Forecast: Manganese Ore Production, Manganese Content, in Ghana

The manganese ore production in Ghana, expressed in thousand metric tons, showed considerable fluctuations from 2013 to 2023. In 2023, production stood at 481.0 thousand metric tons. During this period, the year-on-year variation in production exhibited significant variances with notable declines in 2014 and 2020, and notable growth in 2021. The compound annual growth rate (CAGR) over the past five years was 0.89%, reflecting a slow but steady increase in production.

In the forecasted period from 2024 to 2028, production is expected to continue to increase, although at a modest CAGR of 0.67%. The projected 5-year growth rate until 2028 stands at 3.4%. Key trends in this period include a gradual and steady increase in production levels as the sector stabilizes post-2020 disruptions.

Future trends to watch for:

• Stabilization of production levels reducing dramatic year-on-year variances.
• Enhanced mining technologies improving yield efficiency.
• Global market demand fluctuations impacting export levels.
• Infrastructure developments potentially facilitating higher production volumes.