Key Market Indicators
Nicaragua's sugarcane production is expected to reach 8.5 million metric tons by 2026, growing at an average rate of 1.7% year-on-year. Since 1966, the country has experienced an annual growth rate of 4.6%. In 2021, Nicaragua was the 23rd largest producer of sugarcane, behind Cuba's 7.7 million metric tons. India, Thailand, and China took second, third, and fourth place, respectively.
