Plans for Coffee in Nicaragua

Government and representatives of the sector have announced the creation of a work commission that will focus on defining new strategies to boost the coffee activity in the country.

Tuesday, March 13, 2018

Representatives from the Central Bank of Nicaragua (BCN) and coffee producers held a session in which they agreed to work together on various issues that impact on the activity of the sector, among which, are the effects caused by pests.

See "Central America: Price of export coffee drops 33%"

Regarding the meeting that was held between both sectors, reported that " ...The meeting of the Government's Production, Consumption and Trade System with coffee growers was considered 'productive' and 'fruitful', both by the BCN's president and by coffee farmer representatives, who in previous days had requested a meeting with the country 's authorities to highlight various situations that are affecting the sector, located mainly in the north of Nicaragua."

See also: "Crop Monitoring in Central America"

Regarding statistics for the sector, the president of the BCN, Ovidio Reyes, said that " ... they will seek to improve export statistics of 'rojito', so that it can be clearly determined what types of coffee Nicaragua sells and how it that sector is evolving. "

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More on this topic

Improvement of Costa Rican coffee quote

October 2018

Between the 2011-2012 and 2016-2017 harvests, the difference between the average price per quintal of the country's exports and the international market price of grain has more than doubled, from $25 to $54.

According to data and figures provided by the Coffee Institute of Costa Rica (Icafe), during coffee year 2011-2012 the average value of a 46 kg bag of coffee on the New York Market was $198.12 and the average price of Costa Rican exports was $222.76, reflecting a difference of $24.64.

Negative Expectations for Honduran Coffee

June 2018

The sector union foresees that for the 2017-2018 harvest foreign currency generated from sales abroad will fall by 14% with respect to the previous season.

Explained by a drop in the average price per hundredweight of exports, which fell from $145 in the 2016-2017 season to $123 so far in the current harvest, the Honduran Coffee Institute (Ihcafé) envisages a 14% decrease in income from sales abroad.

Coffee in Central America: Exports Recover

March 2018

In the first nine months of 2017, countries in the region exported $2.795 million worth of coffee, 29% more than was sold during the same period in 2016.

Figures from the information system on the the Coffee market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Honduras: Coffee Exports Down 12%

December 2017

Up until December 20, sales of the current 2017/18 crop totaled $84 million, 12% less than the amount reported on the same date of the 2016-2017 cycle.

From the IHCAFE Statistical Information Bulletin: 

As of December 20, 2017,  2017-2018 harvest.

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