Key Market Indicators
Nicaragua's lighting exports are expected to reach around $40 million by 2026, up from $33 million in 2021. On average, this would represent a 3.5% year-on-year growth since 1999. Last year, Nicaragua ranked 102nd in the world for lighting exports, with Madagascar surpassing it at $32.6 million. Germany, the United States, and Italy were the top three exporters respectively. Nicaragua's lighting imports are expected to reach around $9.8 million by 2026, up from $7.8 million in 2021. This would equate to a 3.8% annual growth rate since 1998. In 2021, Nicaragua was 96th in the world for lighting imports, with Botswana ahead of it at $7.8 million. Germany, the United Kingdom, and France were the top three importers respectively.
