Key Market Indicators
Nicaraguan grains production is projected to hit approximately 935,000 metric tons by 2028, marking a slight increase from the estimated 916,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 0.3%. Since 1966, Nicaragua's grain supply has consistently risen, showing an average annual growth rate of 2.2%. In 2023, Nicaragua ranked 107th globally in grain production, with El Salvador surpassing it by producing the same amount, 916,000 metric tons. Leading the global rankings are the United States, India, and Brazil, holding the second, third, and fourth positions, respectively.
