Earlier Report Observations
Nicaragua's carrot and turnip market volume grew from 19 955 tons in 2018 to 24 011 tons in 2020. This increase was supported by the government's Production, Consumption and Trade Plan, which aimed to expand carrot cultivation, and the Fiscal Equity Law that improved the investment climate for agriculture.
The market volume then showed variability, dipping to 22 974 tons in 2021 before reaching a peak of 25 495 tons in 2022. In 2023, volume declined to 22 402 tons.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Nicaragua
- 5.1.1. Annual dynamics of production in Nicaragua in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Nicaragua in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Nicaragua
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production carrots and turnips in Nicaragua
In kind, 2017-2020, t
Top producers of carrots and turnips, 2017-2020
World map of production of carrots and turnips, 2017-2020
Nicaragua's production of carrots and turnips has grown for the third year in a row. In 2020, the country produced 22 910 tonnes, which represents a 17.1% increase compared to the previous year. Looking at the period from 2017 to 2020, production rose by 63.7%, averaging an annual growth rate of 17.9%.
Annual dynamics of production in Nicaragua in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 33.4% | 4.8% | 17.1% | 17.9% |
Exports carrots and turnips from Nicaragua
Exports in kind, t
In 2018, Nicaragua exported 0.0 tonnes of carrots and turnips, showing a significant year-on-year increase of 18.2%.
Annual dynamics of product's exports from Nicaragua in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.2% | n/a | n/a | - |
From 2017 to 2020, the United States and Russia were the primary export destinations, together accounting for 100.0% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Nicaragua in kind, 2017-2020
Exports in value, K $ US
In 2018, the value of Nicaragua's carrot and turnip exports was 0.0 thousand US dollars, reflecting a sharp year-on-year decline of 43.6%.
Annual dynamics of product's exports from Nicaragua in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (43.6%) | n/a | n/a | - |
Between 2017 and 2020, the United States and Russia remained the top buyers in value terms, with their combined share making up 100.0% of total export earnings.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Nicaragua in value, 2017-2020
Imports carrots and turnips to Nicaragua
Imports in kind, t
After two years of decline, Nicaragua's imports of carrots and turnips rebounded in 2020. Imports reached 1 101 tonnes, up 12.2% from the previous year. However, over the 2017-2020 period, imports fell by 66%, averaging an annual decrease of 30.2%. The lowest import volume was recorded in 2019 at 981 tonnes, while the steepest drop occurred in 2018 with a 60.5% decline.
Annual dynamics of product's imports to Nicaragua in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (60.5%) | (23.2%) | 12.2% | (30.2%) |
From 2017 to 2020, Guatemala was the leading supplier of carrots and turnips to Nicaragua, holding a 77.5% share of total import volumes, with the rest coming from a variety of other countries.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Nicaragua in kind, 2017-2020
Imports in value, K $ US
In 2020, Nicaragua imported carrots and turnips worth approximately 148.5 thousand US dollars, a dramatic 27.5% decrease from the year before. Over the 2017-2020 span, imports declined by 60.1%, with an average annual rate of 26.4%. The largest drop was in 2018 at 45.7%, while 2019 saw a modest increase of 1.4%.
Annual dynamics of product's imports to Nicaragua in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (45.7%) | 1.4% | (27.5%) | (26.4%) |
During 2017-2020, Guatemala accounted for 76.3% of the total import value, with the remaining portion distributed among a diverse group of smaller trading partners.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Nicaragua in value, 2017-2020
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