The potatoes market in Ghana saw fluctuations in the past, ranging from a value of 4.0 thousand metric tons in 2014, 2015, 2018, 2019, 2021, 2022, and 2023, with notable variations such as a 25% increase in 2016 and a 20% decline in 2018. Despite these variations, the market experienced some stabilization between 2022 and 2023, with no year-on-year change. The Compound Annual Growth Rate (CAGR) over the last five years is 0%, indicating no net growth or decline.
Future trends to watch include a slight decrease in market volume with a forecasted 5-year CAGR of -0.51%, indicating a potential 2.5% decrease over this period. Key factors to monitor include climatic changes, import/export policies, and domestic production capabilities which might influence market dynamics.
