Key Market Indicators
Nicaragua's glass fiber imports are expected to reach 318,640 kilograms by 2026, growing at an average rate of 1.9% year-over-year. Since 1998, the country's demand has risen by 3.1% annually. Exports of glass fiber from Nicaragua are forecasted to reach 104,800 kilograms by 2026, registering a compound annual growth rate of 5% from 2021. Since 2004, Nicaraguan supply has increased by 99% annually. Nicaragua came in 53rd place in 2021, with El Salvador coming in ahead with 77,850 kilograms. Belgium, Germany and Saudi Arabia came in second, third and fourth respectively.
