Ghana's import of agricultural raw materials is expected to exhibit a continuous upward trend from 2024 through 2028, forecasted to rise from 3.76% in 2024 to 4.48% in 2028. This indicates an annual average growth rate (CAGR) of approximately 4.5% over this period. Comparing the data from 2023 to 2024, there is a noticeable increase projected, continuing the prior year's growth.
Year-on-year variations: • 2024-2025: +5.1% • 2025-2026: +4.6% • 2026-2027: +4.1% • 2027-2028: +4.2%
Future trends to watch for include potential impacts of global agricultural commodity prices, shifts in domestic agricultural policies, investment in local agricultural productivity, and the influence of climate change on crop yields. Adapting to these factors will be crucial for stakeholders in the agricultural import sector in Ghana.
