Key Market Indicators
The country was number 32 in 2021, Peru overtook with $1,942,700. Mexico, Spain and the United States respectively were numbers 2, 3 and 4 in this ranking. Export of whey from Nicaragua is predicted to reach nearly $925,000 by 2026, up from $720,000 in 2021. This reflects a growth of 4.1% year on year. Since 1999, export of Nicaragua’s whey has increased by 30.3%. In 2021, Nicaragua was the 55th largest exporter of whey, having been overtaken by Bulgaria’s $720,000. France, Germany and the Netherlands ranked 2nd, 3rd and 4th respectively. Import of whey to Nicaragua is estimated to reach $2.2 million by 2026, up from $1.9 million in 2021. This reflects an average growth of 2% year on year. Since 1998, the demand for Nicaraguan whey has increased by 8.8%. In 2021, Nicaragua was the 32nd largest importer of whey, having been overtaken by Peru’s $1.9 million. Mexico, Spain and the United States ranked 2nd, 3rd and 4th respectively.
