Forecast: Primary Oilseeds Yield in Ghana

The primary oilseeds yield in Ghana is forecasted to follow a gradual upward trend from 2024 to 2028, increasing annually from 8.35 to 8.43 thousand hectograms per hectare. In 2023, the yield stood at 8.33, indicating a slight but steady annual increase. The year-on-year variation is marginal, averaging around 0.24% per year over the forecast period. Examining the Compound Annual Growth Rate (CAGR), there is an expected consistent growth of approximately 0.25% per year.

Looking ahead, it is critical to monitor factors such as advancements in agricultural techniques, climate change impacts, as well as political and economic stability, all of which will influence future yields in the oilseeds sector. Additionally, the adoption of high-yield seed varieties and improved irrigation systems could further accelerate growth trends.