Market research

Milk powder market in Nicaragua

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2020, Nicaragua's milk powder market volume increased from 4 969 t to 9 175 t. This expansion coincided with a rise in the national dairy herd, which boosted raw milk collection for processing. The implementation of the National Plan for Beef and Milk Production 2020-2021 further supported the sector by strengthening production chains and focusing on technological improvements.

The market reached a peak of 13 312 t in 2021, supported by reported growth in raw milk output. In March 2022, tariff-rate quotas were established for imports of skimmed and whole milk powder, regulating supply for domestic processors. Following a slight stabilization in 2022, the market volume grew to 13 968 t in 2023, a period during which the broader dairy sector reported rising export demand but also faced increasing production costs.

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 milk powder in Nicaragua

In kind, 2017-2020, t

Top producers of milk powder, 2017-2020

Source: SHEV.io

World map of production of milk powder, 2017-2020

Source: SHEV.io

Nicaragua's milk powder production has increased for the third consecutive year. In 2020, the country produced 14 157 tons of milk powder, marking a gradual gain of 6.4% compared to the previous year. Over the period from 2017 to 2020, production rose by 66.6%, with a compound annual growth rate of 18.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.0%	47.8%	6.4%	18.5%

Source: SHEV.io

In value, 2017-2020, K $ US

Milk powder production in Nicaragua has increased for the third consecutive year. In 2020, the output was valued at 59 957 thousand US dollars, reflecting a gain of 12.5% versus the previous year. Between 2017 and 2020, production increased by 67.4%, equating to an annualized rate of 18.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.6%	42.2%	12.5%	18.7%

Source: SHEV.io

Exports milk powder from Nicaragua

Exports in kind, t

After a two-year rise, milk powder exports from Nicaragua declined. In 2020, the country exported 7 349 tons of milk powder, representing a decrease of 6.3% compared to 2019. The maximum volume was recorded in 2019 at 7 840 tons, while the largest increase occurred in 2018 at 4.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.2%	2.5%	(6.3%)	0.0%

Source: SHEV.io

Throughout 2017 to 2020, the country structure of exports in kind was dominated by Guatemala and El Salvador, which together accounted for 81.7% of total flows; other markets formed a long tail.

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

Milk powder shipments from Nicaragua to abroad declined for the second consecutive year. In 2020, exports amounted to 31 123 thousand US dollars, representing a 0.8% contraction year-over-year. The maximum value was recorded in 2018 at 31 816 thousand US dollars, with the largest decline in 2019 at 1.3% and the largest increase in 2018 at 2.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.9%	(1.3%)	(0.8%)	0.2%

Source: SHEV.io

Over 2017 to 2020, Guatemala and El Salvador concentrated the majority of exports in value terms of milk powder from Nicaragua, whereas other markets formed a less significant perimeter.

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 milk powder to Nicaragua

Imports in kind, t

Imported milk powder volumes in Nicaragua declined for the second consecutive year. In 2020, import volume totalled 2 367 tons, amounting to a strong decrease of 14.7% versus the previous year. Between 2017 and 2020, imports decreased by 5.7%, equating to a 1.9% annualized rate. The maximum volume was recorded in 2018 at 3 612 tons, with the largest decline in 2019 at 23.2% and the largest increase in 2018 at 43.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	43.9%	(23.2%)	(14.7%)	(1.9%)

Source: SHEV.io

Throughout 2017 to 2020, the United States (39.3% of imports in kind), Costa Rica (33.4% of imports in kind), and New Zealand (24.7% of imports in kind) played the leading roles in imports in kind of milk powder to Nicaragua, jointly taking 97.3% of total flows.

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

Nicaragua's volume of milk powder imports declined for the second consecutive year. In 2020, import volume amounted to 9 153 thousand US dollars, indicating a decline of 17.9% compared to 2019. Over the period from 2017 to 2020, imports decreased by 22%, with a compound annual growth rate of 7.9%. The maximum value was recorded in 2018 at 14 290 thousand US dollars, with the largest decline in 2019 at 22.0% and the largest increase in 2018 at 21.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	21.8%	(22.0%)	(17.9%)	(7.9%)

Source: SHEV.io

Over 2017 to 2020, Costa Rica (44.4% of imports in value terms), New Zealand (31.4% of imports in value terms), and the United States (22.7% of imports in value terms) together absorbed 98.5% of total imports in value terms of milk powder to Nicaragua, making them the main directions.

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