Key Market Indicators
This is expected to reach 40,951 Kilograms by 2026, with a CAGR of 2.2%. Candy imports to Nicaragua are set to rise 2.1% annually, from 15.4 million kilograms in 2021 to 17.4 million kilograms in 2026. Since 1998, demand has increased 5.8% year-on-year. In 2021, Nicaragua ranked 41st in the world for candy imports; New Zealand overtook it with 15.4 million kilograms. The UK, Germany and the Netherlands ranked 2nd, 3rd and 4th respectively. Candy exports from Nicaragua rose to 37,780 kilograms in 2018, up 182.3% from the previous year's 13,380 kilograms. This is forecast to reach 40,951 kilograms by 2026, with a compound annual growth rate of 2.2%.
