Key Market Indicators
Nicaraguan bus imports are expected to drop 6% by 2026, compared to 2021 figures. The demand for buses has been decreasing at an average rate of 14.8% per year since 1998. Exports of Nicaraguan buses are predicted to increase by an average of 4.5% year on year, reaching $636,600 by 2026. From 2001 to 2021, the supply of buses in Nicaragua rose 14.4% annually. Nicaragua was ranked 72nd in 2021, with exports valued at $480,310. China, Germany, and Poland took the 2nd, 3rd, and 4th spots respectively.