The onions market in Ghana showed notable fluctuations from 2014 to 2023. Starting at 132,000 metric tons in 2014 and 2015, it spiked to 201,000 metric tons in 2016 before experiencing annual variations. In 2023, the market size reached 233,000 metric tons, marking a 2.64% year-over-year growth, with an average annual growth rate (CAGR) of 2.2% over the last five years.
Future trends to watch for:
- Steady increases in market size with a predicted CAGR of 1.89% over the next five years.
- Projected growth of 9.82% in market volume by 2028, signaling ongoing demand and potential opportunities for stakeholders.
