Forecast: Broiler Meat Supply in Ghana

The broiler meat supply in Ghana was 200.0 thousand metric tons in 2013, declining significantly by 30% in 2014 to 140.0 thousand metric tons. This declining trend slightly corrected with a 10% increase in 2015. However, in 2016, supply again dropped by 17.53%. From 2017 to 2022, the supply experienced fluctuations but generally increased modestly. In 2023, the supply stood at 152.0 thousand metric tons, with a year-on-year increase of 1.33%. Over the last five years, the CAGR is 1.37%, indicating a slow but steady rise.

Future trends indicate a potential steady increase in broiler meat supply in Ghana, with forecasts showing a 5-year CAGR of 1%, leading to a projected supply of 162.0 thousand metric tons by 2028. Monitoring these trends can provide insights into market demands and production capacities.

Future trends to watch for:

• Potential impacts of economic policies on agriculture
• Developments in local broiler production capabilities
• Effects of global market conditions on Ghana's imports