Earlier Report Observations
In 2018, primary sugar crops production reached 7 315 thousand tonnes, a level supported by the hosting of the international Bonsucro week in Nicaragua, which boosted the sector's global visibility, and by the implementation of the Fiscal Equity Law that aimed to facilitate investments. Production then declined over the next three years, falling to 6 830 thousand tonnes by 2021. This period coincided with discussions promoting agricultural diversification and highlighted structural limitations within the rural agroindustry, including a disarticulated production chain that proposed a shift towards cooperative models.
A recovery to 7 351 thousand tonnes occurred in 2022. However, output fell again to 6 965 thousand tonnes in 2023, a year which saw the introduction of the National Production, Consumption and Trade Plan 2023/2024, designed to strengthen food security and the agroindustrial sector. This period also noted increased national production of other crops like corn, supported by institutional programs, which may have influenced land use decisions for sugar crops.
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, K 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, K 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, K 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
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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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ 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 primary sugar crops in Nicaragua
In kind, 2017-2020, K t
Top producers of primary sugar crops, 2017-2020
World map of production of primary sugar crops, 2017-2020
Nicaragua's primary sugar crops production has declined for the second year in a row. In 2019, production fell by 3.7%, followed by a further 0.7% decrease in 2020, when output reached 6 993 thousand tonnes. The highest production level was recorded in 2018 at 7 315 thousand tonnes, which represented a 3.1% increase from the previous year.
Annual dynamics of production in Nicaragua in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.1% | (3.7%) | (0.7%) | (0.5%) |
Exports primary sugar crops from Nicaragua
Exports in kind, kg
Nicaragua's primary sugar crops exports have dropped for the second consecutive year. In 2020, exports amounted to just 3 kilograms, marking a dramatic 99.7% decline compared to 2019. Over the three-year period from 2018 to 2020, exports plummeted by 99.9%, with an annualized decrease of 89.2%.
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 | (59.3%) | (99.7%) | - |
From 2017 to 2020, Italy was the primary destination for Nicaragua's primary sugar crops exports in volume terms, accounting for 99.8% 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
Nicaragua's primary sugar crops exports in value terms have fallen for the second year running. In 2020, exports totaled 10 US dollars, a sharp 97.7% drop from 2019. Between 2018 and 2020, exports decreased by 98.6%, equivalent to an annualized rate of 76.1%.
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 | (41.4%) | (97.7%) | - |
Throughout 2017–2020, Italy dominated Nicaragua's primary sugar crops exports in value, consistently making up 98.3% of the total.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Nicaragua in value, 2017-2020
Imports primary sugar crops to Nicaragua
Imports in kind, kg
Nicaragua imported 1 872 kilograms of primary sugar crops in 2020, a massive 1 378.0% increase from the previous year. From 2017 to 2020, imports surged by 93 500%, with an annualized growth rate of 878.2%.
Annual dynamics of product's imports to Nicaragua in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 378.0% | n/a | n/a | 878.2% |
Between 2017 and 2020, Costa Rica was the leading source for Nicaragua's primary sugar crops imports in volume, consistently supplying 98.3% of the total.
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
In 2020, Nicaragua's primary sugar crops imports in value terms reached 2 437 US dollars, a substantial 590.9% rise compared to 2019. Over the period from 2017 to 2020, imports grew by 58 334.5%, with an annualized increase of 736.0%.
Annual dynamics of product's imports to Nicaragua in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 590.9% | n/a | n/a | 736.0% |
From 2017 to 2020, Costa Rica served as the main supplier of primary sugar crops to Nicaragua in value terms, consistently accounting for 98.7% of total imports.
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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