| Product Code: ETC5376275 | 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 |
Despite a declining CAGR from 2020-24 and a slight negative growth rate in 2023-24, Cape Verde continues to see a high concentration of used car imports from top exporters including the United States of America, Portugal, France, Netherlands, and Belgium. The sustained presence of these key countries highlights the competitive market landscape and the demand for imported vehicles in Cape Verde. The high HHI in 2024 suggests that these top countries are maintaining their stronghold in the market, indicating a consistent flow of used cars into the country.

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 Car Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Used Car Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Used Car Market - Industry Life Cycle |
3.4 Cape Verde Used Car Market - Porter's Five Forces |
3.5 Cape Verde Used Car Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Cape Verde Used Car Market Revenues & Volume Share, By Vendor, 2021 & 2031F |
3.7 Cape Verde Used Car Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Cape Verde Used Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in disposable income of consumers in Cape Verde |
4.2.2 Growth in tourism industry leading to higher demand for rental cars |
4.2.3 Limited public transportation infrastructure leading to higher reliance on personal vehicles |
4.3 Market Restraints |
4.3.1 High import taxes and tariffs on used cars |
4.3.2 Limited availability of financing options for purchasing used cars |
5 Cape Verde Used Car Market Trends |
6 Cape Verde Used Car Market Segmentations |
6.1 Cape Verde Used Car Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Used Car Market Revenues & Volume, By Hatchbacks, 2021-2031F |
6.1.3 Cape Verde Used Car Market Revenues & Volume, By Sedan, 2021-2031F |
6.1.4 Cape Verde Used Car Market Revenues & Volume, By Sports Utility Vehicle, 2021-2031F |
6.1.5 Cape Verde Used Car Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Used Car Market, By Vendor |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Used Car Market Revenues & Volume, By Organized, 2021-2031F |
6.2.3 Cape Verde Used Car Market Revenues & Volume, By Unorganized, 2021-2031F |
6.3 Cape Verde Used Car Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Used Car Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Cape Verde Used Car Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.4 Cape Verde Used Car Market Revenues & Volume, By Alternative Fuel Vehicles, 2021-2031F |
7 Cape Verde Used Car Market Import-Export Trade Statistics |
7.1 Cape Verde Used Car Market Export to Major Countries |
7.2 Cape Verde Used Car Market Imports from Major Countries |
8 Cape Verde Used Car Market Key Performance Indicators |
8.1 Average age of cars in circulation in Cape Verde |
8.2 Number of registered used car dealerships in Cape Verde |
8.3 Percentage of used car sales compared to new car sales in Cape Verde |
9 Cape Verde Used Car Market - Opportunity Assessment |
9.1 Cape Verde Used Car Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Cape Verde Used Car Market Opportunity Assessment, By Vendor, 2021 & 2031F |
9.3 Cape Verde Used Car Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Cape Verde Used Car Market - Competitive Landscape |
10.1 Cape Verde Used Car Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Used Car Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |