Ghana Bakery Industry Outlook 2018

See how Ghana Bakery performed compared to key markets.

Key Market Indicators

Ghanaian Bread Exports Surge by Nearly 70% in 2018 In a remarkable economic development, Ghanaian bread exports saw a substantial increase in 2018. The total value of bread exports from Ghana reached approximately $3.95 million, a sharp rise from the $2.33 million recorded in 2017. This marks a significant 70% growth compared to the previous year. The upward trend in bread exports has been consistent since 2001, with an average annual increase of 30%. This impressive growth highlights the expanding reach and demand for Ghanaian bread in international markets. Meanwhile, the import scene for Ghanaian bread showed a slight decline. In 2018, bread imports totaled around $20.64 million, slightly down from $20.74 million in 2017. This represents a modest 0.5% decrease compared to the previous year. Since 2001, the demand for imported bread in Ghana has been on a downward trajectory, with an average annual decline of 6.6%. This trend reflects a growing self-sufficiency in bread production within the country.

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