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Nicaragua Wool Industry Outlook 2022 - 2026

See how Nicaragua Wool performed compared to key markets such as China, Italy and Germany.

Key Market Indicators

In 2021 Nicaragua was ranked number 109, with Luxembourg ahead at $1. Italy, Germany, and the UK were numbers 2, 3 and 4 in this ranking. Nicaragua's wool imports are projected to reach $93,640 by 2026. This is a 0.4% year-on-year decrease from 2021's figure of $96,020. Since 1998, the country has seen a 17.5% drop in demand annually. In 2021, Nicaragua was ranked 106th, with Luxembourg ahead at $96,020. Italy, Germany and the UK followed as numbers 2, 3 and 4 respectively. Meanwhile, Nicaragua's wool exports plunged 99.8% from $434 in 2016 to just $1 in 2017. In 2021, the country was 109th in the rankings, with Luxembourg again in the lead at $1. Italy, Germany and the UK were ranked 2nd, 3rd and 4th respectively.

Nicaragua Wool Market Data and Forecasts

How much will Nicaragua Wool Market grow to 2026?

Forecast: Import of Yarn of Combed Wool to Nicaragua
Forecast: Import of Yarn of Carded Wool to Nicaragua
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