Key Market Indicators
Nicaragua is set to see its zinc imports increase to around $1.6 million by 2026, a 1.9% annual growth rate since 2021. In 1998, Nicaragua's demand for zinc surged 4.5% year-on-year, but it fell to 92nd in 2021, behind Senegal ($1.4 million). The United States, Germany and Belgium were ranked second, third and fourth, respectively. Meanwhile, the country's zinc exports are expected to reach $225,830 by 2026, a 1.8% annual growth rate since 2021. Nicaragua's supply of zinc decreased 12.7% year-on-year since 1998, dropping to 79th in 2021, behind Tanzania ($202,510). Belgium, Canada and Australia were ranked second, third and fourth, respectively.