In 2023, Ghana's paddy rice production stood at approximately 1.0380 million metric tons. The forecasts for 2024 onward show a steady increase in production: 1.0757 million metric tons in 2024, 1.1145 million metric tons in 2025, 1.1525 million metric tons in 2026, 1.1898 million metric tons in 2027, and 1.2263 million metric tons in 2028.
Year-on-year variation:
- 2023-2024: 3.6%
- 2024-2025: 3.6%
- 2025-2026: 3.4%
- 2026-2027: 3.2%
- 2027-2028: 3.1%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximated at 3.4%. This reflects a consistent and positive growth trend in paddy rice production in Ghana, supported by improved farming techniques and government initiatives.
Future trends to watch for include the impact of climate change on crop yields, enhancements in irrigation infrastructure, and the adoption of high-yield rice varieties. Additionally, monitoring market demand and regional export opportunities will be crucial for sustaining growth in this sector.