Key Market Indicators
This is a -1.6% YoY change. Nicaragua's butter production is projected to decline slightly in the next five years. From 2021 to 2026, production is estimated to drop by 0.9% annually, from 523 metric tons to 496.28 metric tons. This follows a 0.2% decrease in production from 1966 to 2021. Nicaragua ranked 96th in 2021, with Senegal overtaking it with 523 metric tons. New Zealand, Germany and France were the top three butter producers, respectively. In 2018, Nicaragua's butter consumption was 1,000 metric tons, down 1.6% from the previous year.
