Key Market Indicators
Nicaraguan demand for compressors is set to drop 2.4% year on year on average between 2021 and 2026. This is significantly below the 5.7% year on year decrease seen since 1998. Meanwhile, Nicaragua's supply of compressors is expected to grow 0.1% year on year over the same period. This is an increase from the 21.7% year on year growth seen since 1998. Nicaragua was ranked 86th in 2021, behind Paraguay, Thailand, South Korea and Slovakia.
