Key Market Indicators
Nicaraguan onion production is set to reach around 42,000 metric tons by 2026. This is an increase of 3.4% year-on-year compared to the 34,000 metric tons in 2021. Since 2017, Nicaraguan production has risen by 5.5% each year. In 2021, the country was ranked 85th, with Paraguay ahead at 34,000 metric tons. India, the United States and Egypt were the top three producers respectively. Nicaraguan onion consumption is set to reach 55,000 metric tons by 2026 from 47,000 metric tons in 2021. This translates to average year-on-year growth of 2.3%. Since 2017, Nicaraguan demand has increased by 4.7% each year. In 2021, the country was ranked 84th, with Lebanon ahead at 47,000 metric tons. India, the United States and Egypt were the top three consumers respectively.