Key Market Indicators
Nicaragua’s import of metal products is projected to hit nearly $40 million by 2028, rising from approximately $36 million in 2023. This reflects an average annual growth rate of 1.8%. The country has seen a consistent increase in demand for metal products, with an average annual growth of 3.8% since 1998. Conversely, Nicaraguan exports of metal products are expected to decline. By 2028, exports are forecasted to drop to about $148,000, down from around $178,000 in 2023. This represents an average annual decrease of 2.9%, consistent with a similar yearly decline observed since 1998.
