Key Market Indicators
Nicaraguan demand for bioenergy is set to reach 24.35 million metric tons by 2026. This is 1.4% higher than the 22.65 million metric tons seen in 2021. Since 1975, the demand for bioenergy in Nicaragua has grown at an average rate of 2.9% year on year. In 2021, Nicaragua was ranked 100th in the world in terms of bioenergy consumption. Greece was the highest ranked country at 22.65 million metric tons. India, Brazil and the United States ranked second, third and fourth respectively.
