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Nicaragua Commercial Vehicle Industry Outlook 2019

See how Nicaragua Commercial Vehicle performed compared to key markets.

Key Market Indicators

Nicaragua's commercial vehicle registration saw a sharp decline in 2019, totaling just 300 units. This represents an 86.5% drop from the 2,240 units registered in 2018. The downward trend extends beyond just one year. Since 2010, the Nicaraguan market for commercial vehicles has contracted by nearly 41% annually. This significant decrease underscores ongoing challenges in the sector.

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Nicaragua Commercial Vehicle Market Data and Forecasts

How much will Nicaragua Commercial Vehicle Market grow?

Forecast: Import of Trucks to Nicaragua
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