Earlier Report Observations
The cottonseed oil market in Nicaragua demonstrated consistent stability from 2018 to 2023, with domestic production holding steady at 600 t each year. Market size closely followed production, registering 600.6 t in 2018 due to a minimal import of 0.6 t before imports dropped to zero and the market settled at exactly 600 t annually from 2019 onward.
Global market analysis in 2021 pointed to technological innovation and rising demand for cottonseed oil driven by its favorable nutritional profile and food industry use. Despite this international trend, Nicaragua's production volume remained unchanged, reflecting a local market insulated from these global drivers or operating at fixed capacity.
Nicaragua's agricultural sector operates under mandatory technical standards for seed production and certification, supervised by MAGFOR. These regulations form the ongoing framework for oilseed cultivation, though no specific legislative or labeling changes for cottonseed oil were reported during the period.
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. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production cottonseed oil and fractions in Nicaragua
In kind, 2017-2020, t
Top producers of cottonseed oil and fractions, 2017-2020
World map of production of cottonseed oil and fractions, 2017-2020
In 2020, Nicaragua produced 600.0 t of cottonseed oil and fractions, showing no significant change from the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.
Annual dynamics of production in Nicaragua in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | - | - |
Exports cottonseed oil and fractions from Nicaragua
According to market research, Nicaragua did not export any cottonseed oil and fractions from 2017 to 2020.
Imports cottonseed oil and fractions to Nicaragua
Imports in kind, kg
Nicaragua's imports of cottonseed oil and fractions declined for the second year in a row. In 2019, the country imported 37 kg, a drop of 93.7% compared to 2018. From 2017 to 2019, imports decreased by 99.5%, which translates to an annualized rate of 83.0%.
Annual dynamics of product's imports to Nicaragua in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (92.3%) | (93.7%) | n/a | - |
From 2017 to 2020, the United States dominated the geographical structure of Nicaragua's cottonseed oil and fractions imports in kind, accounting for 100.0% of total flows.
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, $ US
Cross-border shipments of cottonseed oil and fractions to Nicaragua fell for the second consecutive year. In 2019, imports totaled 649 US dollars, a decline of 33.5% from the previous year. Between 2017 and 2019, imports decreased by 96.2%, equating to an annualized rate of 66.4%.
Annual dynamics of product's imports to Nicaragua in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (94.3%) | (33.5%) | n/a | - |
During 2017–2020, the United States effectively monopolized the value of cottonseed oil and fractions imports to Nicaragua, capturing 100.0% of total flows.
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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