Grocery market in Nicaragua
The Nicaraguan Grocery eCommerce market is predicted to reach US$38.6 million by 2023 and accounts for 5.3% of the total eCommerce market in Nicaragua. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 10.5%, resulting in a projected market volume of US$57.6 million by 2027. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.
Market development
eCommerce revenue development in the Other Alcoholic Beverages market in Nicaragua
The Nicaraguan Other Alcoholic Beverages eCommerce market is predicted to reach US$0.2 million by 2023 and accounts for 2.2% of the Alcoholic Beverages eCommerce market in Nicaragua. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 14.6%, resulting in a projected market volume of US$0.4 million by 2027. The Other Alcoholic Beverages eCommerce market is a sub-market of the Alcoholic Beverages market. Further categories within the Alcoholic Beverages market are: Beers, and Wine & Liquors.
eCommerce revenue development in the Other Alcoholic Beverages market in Nicaragua
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Other Alcoholic Beverages market in Nicaragua
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 88.5 | 48.2 | 56.8 | 27.8 | 30.4 | 25.6 | 90.0 | 75.9 |
| AOV (in US$) | 0.5 | 0.7 | 0.6 | 0.4 | 0.9 | 0.3 | 0.1 | 0.6 |
| CVR (in %) | 14.0 | 52.8 | 8.2 | 15.6 | 25.2 | 81.2 | 60.2 | 70.0 |
Market definition
Definition of the Other Alcoholic Beverages market within the Grocery market
Market definition: Grocery > Beverages > Alcoholic Beverages > Other Alcoholic Beverages The category Other Alcoholic Beverages includes the online trade of hard steltzer, ciders, alcopops, and more. This category does not cover wine, liquor or beer. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Hard steltzer
- Ciders
- Alcopops
- Sparkling wine and champagne
- Liqour mixed drinks
- Beer mixed drinks
Out-of-scope
- Wine
- Liquor
- Beer
Select sub-category