The seed-cotton production in Ghana stood at 11.03 thousand metric tons in 2023. Historical data from 2013 to 2023 demonstrates a gradual but consistent decline in production volume. For instance, production fell from 14.0 thousand metric tons in 2013 to 11.03 thousand metric tons in 2023. The year-on-year variation for 2022–2023 was -3.02%, and the compound annual growth rate (CAGR) over the last five years was -2.97%. Forecasts indicate a continued downward trend, with a projected value drop to 9.23 thousand metric tons by 2028, translating to a 5-year forecasted CAGR of -2.82% and an overall decrease of 13.33%.
Future trends to watch for:
-Technological advancements in agricultural practices may counterbalance the decline.
-Government policies and subsidies targeted at reviving cotton production.
-Climate change impact and possible mitigation strategies.
-Global market demands and their influence on local production incentives.
