Nicaraguan Fishing Industry Recovers

The sector, which showed a decline of 3% in January 2012, expects to close the year with growth of 4.6%, led by the production of farmed shrimp.

Friday, January 4, 2013

Armando Segura, executive director of the Chamber of Fisheries of Nicaragua (CAPENIC), said, "It's been a substantial recovery, we are reversing the trend from earlier this year."

"According to the latest report by the IMAE, this result has been led by the production of farmed shrimp, due to good weather conditions in shrimp farms", reported

For the Group Operations Manager of Deli Nicaragua, the uniformity of the rainy season and new technologies led to the increase in production.

More on this topic

Nicaragua: Aquaculture and Fisheries Sector Grows

April 2015

Powered by shrimp farming, the gross value of fisheries and aquaculture production reached $129 million in 2014, 16.3% more than in 2013, when it totaled $113 million.

This growth is mainly due to increased shrimp production, which recorded sales of $74.7 million, of which $66.2 million came from shrimp farming and the rest from shrimp caught in the open sea.

Nicaragua Exported $150 million in Shrimp in 2013

June 2014

The increase in production to 24,500 tons and rising international prices took revenues from this category from $74 million to $150 million in three years.

In the last ten years Nicaragua has made progress in the modernization of production of farmed shrimp and improved the processes of industrialization, reaching a production of 24,500 tons in 2013.

Good Prospects for Shrimp Exports

December 2013

The disease affecting shellfish in Asia has driven up prices and benefited exporters in the region.

The lesser supply of shellfish has led to an increase in international prices which has in turn increased the value of exports sent from Central America.

In Nicaragua alone sales between January and October this year amounted to $75.6 million, representing an increase of 12% over what was exported in 2012.

Nicaragua Banks on Shrimp Farming

January 2012

The fisheries sector is backing shrimp as the item of greatest growth potential.

The president of the Nicaraguan Chamber of Fisheries, Armando Segura, said the shrimp farming industry has maintained steady growth in recent years thanks to the application of new technologies.

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