Based on the provided data, Ghana's wheat domestic consumption is set to increase from 2024 to 2028. Consumption stood at 901 Thousand Metric Tons in 2024 and is forecasted to rise to 991 Thousand Metric Tons by 2028. The year-on-year growth rates are as follows: from 2024 to 2025, the increase is 2.55%; from 2025 to 2026, the increase is 2.38%; from 2026 to 2027, the increase is 2.43%; and from 2027 to 2028, the increase is 2.27%. The CAGR over this five-year period is approximately 2.41%.
In analyzing these trends, it's relevant to note that increasing urbanization, population growth, and changing dietary preferences are likely driving factors behind this rising demand. Future trends to watch for include the impact of climate change on wheat supply, advancements in agricultural technology, and policy changes affecting import tariffs and subsidies.
