The demand for cassava in Ghana shows a consistent upward trajectory from 2024 to 2028. In 2023, the actual demand stood at 21.38 million metric tons. The forecasted data predicts a gradual increase:
- From 2024 to 2025, an increase of approximately 1.11%
- From 2025 to 2026, an increase of approximately 1.05%
- From 2026 to 2027, an increase of approximately 1.04%
- From 2027 to 2028, an increase of approximately 1.03%
Over the five-year period from 2024 to 2028, the CAGR is estimated to be around 1.06%. This indicates a stable yet modest annual growth in demand for cassava.
Future trends to watch for include potential impacts of agricultural innovations, climate change, and policy shifts that could affect production capacities and consumption patterns. Additionally, monitoring economic factors and population growth will be crucial in forecasting cassava demand beyond 2028.
