| Product Code: ETC5670851 | 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 |
The antifreeze/coolant import shipments to Cape Verde in 2024 continued to be dominated by key suppliers such as Portugal, Morocco, USA, Spain, and Puerto Rico. Despite a high concentration level indicated by the HHI measure, the market experienced a significant decline with a CAGR of -11.15% from 2020 to 2024. The growth rate further plummeted by -54.08% from 2023 to 2024, reflecting a challenging period for the industry in Cape Verde. Monitoring shifts in supply dynamics and consumer demand will be crucial for stakeholders in navigating this volatile market landscape.

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 Antifreeze/Coolant Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Antifreeze/Coolant Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Antifreeze/Coolant Market - Industry Life Cycle |
3.4 Cape Verde Antifreeze/Coolant Market - Porter's Five Forces |
3.5 Cape Verde Antifreeze/Coolant Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cape Verde Antifreeze/Coolant Market Revenues & Volume Share, By Base Fluid, 2021 & 2031F |
3.7 Cape Verde Antifreeze/Coolant Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Cape Verde Antifreeze/Coolant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Cape Verde |
4.2.2 Growth in automotive industry and aftermarket services |
4.2.3 Focus on vehicle maintenance and engine efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of awareness about the importance of using antifreeze/coolant |
4.3.3 Presence of counterfeit products in the market |
5 Cape Verde Antifreeze/Coolant Market Trends |
6 Cape Verde Antifreeze/Coolant Market Segmentations |
6.1 Cape Verde Antifreeze/Coolant Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.3 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 Cape Verde Antifreeze/Coolant Market, By Base Fluid |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By Ethylene Glycol, 2021-2031F |
6.2.3 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By Propylene Glycol , 2021-2031F |
6.2.4 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By Glycerine, 2021-2031F |
6.3 Cape Verde Antifreeze/Coolant Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By OAT, 2021-2031F |
6.3.3 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By HOAT, 2021-2031F |
6.3.4 Cape Verde Antifreeze/Coolant Market Revenues & Volume, By IAT, 2021-2031F |
7 Cape Verde Antifreeze/Coolant Market Import-Export Trade Statistics |
7.1 Cape Verde Antifreeze/Coolant Market Export to Major Countries |
7.2 Cape Verde Antifreeze/Coolant Market Imports from Major Countries |
8 Cape Verde Antifreeze/Coolant Market Key Performance Indicators |
8.1 Number of authorized service centers offering antifreeze/coolant services |
8.2 Percentage of vehicles using recommended antifreeze/coolant solutions |
8.3 Rate of adoption of environmentally friendly antifreeze/coolant products |
9 Cape Verde Antifreeze/Coolant Market - Opportunity Assessment |
9.1 Cape Verde Antifreeze/Coolant Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cape Verde Antifreeze/Coolant Market Opportunity Assessment, By Base Fluid, 2021 & 2031F |
9.3 Cape Verde Antifreeze/Coolant Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Cape Verde Antifreeze/Coolant Market - Competitive Landscape |
10.1 Cape Verde Antifreeze/Coolant Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Antifreeze/Coolant 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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