Nicaragua: Sugar Annual

  |   Attaché Report (GAIN)   |   NU2023-0002

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. Record-setting precipitation in 2022 helped drive agronomic and processing yields lower, with marketing year 2022/23 sugar exports the lowest since marketing year 2018/19, on lower sugar production and exportable volumes.

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