In 2023, Ghana's whole fresh cow milk production was at 48.43 thousand metric tons. This represents a year-on-year increase of 1.07% from 2022 and a Compound Annual Growth Rate (CAGR) of 1.08% over the last five years. This steady growth trend can be observed since 2013, with notable variations such as a decline of 3.78% in 2020, followed by a significant recovery of 6.47% in 2021.
From 2024 onwards, production is forecasted to continue its upward trajectory, reaching 51.12 thousand metric tons by 2028. The forecasted 5-year CAGR is 0.85%, with an overall growth rate of 4.34% during this period.
Future trends to watch for include technological advancements in dairy farming, increased investments, and government initiatives aimed at bolstering local milk production. Additionally, monitoring the impacts of climate change and market dynamics will be crucial for future production levels.
