Key Market Indicators
Nicaragua's fungicide import is predicted to reach 3.1 million kilograms by 2026, with a growth rate of 2.2% year on year from 2021's 2.7 million kilograms. Since 1998, the demand has gone up by 5.3% each year. In 2021, Nicaragua was ranked 61st, with Israel being the top importer with 2.7 million kilograms. France, Tanzania and Germany were ranked 2nd, 3rd and 4th respectively. Exports are expected to reach 47,370 kilograms in 2026, with a growth rate of 2% year on year from 2021's 41,800 kilograms. Since 1998, the supply has increased by 46.5% each year. In 2021, Nicaragua was 68th in the global ranking, with the United Arab Emirates taking the top spot at 41,800 kilograms. France, Germany and China were respectively ranked 2nd, 3rd and 4th.