| Product Code: ETC6690949 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The utility trucks import market in Cape Verde experienced a shift in concentration levels from moderate to very high in 2024, with top exporting countries being Portugal, China, Belgium, Netherlands, and France. Despite a negative CAGR of -1.36% from 2020 to 2024 and a further decline in growth rate by -2.98% in 2024, the significant presence of key exporting nations indicates steady supply and potential market competitiveness in the industry. It will be crucial for stakeholders to monitor market trends closely and adapt strategies to navigate the evolving landscape effectively.

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 Utility Trucks Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Utility Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Utility Trucks Market - Industry Life Cycle |
3.4 Cape Verde Utility Trucks Market - Porter's Five Forces |
3.5 Cape Verde Utility Trucks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Utility Trucks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Utility Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for utility trucks due to infrastructure development projects in Cape Verde |
4.2.2 Government initiatives to improve transportation and logistics infrastructure in the country |
4.2.3 Growing urbanization and construction activities leading to higher demand for utility trucks |
4.3 Market Restraints |
4.3.1 High import duties and taxes on utility trucks leading to increased costs |
4.3.2 Limited availability of financing options for purchasing utility trucks in Cape Verde |
4.3.3 Lack of skilled technicians and maintenance facilities for utility trucks in the country |
5 Cape Verde Utility Trucks Market Trends |
6 Cape Verde Utility Trucks Market, By Types |
6.1 Cape Verde Utility Trucks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Utility Trucks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Utility Trucks Market Revenues & Volume, By Garbage, 2021- 2031F |
6.1.4 Cape Verde Utility Trucks Market Revenues & Volume, By Fire, 2021- 2031F |
6.1.5 Cape Verde Utility Trucks Market Revenues & Volume, By Dump, 2021- 2031F |
6.1.6 Cape Verde Utility Trucks Market Revenues & Volume, By Sweeper, 2021- 2031F |
6.2 Cape Verde Utility Trucks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Utility Trucks Market Revenues & Volume, By ICE (Diesel, 2021- 2031F |
6.2.3 Cape Verde Utility Trucks Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.2.4 Cape Verde Utility Trucks Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2.5 Cape Verde Utility Trucks Market Revenues & Volume, By CNG), 2021- 2031F |
6.2.6 Cape Verde Utility Trucks Market Revenues & Volume, By Electric, 2021- 2031F |
7 Cape Verde Utility Trucks Market Import-Export Trade Statistics |
7.1 Cape Verde Utility Trucks Market Export to Major Countries |
7.2 Cape Verde Utility Trucks Market Imports from Major Countries |
8 Cape Verde Utility Trucks Market Key Performance Indicators |
8.1 Average age of utility trucks in Cape Verde |
8.2 Number of utility truck registrations in the country |
8.3 Frequency of maintenance and repair services for utility trucks in Cape Verde |
9 Cape Verde Utility Trucks Market - Opportunity Assessment |
9.1 Cape Verde Utility Trucks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Utility Trucks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Utility Trucks Market - Competitive Landscape |
10.1 Cape Verde Utility Trucks Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Utility Trucks 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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