Key Market Indicators
Nicaragua is set to import nearly 30,000 kilograms of potash this year, a slight 0.1% increase from 2021. However, since 1998, the nation's demand for the mineral has decreased by 15% each year. Nicaragua ranked 94th in the world for potash consumption in 2021, with Bosnia and Herzegovina ahead of it by a small margin. Belgium, France, and Malaysia came in at 2nd, 3rd, and 4th respectively in the global ranking.