In 2023, Ghana's oilseeds export volume stood at a noteworthy level, setting the foundation for the forecasted growth. For the year 2024, the oilseeds export volume is projected to be 82.77 thousand metric tons. This data provides a clear trajectory of growth, with an increase to 85.36 thousand metric tons in 2025, followed by 87.89 thousand metric tons in 2026, 90.38 thousand metric tons in 2027, and ultimately reaching 92.82 thousand metric tons in 2028.
The year-on-year variation from 2024 to 2025 represents an increase of approximately 3.13%. The subsequent years show similar growth trends, with a 2.96% increase from 2025 to 2026, a 2.83% rise from 2026 to 2027, and a 2.70% growth from 2027 to 2028. Over the span of these five years, the compound annual growth rate (CAGR) is indicative of consistent upward momentum.
Future trends to watch for include potential shifts in global market demand, changes in trade policies, advancements in agricultural techniques, and the impact of climate change on crop yields. Monitoring these factors will be crucial for understanding the sustainability and potential adjustments in the projected growth of Ghana’s oilseeds export volume.