Key Market Indicators
Nicaragua is projected to see slight growth in glass imports and exports over the next five years. Imports are expected to rise 1.3% annually on average, from $25.2 million in 2021 to $27.2 million in 2026. Exports are forecast to increase 2.8% per year on average, from $1.5 million in 2021 to $1.8 million in 2026. In 2021, Nicaragua ranked 103rd in the world for glass imports - $25.2 million - behind Uganda and ahead of Liechtenstein. China, Germany, and France were the top three importers at the time. Nicaragua ranked 94th in the world for glass exports - $1.5 million - behind Rwanda and ahead of Colombia. Germany, the United States, and France were the top three exporters in 2021. Since 1998, Nicaragua's glass import and export demand have both seen a 1.3% decrease year on year.
