Nicaragua: Coffee Annual
Link to report:
The lack of access to credit due to Nicaragua’s current political crisis and low international coffee prices have reduced Nicaraguan producers' ability to properly maintain coffee plantations. Harsh economic conditions have led to a sharp reduction in coffee production. The Nicaraguan coffee industry reports marketing year (MY) 2019/2020 production reaching 2.3 million 60-kilogram (KG) bags, down 11 percent from the previous cycle. For MY 2020/2021, coffee associations project an additional five percent decline. Producers do not anticipate improvements in access to credit. In addition, they face a ten percent increase in agrochemical costs.
