Earlier Report Observations
The sorghum market volume in Nicaragua remained relatively stable from 2018 to 2021, fluctuating between 56,669 t and 58,500 t. A significant increase to 62,578 t occurred in 2022, followed by a sharp contraction to 26,110 t in 2023.
In 2024, a key development was an agreement mediated by government ministries between poultry associations and sorghum producers for the purchase of one million quintals of sorghum for the animal feed industry, strengthening the domestic supply chain. National sorghum production was estimated at 0.6 million quintals, reflecting a slight increase from the previous cycle.
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, 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, 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, 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. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ 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 sorghum in Nicaragua
In kind, 2017-2020, K t
Top producers of sorghum, 2017-2020
World map of production of sorghum, 2017-2020
Nicaragua's sorghum production declined for the third consecutive year. In 2020, production was broadly stable at 57.1 K t compared to 2019. Between 2017 and 2020, production decreased by 26.9%, which equates to an annualized rate of 9.9%.
Annual dynamics of production in Nicaragua in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.9%) | (5.0%) | (0.2%) | (9.9%) |
In value, 2017-2020, K $ US
In 2020, Nicaragua's sorghum output was valued at 8 805 K $ US, representing a 29.0% year-over-year reduction. Between 2017 and 2020, production decreased by 54.1%, with an annualized rate of 22.8%. The largest decline occurred in 2018 at 41.1%, while the largest increase was in 2019 at 9.9%.
Annual dynamics of production in Nicaragua in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (41.1%) | 9.9% | (29.0%) | (22.8%) |
Exports sorghum from Nicaragua
Exports in kind, t
The market showed significant volatility during this period. Exports reached their lowest point in 2020 at 82 t, down 77.4% from 2019. The peak was in 2018 at 1 988 t, resulting in a 24-fold swing between these years. The largest decline occurred in 2019 at 81.8%, while the largest increase was in 2018 at 24.8%.
Annual dynamics of product's exports from Nicaragua in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.8% | (81.8%) | (77.4%) | (62.9%) |
From 2017 to 2020, El Salvador consistently accounted for 77.9% of Nicaragua's total sorghum exports in kind, indicating a high concentration on this market. The remaining share was distributed among other countries.
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, K $ US
Nicaragua's cross-border sorghum shipments declined for the third consecutive year. In 2020, exports amounted to 12.6 K $ US, marking a sharp fall of 83.9% compared to the previous year. Over the 2017-2020 period, exports decreased by 96.8%, with a compound annual growth rate of 68.2%.
Annual dynamics of product's exports from Nicaragua in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.7%) | (79.0%) | (83.9%) | (68.2%) |
From 2017 to 2020, El Salvador and Honduras were the dominant buyers of Nicaraguan sorghum in value terms, together accounting for 90.2% of total exports. Other destinations each held relatively small shares.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Nicaragua in value, 2017-2020
Imports sorghum to Nicaragua
Imports in kind, t
The market exhibited notable volatility during these years. Imports reached their lowest point in 2020 at 65 t, down 20.2% from 2019. The peak was in 2018 at 332 t, creating a 5.1-fold gap between these years. The largest decline occurred in 2019 at 75.4%, while the largest increase was in 2018 at 97.4%.
Annual dynamics of product's imports to Nicaragua in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 97.4% | (75.4%) | (20.2%) | (27.1%) |
Throughout 2017 to 2020, two countries—El Salvador and the United States—accounted for the majority of sorghum imports in kind to Nicaragua. Other markets were individually less significant.
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
The data reveals irregular changes, indicating a volatile market environment. Imports bottomed in 2019 at 124.1 K $ US and peaked in 2017, with a 5.6-fold difference between these years. In 2020, foreign sorghum supplies to Nicaragua totaled 284.0 K $ US, marking a steep rise of 128.8% from 2019. The largest decline occurred in 2019 at 62.7%.
Annual dynamics of product's imports to Nicaragua in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (51.9%) | (62.7%) | 128.8% | (25.7%) |
From 2017 to 2020, the United States concentrated 89.2% of Nicaragua's total sorghum imports in value terms. The remaining volume was shared among many countries, each with smaller individual shares.
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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