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FAS/Managua anticipates a drop in sugarcane production in marketing year 2024/25, as increased precipitation, which could be exacerbated by a La Niña weather cycle in the second half of 2024, brings agricultural and industrial yields closer to historical levels.
FAS/Managua projects Nicaraguan sugar production and exports recovering in marketing year 2023/24, despite deteriorating political and economic conditions in Nicaragua, with the anticipated arrival of an El Niño weather system and drier weather in the latter half of 2023.
Earlier investments in mechanization, irrigation, and co-generation of electricity for the national energy grid have helped insulate the sugar industry from domestic political instability, but access to and pricing of fuel and fertilizer could negatively affect sugarcane production in marketing year 2022/23.
The Nicaraguan sugar industry estimates that sugarcane production in MY2021/2022 will exceed 7.1 million metric tons, which would be a two percent increase from MY 2020/2021.
Sugar production in Nicaragua has been stable the past few years. Sugar production contacts expect MY 2020/2021 area planted and production to remain flat.
Nicaragua had a good sugar harvest in Market Year 2018/2019.
Nicaragua’s sugar production reached a new record high in Market Year (MY) 2017/2018.
Sugar production increased 15 percent in 2016/2017 reaching over 732,536 metric tons (MT) due to the favorable climatic conditions.
In marketing year (MY) 2015/2016, the National Committee of Sugar Producers of Nicaragua (CNPA) anticipates a total sugarcane harvest of 5.9 million metric tons...
For 2014/2015, the Nicaraguan Sugar Commission anticipates a sugar cane harvest of sugar 7.2 million MT with a total sugar production of 728,042 MT, a 4 percent decreased compared to the previous year