Key Market Indicators
Exports of Nicaraguan roofing material are expected to decrease by 9.5% year-on-year on average, reaching 1.4 million kilograms by 2026. This would be a decrease of 8% since 1998. In 2021, Nicaragua ranked 34th in terms of roofing exports, with Romania overtaking it with 2.5 million kilograms. France, Hungary and Spain followed in second, third and fourth place respectively. Meanwhile, imports of Nicaraguan roofing material are set to reach 475 thousand kilograms by 2026, growing at a year-on-year CAGR of 0.7%. This would be a decrease of 5% since 1998. In 2021, Nicaragua ranked 95th in terms of roofing imports, with the Ivory Coast overtaking them at 449 thousand kilograms. The United Kingdom, Romania and Bulgaria followed in second, third and fourth place respectively.
