Forecast: Pork Production in Ghana

Pork production in Ghana stood at 28,000 metric tons in 2023. Analyzing past trends, we observe that production grew steadily from 23,000 tons in 2014 to 28,000 tons in 2023, with some fluctuations. The notable year-on-year variation includes an 8.7% increase in 2015 and an 8% increase in 2017, while a minor decline of 1.48% was seen in 2020. The Compound Annual Growth Rate (CAGR) over the last five years is 0.73%, indicating modest but consistent growth.

Forecast data from 2024 to 2028 suggest a continued steady rise, with a forecasted 5-year CAGR of 0.77% and an overall growth of 3.89% by 2028. This consistent upward trend points to a stable market environment.

Future trends to watch for:

  • Technological advancements in pork production
  • Impact of trade policies on import and export dynamics
  • Changing consumer preferences and their effect on demand
  • Environmental and sustainability practices in the pork industry

Top Countries about Animal Feed