The production of coconuts and copra in Ghana has shown a mild, fluctuating growth trend over the past decade. From 2014 to 2023, the production value started at 380.0 thousand metric tons and rose moderately to 397.0 thousand metric tons, with occasional dips and peaks. Notably, 2018 experienced a significant 3.13% increase, while 2020 saw a notable decrease of 4.76%. However, 2021 marked a recovery with a 5.8% increase. The compound annual growth rate (CAGR) over the last five years stands at 0.1%, indicating overall steady growth despite some annual fluctuations.
Looking at future trends, the forecast suggests a continued gradual rise in production, reaching 402.63 thousand metric tons by 2028 with a forecasted five-year CAGR of 0.22%. This implies a long-term growth trajectory with expected improvements in agricultural practices or market conditions.
Future trends to watch for include advancements in agricultural technologies, government policies supporting coconut and copra industries, climate change impacts, and global market demand dynamics that could influence Ghana's production levels.
