Key Market Indicators
Nicaragua's imports of gas turbines are expected to drop to $65,110 by 2026, a 26.1% decrease from 2021's number of $339,110. Since 1998, Nicaragua's demand has plunged by 15.8% year-on-year. In 2021, the country was ranked 111th, with Mauritania coming in at number one with $339,110. The United Kingdom, France and Singapore were ranked second, third and fourth, respectively. Meanwhile, Nicaraguan exports of gas turbines fell to nearly $4,030 in 2018 from $62,450 in 2017, a 93.5% decline from 2017. Since 2005, Nicaragua's supply has plummeted by 62.8% year-on-year. In 2018, the country was ranked 107th, with Belize taking the top spot at $4,030. France, Singapore and Germany were ranked second, third and fourth, respectively.
