Earlier Report Observations
The production of fresh, chilled, or frozen goat meat in Nicaragua showed a steady, albeit gradual, increase from 36 090 kg in 2018 to 37 250 kg in 2023. This growth occurred within a broader context of a robust national meat industry, where Nicaragua solidified its role as Central America's leading exporter of fresh or frozen beef, accounting for 82% of regional exports.
Over the following years, the overall meat market continued to evolve. By 2023, pork production had grown by 66% over the previous decade, moving from traditional to semi-technified farms, while meat imports into the country surged by 485% in volume since 2014. These shifts indicate a general expansion and modernization of Nicaragua's meat sector and rising domestic demand, which provided a favorable environment for the goat meat segment.
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, kg
- 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, kg
- 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, kg
- 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. Trade balance
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6.1. Trade balance (Direct Data)
- 6.1.1. In kind, kg
- 6.1.2. In value, $ US
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6.2. Trade balance (Mirror Data)
- 6.2.1. In kind, kg
- 6.2.2. In value, $ US
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6.1. Trade balance (Direct Data)
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7. Top buying and selling countries, 2018-2024
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7.1. Direct Data
- 7.1.1. Import in Value by Countries-buyers
- 7.1.2. Export in Value by Countries-suppliers
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7.2. Mirror Data
- 7.2.1. Import in Value by Countries-buyers
- 7.2.2. Export in Value by Countries-suppliers
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7.1. Direct Data
Production goat meat in Nicaragua
In kind, 2017-2020, kg
Top producers of goat meat, 2017-2020
World map of production of goat meat, 2017-2020
Nicaragua's goat meat production has increased for the third year in a row. In 2020, the country produced 36 540 kg of goat meat, which represents a 0.7% rise compared to 2019.
Annual dynamics of production in Nicaragua in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.4% | 0.6% | 0.7% | 0.6% |
Exports goat meat from Nicaragua
Exports in kind, kg
Annual dynamics of product's exports from Nicaragua in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Panama was consistently the primary and nearly exclusive destination for Nicaragua's goat meat exports in kind, accounting for 100.0% of the total.
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, $ US
Annual dynamics of product's exports from Nicaragua in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the period from 2017 to 2020, Nicaragua's goat meat exports in value terms were almost entirely focused on Panama, with its share reaching 100.0%.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Nicaragua in value, 2017-2020
Imports goat meat to Nicaragua
Market analysis indicates that Nicaragua did not import any goat meat between 2017 and 2020.
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