The beef meat slaughtering industry in Ghana has experienced fluctuation over the past decade. Starting from 175,000 heads in 2013, the number declined to 157,020 heads by 2023. Significant drops were observed in 2014 (-5.58%) and 2016 (-26.64%), with some recovery in 2017 (25.27%). The year-on-year variation for 2022 was -0.34% and for 2023, it further slightly decreased by -0.33%. The compound annual growth rate (CAGR) since 2018 is -1.5%. Future slaughtering volumes are expected to decrease slightly, with the forecast from 2024 showing a gradual decline to 154,270 heads by 2028. The forecasted 5-year CAGR is -0.28%, indicating a relatively stable but mildly decreasing trend.
Looking ahead, trends to watch include potential policy changes in the agricultural sector, impacts from climate change on cattle farming, and technological advancements that may improve meat processing efficiencies. Consumer demand shifts and international trade agreements will also play a significant role in shaping future trends in Ghana’s beef slaughtering industry.
