Key Market Indicators
Nicaragua's pet food imports are projected to climb to approximately 31.6 million kilograms by 2028, up from around 26.9 million kilograms in 2023. This represents an average annual growth rate of 2.6%. Since 1998, the country's demand for pet food has increased by an average of 3.2% per year. On the export front, Nicaragua experienced a dramatic surge in pet food shipments. The country exported 308 kilograms in 2017, a staggering leap from just 0.5 kilograms in 2016. This represents an extraordinary increase of 61,530% year-over-year.
