In 2023, the actual millet demand in Ghana stood at 188 thousand metric tons. The forecast for 2024 is expected to reach 190.2 thousand metric tons, showing a slight year-on-year increase. The upward trend continues with predictions for 192.3 in 2025, 194.4 in 2026, 196.4 in 2027, and 198.4 thousand metric tons in 2028.
The year-on-year variations show a steady increase of approximately 1.1% per year. Over the past two years, from 2023 to 2025, the cumulative increase is around 2.45%. The Compound Annual Growth Rate (CAGR) over the forecasted five years from 2024 to 2028 averages around 1.1% per year, indicating slow but consistent growth in millet demand.
Future trends to watch for include changes in dietary preferences, government policies supporting millet cultivation, and potential impacts of climate change on crop yields. Monitoring these factors will be essential for understanding the longer-term dynamics of millet demand in Ghana.
