The Dentifrices market in Nicaragua showed steady growth over most of the past decade, increasing from $3.3 USD per capita in 2013 to $4.3 in 2023. Notable year-on-year increases occurred except in 2020, which saw a decline amidst broader economic disruptions. Recovery was observed in 2021 with a 6.92% increase, followed by a 1.44% rise in 2023. Over the last five years, the market saw a CAGR of approximately 1.63% indicating moderate growth.
Future trends to watch include increased consumer awareness towards oral health, innovations in dental care products, and economic factors impacting consumer purchasing power which could affect market dynamics.
| # | 53 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 21.28 | 2023 | View data | ||
| 2 | 2 New Zealand | 20.94 | 2023 | View data | ||
| 3 | 3 Australia | 20.28 | 2023 | View data | ||
| 4 | 4 Israel | 20.03 | 2023 | View data | ||
| 5 | 5 Latvia | 19.29 | 2023 | View data | ||
| 40 | 40 Colombia | 4.5 | 2023 | View data | ||
| 41 | 41 Moldova | 4.31 | 2023 | View data | ||
| 42 | 42 Nicaragua | 4.3 | 2023 | |||
| 43 | 43 Philippines | 4.22 | 2023 | View data | ||
| 44 | 44 Kazakhstan | 4.1 | 2023 | View data | ||