What is the price of rice per kilogram/pound in Nicaragua today?
The retail price range for Nicaragua rice is between US$ 1.44 and US$ 3.36 per kilogram or between US$ 0.65 and US$ 1.52 per pound(lb). Click here to see today's exact prices of rice in Nicaragua
The retail price range in Cordoba Oro for rice is between NIO 52.66 and NIO 122.87 per kilogram or between NIO 23.88 and NIO 55.72 per pound(lb) in Managua and León.
Wholesale prices
In 2024, the approximate wholesale price range for Nicaragua rice is between US$ 1.01 and US$ 2.35 per kilogram or between US$ 0.46 and US$ 1.07 per pound(lb).
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Prices of other produce in the Cereals/Grains category in Nicaragua: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Central America: Belize rice, Costa Rica rice, El Salvador rice, Guatemala rice, Honduras rice, Mexico rice, Nicaragua rice & Panama rice.
Nicaragua rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nicaragua sold 10,068 tonnes of rice. For 2019 alone, the market for Nicaragua rice (cereals/grains category) has decreased, recording a change of -48.93 % compared to the year 2018. Between 2017 and 2019, rice's exports decreased by -35.06% earning the country US$3.30m for the year 2019. Nicaragua's rice exports are categorised as:
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
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Nicaragua rice export values
In 2019, Nicaragua sold rice costing 3.30m USD, a drop of -46.41% from 2018's total rice export of 6.158m USD. The yearly reduction in value of Nicaragua rice between 2017 to 2018 was 28.828 pc.
The annual/yearly change in the volume of Nicaragua's rice exports between 2017 and 2019 was -35.06% compared to a variation of -48.93% in the period between 2018 and 2019.
Export markets for Nicaragua rice ( in '000$ )
Nicaragua's best performing export markets for rice are Panama, Honduras, Guatemala, El Salvador and Costa Rica.
Nicaragua bought 257,470 tonnes of rice in 2019.
Production
The production of rice in Nicaragua was 3,121,392 tonnes in 2019 and is forecast to change by an average of 28.25%. The country had an estimated 591,120.00 hectares under rice cultivation.