Key Market Indicators
Nicaragua's cement exports are expected to reach $1.6 million by 2026, up 2.9% from the 2021 figure of $1.3 million. The country has seen a 7% decrease in supply since 1998. Chile took the top spot in 2021 with exports worth $1.3 million, with Canada, Germany and the United Arab Emirates taking second, third and fourth place. Imports of cement into Nicaragua are anticipated to reach $63 million by 2026, up 2.3% from the 2021 total of $54 million. Since 1998, demand has risen by 1% year-on-year. Slovakia was the leading provider in 2021, while the Philippines, Sri Lanka and China came in second, third and fourth.