Key Market Indicators
Nicaraguan Forestry Revenue is projected to expand significantly in the coming years. By 2028, the revenue is expected to reach approximately 106,000 hectares, up from around 81,000 hectares in 2023. This marks a compound annual growth rate (CAGR) of 4.2% year on year. Since 1995, Nicaragua's forestry supply has shown a robust increase, growing at an annual rate of 7.7%. This steady rise underscores the growing importance of the forestry sector in the country's economy. The consistent growth trajectory highlights Nicaragua's potential to capitalize further on its forestry resources, ensuring sustainable economic development in the sector.
