In 2023, Ghana's banana production stood at 102.26 thousand metric tons. Based on the forecasted data, production is expected to reach 104.62 thousand metric tons in 2024, 107.04 thousand metric tons in 2025, 109.41 thousand metric tons in 2026, 111.74 thousand metric tons in 2027, and 114.02 thousand metric tons in 2028.
- Year-on-year variations are as follows:
2024: +2.30%
2025: +2.32%
2026: +2.21%
2027: +2.13%
2028: +2.04%
- The last Compound Annual Growth Rate (CAGR) for the period 2024 to 2028 is approximately +2.20% per year.
Future trends to watch for include the potential impacts of climate change on yield, technological advancements in agricultural practices, and market demand fluctuations. Additionally, policy changes and infrastructural improvements can significantly influence the banana production landscape in Ghana.