Key Market Indicators
Nicaraguan maize consumption is projected to reach 430,000 metric tons by 2026. In 2021, it was 423,000 metric tons, a slight 0.2% increase year-over-year. Since 2017, the demand rose by 0.6% on average. Nicaragua was ranked 54th in 2021, with Yemen coming in 53rd at the same consumption level. India, China and Indonesia respectively were the top three in this ranking. Nicaraguan maize production is expected to reach 384,020 metric tons by 2026, down 0.4% from 2021's 393,840 metric tons. Since 1966, the supply decreased at a rate of 0.8% year-over-year. Nicaragua placed 79th in 2021, with Albania ahead of them at 393,840 metric tons. China, Brazil and Argentina were the top three in this ranking.