Market research

Capsicum and pimenta fruits market in Nicaragua

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market volume for fresh capsicum and pimenta fruits in Nicaragua expanded consistently from 2018 to 2022, growing from 19 479 t to 22 405 t. This rise was underpinned by a steady increase in domestic production, which reached 22 737 t in 2022.

In 2022, well-supplied national markets with stable prices and availability of vegetables created favorable conditions for the supply of fresh peppers, contributing to that year's market growth. The market volume then moderated to 21 779 t in 2023.

In 2024, the government implemented the National Production, Consumption and Trade Plan 2024-2025 and enhanced technical support through the National System to improve agricultural productivity, specifically targeting horticultural crops like chili peppers grown in greenhouses.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Nicaragua
  1. 5.1.1. Annual dynamics of production in Nicaragua in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Nicaragua in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production capsicum and pimenta fruits in Nicaragua

In kind, 2017-2020, t

Top producers of capsicum and pimenta fruits, 2017-2020

Source: SHEV.io

World map of production of capsicum and pimenta fruits, 2017-2020

Source: SHEV.io

Nicaragua's production of capsicum and pimenta fruits has increased for the third consecutive year. In 2020, the country produced 21 099 tonnes, marking a 3.6% rise compared to the previous year. Over the period from 2017 to 2020, production grew by 9.6%, with an average annual growth rate of 3.1%.

Annual dynamics of production in Nicaragua in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	0.6%	3.6%	3.1%

Source: SHEV.io

In value, 2017-2020, K $ US

The value of capsicum and pimenta fruits production in Nicaragua has risen for the third year in a row. In 2020, output was valued at 35 639 thousand US dollars, representing a 5.0% year-on-year increase. From 2017 to 2020, production value surged by 33.5%, with a compound annual growth rate of 10.1%.

Annual dynamics of production in Nicaragua in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	15.3%	10.3%	5.0%	10.1%

Source: SHEV.io

Exports capsicum and pimenta fruits from Nicaragua

Exports in kind, t

The market displayed an unstable trend during this period. Exports reached their lowest point in 2019 at 322.5 tonnes and peaked in 2018 at 843.7 tonnes, showing a 2.6-fold difference. In 2020, shipments from Nicaragua abroad amounted to 353.1 tonnes, reflecting a gradual increase of 9.5% compared to the previous year. The largest decline occurred in 2019, with a drop of 61.8%, while the largest increase was recorded in 2018, at 125.3%.

Annual dynamics of product's exports from Nicaragua in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	125.3%	(61.8%)	9.5%	(1.9%)

Source: SHEV.io

From 2017 to 2020, the United States was the primary destination for exports in kind, accounting for 81.4% of total flows, with a diverse range of other markets making up the remainder.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Nicaragua in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The data indicates irregular changes, pointing to a volatile market environment. Exports hit their lowest point in 2017 and peaked in 2018, fluctuating by 2.5 times. In 2020, capsicum and pimenta fruits exports from Nicaragua totaled 596 thousand US dollars, showing an improvement of 10.9% from the year before. The maximum value was recorded in 2018 at 1 284 thousand US dollars. The largest decline occurred in 2019, with a decrease of 58.1%, while the largest increase was in 2018, at 147.2%.

Annual dynamics of product's exports from Nicaragua in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	147.2%	(58.1%)	10.9%	4.7%

Source: SHEV.io

During 2017–2020, exports in value terms of capsicum and pimenta fruits from Nicaragua were highly concentrated on the United States, which represented 94.8% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Nicaragua in value, 2017-2020

Source: SHEV.io

Imports capsicum and pimenta fruits to Nicaragua

Imports in kind, t

The market exhibited volatility over the observed period. Imports reached their lowest point in 2020 at 36.1 tonnes and peaked in 2017, with a 6-fold gap between these years. In 2020, the volume of capsicum and pimenta fruits imports into Nicaragua saw an abrupt fall of 69.2% compared to the previous year. The largest increase was recorded in 2019, at 29.3%.

Annual dynamics of product's imports to Nicaragua in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(58.1%)	29.3%	(69.2%)	(45.0%)

Source: SHEV.io

Throughout 2017–2020, Guatemala remained the dominant and nearly sole source for imports in kind of capsicum and pimenta fruits to Nicaragua, holding a share of 92.0%.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Nicaragua in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Nicaragua imported approximately 115 thousand US dollars of capsicum and pimenta fruits, corresponding to a decline of 60.1% compared to 2019. Over the period from 2017 to 2020, imports decreased by 61%, with a compound annual growth rate of 26.9%. The largest increase was recorded in 2019, at 31.4%.

Annual dynamics of product's imports to Nicaragua in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.7%)	31.4%	(60.1%)	(26.9%)

Source: SHEV.io

From 2017 to 2020, capsicum and pimenta fruits imports to Nicaragua were primarily sourced from Guatemala, which absorbed 97.8% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Nicaragua in value, 2017-2020

Source: SHEV.io