) tire import market in 2024 saw significant contributions from top exporting countries including Areas, nes, Portugal, China, France, and Germany. Despite a challenging CAGR of -9.42% from 2020-24 and a steep growth rate decline of -40.7% from 2023-24, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). This suggests that while there may have been fluctuations in growth rates, the market continues to be dominated by a few key players, highlighting potential strategic opportunities for both suppliers and importers in the Cape Verde OTR tire sector.

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 Off-the-Road (OTR) Tire Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Off-the-Road (OTR) Tire Market - Industry Life Cycle |
3.4 Cape Verde Off-the-Road (OTR) Tire Market - Porter's Five Forces |
3.5 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Tire Type, 2021 & 2031F |
3.7 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
4 Cape Verde Off-the-Road (OTR) Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in Cape Verde, leading to increased demand for off-the-road tires. |
4.2.2 Expansion of the mining industry in Cape Verde, driving the need for specialized off-the-road tires. |
4.2.3 Rise in agricultural activities and mechanization, boosting the requirement for off-the-road tires in farming operations. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on off-the-road tires, impacting the affordability and accessibility of these products in Cape Verde. |
4.3.2 Limited availability of skilled technicians and maintenance facilities for off-the-road tires, affecting the adoption and maintenance of such tires. |
5 Cape Verde Off-the-Road (OTR) Tire Market Trends |
6 Cape Verde Off-the-Road (OTR) Tire Market, By Types |
6.1 Cape Verde Off-the-Road (OTR) Tire Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Mining Vehicles, 2021- 2031F |
6.1.4 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Construction & Industrial Vehicles, 2021- 2031F |
6.1.5 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Agricultural Vehicles, 2021- 2031F |
6.1.6 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Off-the-Road (OTR) Tire Market, By Tire Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Radial Tire, 2021- 2031F |
6.2.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Bias Tire, 2021- 2031F |
6.3 Cape Verde Off-the-Road (OTR) Tire Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Replacement, 2021- 2031F |
6.4 Cape Verde Off-the-Road (OTR) Tire Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Offline, 2021- 2031F |
6.5 Cape Verde Off-the-Road (OTR) Tire Market, By Rim Size |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Below 24 inches, 2021- 2031F |
6.5.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 24-30 inches, 2021- 2031F |
6.5.4 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 31-35 inches, 2021- 2031F |
6.5.5 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 36-39 inches, 2021- 2031F |
6.5.6 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 40-50 inches, 2021- 2031F |
6.5.7 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 51-55 inches, 2021- 2031F |
7 Cape Verde Off-the-Road (OTR) Tire Market Import-Export Trade Statistics |
7.1 Cape Verde Off-the-Road (OTR) Tire Market Export to Major Countries |
7.2 Cape Verde Off-the-Road (OTR) Tire Market Imports from Major Countries |
8 Cape Verde Off-the-Road (OTR) Tire Market Key Performance Indicators |
8.1 Average utilization rate of off-the-road tires in construction, mining, and agriculture sectors in Cape Verde. |
8.2 Frequency of tire replacements and maintenance cycles for off-the-road tires in various industries. |
8.3 Rate of adoption of off-the-road tire technology and innovations by businesses in Cape Verde. |
9 Cape Verde Off-the-Road (OTR) Tire Market - Opportunity Assessment |
9.1 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Tire Type, 2021 & 2031F |
9.3 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
10 Cape Verde Off-the-Road (OTR) Tire Market - Competitive Landscape |
10.1 Cape Verde Off-the-Road (OTR) Tire Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Off-the-Road (OTR) Tire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |