Key Market Indicators
Cabo Verde's import of DC motors is projected to decline in the coming years. According to recent data, the import value is expected to drop to approximately $20,300 by 2028, down from $21,300 in 2023. This represents an average annual decrease of 0.7%. Despite this projected decline, Cabo Verde has seen an overall increase in demand for DC motors over the past two decades. Since 2002, the country's demand for these motors has risen by an average of 1.5% each year.
