Nicaragua: Retail Foods Annual
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Consumer trends in Nicaragua are shifting towards modern retail channels as remittance flows increase. Supermarkets are expanding rapidly, with one grocery store chain opening eight new locations in 2024. Given the country's high price sensitivity, affordable protein sources like pork and chicken meat are in high demand. U.S. agricultural exports to Nicaragua, particularly consumer-oriented products, increased 27 percent in calendar year 2023, supporting the expansion of the retail sector.
