Non-rendered pig fat free of lean meat market in Nicaragua

Earlier Report Observations

From 2018 to 2020, the market volume for non-rendered pig fat in Nicaragua expanded gradually, reaching 1 000 tons by 2020. The pork sector showed satisfactory growth in early 2020, which supported overall supply of pig fat.

The market entered a phase of stronger expansion after 2021, climbing to 1 344 tons by 2023. This acceleration coincided with active government support through the National Production, Consumption and Trade System, which promoted technology adoption and genetic improvement in pig farming. Additionally, the hog inventory grew by 4.8% in 2023, driven by new ventures and better farm practices, boosting domestic production capacity.

In 2024, mandatory technical standards were implemented for the commercial labeling of pork cuts and fats, while consumer preferences gradually shifted towards leaner cuts. Although international feed prices pressured costs, state-backed technical assistance helped small and medium producers strengthen output, supporting market growth.

Production non-rendered pig fat free of lean meat in Nicaragua

In kind, 2017-2020, t

Top producers of non-rendered pig fat free of lean meat, 2017-2020

World map of production of non-rendered pig fat free of lean meat, 2017-2020

Production of non-rendered pig fat free of lean meat in Nicaragua rose for two consecutive years before declining. In 2020, output reached 900 t, marking a 1.7% decrease from the previous year. Over the 2017-2020 period, production grew by 10.8%, which translates to an average annual increase of 3.5%. The peak was recorded in 2019 at 915 t, with the largest year-on-year growth of 8.3% also occurring that year.

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

Exports non-rendered pig fat free of lean meat from Nicaragua

As outlined in the sector analysis, Nicaragua did not export any non-rendered pig fat free of lean meat between 2017 and 2020.

Imports non-rendered pig fat free of lean meat to Nicaragua

Imports in kind, t

Nicaragua's imports of non-rendered pig fat free of lean meat totaled 100.3 t in 2020, representing a 26.9% increase compared to the previous year. From 2017 to 2020, imports fell by 6.9%, with a compound annual growth rate of -2.3%. The lowest volume was recorded in 2019 at 79.1 t, while the highest was in 2018 at 119.2 t. The most significant drop occurred in 2019, with a decline of 33.7%.

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

Between 2017 and 2020, Nicaragua's import structure for non-rendered pig fat free of lean meat was highly concentrated, with the United States accounting for 99.7% of total imports.

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

After two years of decline, imports of non-rendered pig fat free of lean meat into Nicaragua rebounded. In 2020, import value reached 250.7 K $ US, showing a strong year-on-year increase of 15.8%. Over the 2017-2020 period, imports decreased by 20.4%, with a compound annual growth rate of -7.3%. The lowest value was recorded in 2019 at 216.5 K $ US, and the largest decline occurred in 2018, falling by 17.5%.

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

From 2017 to 2020, the United States dominated Nicaragua's imports of non-rendered pig fat free of lean meat in value terms, holding a 99.8% share 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