Key Market Indicators
Nicaragua’s juice exports experienced a significant decline in 2023, dropping to approximately $48,000 from around $98,000 in 2022. This represents a 51% decrease year-over-year. Historically, the country's juice supply has seen a downward trend, with a reduction of about 21% annually since 1999. In contrast, Nicaraguan juice imports are on an upward trajectory. Projections indicate that imports will reach nearly $14 million by 2028, up from about $13 million in 2023, marking an average annual growth rate of 0.8%. Since 1998, the demand for juice imports in Nicaragua has steadily increased by roughly 1.5% each year.
