Key Market Indicators
Nicaragua is ranked number 31 in 2021, Guatemala overtook at 5,628,100 Kilograms. The United States, Mexico and Canada respectively ranked numbers 2, 3 and 4 in this ranking. Sales of shampoo are expected to reach $56 million by 2026, up from $51 million in 2020. This growth of 1.6% year-on-year is slightly higher than the market average of 0.8% year-on-year. Japan, the United Kingdom and France ranked second, third and fourth in this ranking, respectively. Nicaraguan shampoo exports are projected to reach 162,000 kilograms by 2026, up from 125,000 kilograms in 2021. This growth of 4.3% year-on-year is significantly higher than the growth since 1999 of 41%. Nicaragua ranked 75th in 2021, with Palestine overtaking at 125,000 kilograms. Germany, Italy and Poland ranked second, third and fourth in this ranking, respectively. Nicaraguan shampoo imports are set to reach 6.1 million kilograms by 2026, up from 5.6 million kilograms in 2021. This growth of 1.5% year-on-year is slightly higher than the growth since 1998 of 1.6%. Nicaragua ranked 31st in 2021, with Guatemala overtaking at 5.6 million kilograms. The United States, Mexico and Canada ranked second, third and fourth in this ranking, respectively.
