Market research

Salt, pure NaCl and sea water market in Nicaragua

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The salt market in Nicaragua contracted by approximately 24% in volume between 2018 and 2022, falling from 21 747 t to 16 583 t. In value terms, the market also showed volatility, starting at 3.9 million USD in 2018, reaching a low of 3.0 million USD in 2021, before a partial recovery to 3.5 million USD in 2022.

After a temporary increase to 22 075 t in 2020, market volume dropped sharply by 22% the following year and saw a further slight decline in 2022. Domestic production remained steady at 30 000 t annually throughout this period.

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, 2018-2022
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2022
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2022
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2022
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, 2018-2022, t
  2. 5.1.2. Annual dynamics of production in Nicaragua in value, 2018-2022, $ US
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
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 salt, pure NaCl and sea water in Nicaragua

In kind, 2017-2020, t

Top producers of salt, pure NaCl and sea water, 2017-2020

Source: SHEV.io

World map of production of salt, pure NaCl and sea water, 2017-2020

Source: SHEV.io

In 2020, Nicaragua produced 30 000 tonnes of salt, pure NaCl, and sea water, a level that remained virtually unchanged from the previous year. The largest decline was recorded in 2018 at 0.0%, while the largest increase also occurred 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	-	-	-	-

Source: SHEV.io

Exports salt, pure NaCl and sea water from Nicaragua

Exports in kind, t

In 2020, Nicaragua exported 10 482 tonnes of salt, pure NaCl, and sea water, marking a 9.1% decrease compared to the previous year. Between 2017 and 2020, exports fell by 24.3%, translating to an annualized decline of 8.9%. The largest drop was recorded in 2018 at 21.7%, while the largest increase occurred in 2019 at 6.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(21.7%)	6.3%	(9.1%)	(8.9%)

Source: SHEV.io

From 2017 to 2020, Costa Rica and Honduras were the two dominant destinations for Nicaragua's exports of salt, pure NaCl, and sea water in kind. Costa Rica accounted for 83.0% of total flows, and Honduras for 17.0%, together making up 100.0% of exports.

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

After a two-year increase, Nicaragua's foreign exports of salt, pure NaCl, and sea water declined. In 2020, the export value reached 1 324 thousand US dollars, a reduction of 2.2% from 2019. Over the period 2017-2020, exports grew by 7.1%, with a compound annual growth rate of 2.3%. The maximum value was recorded in 2019 at 1 354 thousand US dollars, and the largest increase occurred in 2018 at 6.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.8%	2.5%	(2.2%)	2.3%

Source: SHEV.io

Between 2017 and 2020, Costa Rica and Honduras together absorbed 100.0% of Nicaragua's total exports in value terms for salt, pure NaCl, and sea water, indicating a high degree of concentration.

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 salt, pure NaCl and sea water to Nicaragua

Imports in kind, t

In 2020, Nicaragua imported 2 558 tonnes of salt, pure NaCl, and sea water, representing a 13.3% increase year-over-year. Between 2017 and 2020, imports rose by 6.5%, equating to an annualized growth rate of 2.1%. The minimum value was recorded in 2019 at 2 258 tonnes, while the maximum was in 2018 at 2 594 tonnes. The largest decline occurred in 2019 at 13.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.1%	(13.0%)	13.3%	2.1%

Source: SHEV.io

From 2017 to 2020, Costa Rica, Mexico, and Honduras were the main sources for Nicaragua's imports of salt, pure NaCl, and sea water in kind. Costa Rica accounted for 26.0% of imports, Mexico for 19.2%, and Honduras for 14.3%, together making up 59.4% of total imports.

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

After a two-year decrease, Nicaragua's imports of salt, pure NaCl, and sea water increased. In 2020, imports totaled 1 457 thousand US dollars, an 8.7% rise compared to 2019. Between 2017 and 2020, imports fell by 6%, translating to an annualized decline of 2.0%. The minimum value was recorded in 2019 at 1 341 thousand US dollars, and the largest drop occurred in 2019 at 11.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.9%)	(11.8%)	8.7%	(2.0%)

Source: SHEV.io

Between 2017 and 2020, the leading destinations for Nicaragua's imports in value terms of salt, pure NaCl, and sea water were Costa Rica, Mexico, and Colombia. Costa Rica accounted for 51.6% of imports, Mexico for 10.4%, and Colombia for 7.7%, jointly representing 69.7% of total flows.

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