In 2023, Ghana's sorghum supply stood at 374.0 thousand metric tons. The forecasted data for the upcoming years indicate a gradual increase in supply: 378.0 thousand metric tons in 2024, 382.0 in 2025, 386.0 in 2026, 390.0 in 2027, and 393.0 in 2028. The year-on-year variation shows a consistent growth of approximately 1.06% annually.
Over the last two years, the sorghum supply has shown a steady increase, reflecting positive agricultural trends and possibly effective government policies or favorable climate conditions. The compound annual growth rate (CAGR) over the next five years is expected to be around 1.00%, indicating a stable but slow-paced growth in supply.
Future trends to watch for include advancements in agricultural practices, changes in governmental policies, climate variability, and the dynamics of domestic and global demand for sorghum. Monitoring these factors will provide better insights into the sustainability and potential acceleration of growth in the sorghum supply chain in Ghana.
