What is the price of tallow fat per kilogram/pound in Nicaragua today?
The retail price range for Nicaragua tallow fat is between US$ 2.76 and US$ 3.82 per kilogram or between US$ 1.25 and US$ 1.73 per pound(lb). Click here to see today's exact prices of tallow fat in Nicaragua
The retail price range in Cordoba Oro for tallow fat is between NIO 100.81 and NIO 139.53 per kilogram or between NIO 45.72 and NIO 63.28 per pound(lb) in Managua and León.
Wholesale prices
In 2024, the approximate wholesale price range for Nicaragua tallow fat is between US$ 1.93 and US$ 2.67 per kilogram or between US$ 0.88 and US$ 1.21 per pound(lb).
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Nicaragua tallow fat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nicaragua sold 2,602 tonnes of tallow fat. Through 2019 alone, the interest in Nicaragua tallow fat (meat category) has decreased, with a change of -24.885 percent compared to the year 2018. Between 2017 and 2019, tallow fat's exports reduced by -36.78% earning the country US$1.49m for the year 2019. Nicaragua's tallow fat exports are classified as:
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
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Nicaragua tallow fat export values
In 2019, Nicaragua sold tallow fat with a value of 1.49m USD, a drop of -35.27% from 2018's total tallow fat export of 2.302m USD. The annual change in value of Nicaragua tallow fat between 2017 to 2018 was -13.653 per cent.
The annual variation in the volume of Nicaragua's tallow fat exports between 2017 and 2019 was -36.78% compared to a variation of -24.885% in the period between 2018 and 2019.
Nicaragua's share of the world's total tallow fat's exports in 2019 was less than 1%. The country is ranked number 25 in world exports of tallow fat.
Export markets for Nicaragua tallow fat ( in '000$ )
Nicaragua's top destinations for tallow fat are Guatemala, El Salvador, Mexico, US and Venezuela.
Import/Export Trends
Nicaragua is a net exporter of tallow fat. The annual growth of Nicaragua tallow fat in value between 2015 to 2019 was 2%, per annum, while annual growth in quantity during the same period was 4%, per annum.
Nicaragua procured 590 tonnes of tallow fat in 2019.