In 2023, wheat consumption in Ghana was recorded at 863.0 thousand metric tons. The forecasted data from 2024 to 2028 shows a consistent upward trend. Year-on-year growth highlights an annual increase of approximately 2.5% from 2024 to 2025, 2.4% from 2025 to 2026, 2.3% from 2026 to 2027, and 2.3% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years stands at around 2.4%, indicating steady growth in wheat consumption.
Future trends to watch for:
• The impact of population growth and urbanization on wheat demand.
• Changes in dietary preferences and increased per capita wheat consumption.
• Potential influence of government policies on agricultural imports and local production.
• Economic factors such as income growth and inflation affecting purchasing power and consumption patterns.
