Current Situation of Nicaragua's Sugar Sector

Productivity has been increased through a continuous production system and added to the production of sugar are alcohols, ethanol, molasses and electricity.

Wednesday, April 17, 2013

While India and Mexico (largest sugar producers in the world), have opted to reduce consumption areas for sugarcane cultivation due to a fall in prices, Nicaragua is to establish a new record to produce up to 15.5 million quintals in the 2012-2013 harvest which ends in the coming weeks.

The incentive to produce has been motivated by the export price of sugar, which was over $30 per hundredweight, however, it later dropped to stabilize atbetween $17 and $18 per cwt. Mario Amador, general manager of the National Committee of Sugar Producers (CNPA), explained that "this happens with almost all commodities. When prices are good, many people start to produce and eventually that oversupply affects prices. "

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Nicaragua and Energy From Cane Bagasse

January 2018

Last year, 2.3 million tons of bagasse were used to generate energy, and production is expected to be even higher this year.

The National Committee of Sugar Producers (CNPA) expects that the generation of energy using cane bagasse will be maintained in the medium term, since they predict good results for the production of cane.  Last year, 2.3 million tons of bagasse were produced, which were used to generate energy, and this year they expect production to be even higher. 

Sugar Harvest Still Growing in Nicaragua

May 2014

Projections for the 2014 harvest are that it will be 64 thousand tons more than the last one, reaching a record of 782 thousand tons.

The growth is attributed to the investments that are being made in the sector, which together amounted to $400 million in 2012-2016.

The CEO of the National Committee of Sugar Producers (CNPA) of Nicaragua, Mario Amador, said " ...

More Sugar Cane to be Planted

March 2012

Encouraged by the prospect of higher prices due to a reduced harvest in other regions, two Nicaraguan sugar producers want to increase their sugarcane growing areas by 5,000 hectares.

The Montelimar and Benjamin Zeledon mills want to buy up to 5,000 additional hectares of land to grow sugarcane in the 2012-2013 cycle, which would allow production to increase to 14 million quintals, according to estimates.

Nicaragua: Sugar Production Increases

September 2011

The sugar industry expects production for the 2011-2012 harvest to be about 13 million quintals, two million quintals more than the last harvest.

Expected production is estimated to produce about $200 million is revenue said Mario Amador, Director of the National Committee of Sugar Producers, CNPA.

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