Based on the provided data, the per capita wine consumption in Ghana is projected to decline sharply from 2023 to 2028. In 2023, the actual wine market size volume per capita was already low, and forecasts for the following years reflect a significant downward trend.
- 2024: 0.084 kg per capita (forecasted)
- 2025: 0.069 kg per capita (forecasted, showing a decline of approximately 17.9% compared to 2024)
- 2026: 0.054 kg per capita (forecasted, another drop of roughly 21.7% from 2025)
- 2027: 0.04 kg per capita (forecasted, a further decrease of 25.9% from 2026)
- 2028: 0.026 kg per capita (forecasted, declining 35% from 2027)
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is negative and reflects an average annual decline in per capita consumption over this period.
Future trends to watch for include changes in consumer preferences, possible economic factors influencing the market, and shifts in import regulations or local wine production capabilities that might alter consumption patterns.
