| Product Code: ETC10934159 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Cape Verde continued to see a high concentration of used and new car imports, with the top countries exporting being the United States of America, Portugal, France, Netherlands, and Belgium. Despite a negative compound annual growth rate (CAGR) of -2.42% from 2020 to 2024, the market experienced a slight improvement with a growth rate of -0.43% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape for car imports 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 Used and New Cars Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Used and New Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Used and New Cars Market - Industry Life Cycle |
3.4 Cape Verde Used and New Cars Market - Porter's Five Forces |
3.5 Cape Verde Used and New Cars Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Cape Verde Used and New Cars Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Cape Verde Used and New Cars Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Cape Verde Used and New Cars Market Revenues & Volume Share, By Body Type, 2021 & 2031F |
3.9 Cape Verde Used and New Cars Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
4 Cape Verde Used and New Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among consumers in Cape Verde |
4.2.2 Growth in tourism industry leading to higher demand for rental cars |
4.2.3 Improving infrastructure and road network in Cape Verde |
4.3 Market Restraints |
4.3.1 High import taxes and tariffs on vehicles |
4.3.2 Limited availability of financing options for car purchases |
4.3.3 Lack of skilled labor for maintenance and repair services |
5 Cape Verde Used and New Cars Market Trends |
6 Cape Verde Used and New Cars Market, By Types |
6.1 Cape Verde Used and New Cars Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Used and New Cars Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Cape Verde Used and New Cars Market Revenues & Volume, By New Cars, 2021 - 2031F |
6.1.4 Cape Verde Used and New Cars Market Revenues & Volume, By Used Cars, 2021 - 2031F |
6.2 Cape Verde Used and New Cars Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Used and New Cars Market Revenues & Volume, By Online, 2021 - 2031F |
6.2.3 Cape Verde Used and New Cars Market Revenues & Volume, By Offline, 2021 - 2031F |
6.3 Cape Verde Used and New Cars Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Used and New Cars Market Revenues & Volume, By Petrol, 2021 - 2031F |
6.3.3 Cape Verde Used and New Cars Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.4 Cape Verde Used and New Cars Market, By Body Type |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Used and New Cars Market Revenues & Volume, By Sedan, 2021 - 2031F |
6.4.3 Cape Verde Used and New Cars Market Revenues & Volume, By SUV, 2021 - 2031F |
6.5 Cape Verde Used and New Cars Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Used and New Cars Market Revenues & Volume, By Budget, 2021 - 2031F |
6.5.3 Cape Verde Used and New Cars Market Revenues & Volume, By Premium, 2021 - 2031F |
7 Cape Verde Used and New Cars Market Import-Export Trade Statistics |
7.1 Cape Verde Used and New Cars Market Export to Major Countries |
7.2 Cape Verde Used and New Cars Market Imports from Major Countries |
8 Cape Verde Used and New Cars Market Key Performance Indicators |
8.1 Average age of cars in circulation in Cape Verde |
8.2 Number of new car registrations in Cape Verde |
8.3 Average price of used cars in the market |
8.4 Number of car rental companies operating in Cape Verde |
8.5 Frequency of road maintenance and infrastructure development projects in Cape Verde |
9 Cape Verde Used and New Cars Market - Opportunity Assessment |
9.1 Cape Verde Used and New Cars Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Cape Verde Used and New Cars Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Cape Verde Used and New Cars Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.4 Cape Verde Used and New Cars Market Opportunity Assessment, By Body Type, 2021 & 2031F |
9.5 Cape Verde Used and New Cars Market Opportunity Assessment, By Price Range, 2021 & 2031F |
10 Cape Verde Used and New Cars Market - Competitive Landscape |
10.1 Cape Verde Used and New Cars Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Used and New Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |