The wheat distribution in Ghana is forecasted to increase from 1.09 million metric tons in 2024 to 1.17 million metric tons in 2028. In 2023, it stood at approximately 1.07 million metric tons, indicating a consistent upward trend.
Year-on-year variations show incremental growth:
- 2024 to 2025: +1.83%
- 2025 to 2026: +1.80%
- 2026 to 2027: +1.77%
- 2027 to 2028: +1.74%
Analyzing over the last two years, we see an average annual growth rate of 1.8%. The Compound Annual Growth Rate (CAGR) over the five-year forecast is approximately +1.79% per year.
Future trends to watch for:
- Climate change impacts on wheat production.
- Technological advancements in agriculture.
- Policy changes affecting import-export dynamics.
- Market demand shifts driven by population growth and dietary changes.
