The demand for oranges and mandarines in Ghana experienced varied growth rates over the past decade. In 2023, it stood at 749 thousand metric tons. The market showed a notable fluctuation: for instance, a substantial growth of 7.84% in 2018, followed by a slight decline in subsequent years. The period from 2021 to 2023 saw modest increases, culminating in a year-on-year growth of 0.54% in 2023. The five-year CAGR from 2019 indicates a moderate average annual growth of 0.16%. Forecasts suggest the demand will continue to rise, reaching 771.69 thousand metric tons by 2028, with an expected five-year CAGR of 0.47%.
Future trends to watch for:
- Potential impacts of economic development on consumer purchasing power and fruit consumption.
- Shifts in agricultural practices or policies affecting local orange and mandarine production.
- Possible effects of climate change on fruit supply and seasonality.