Forecast: Sugar Cane Market Size Volume Per Capita in Ghana

In 2023, the Sugar Cane Market Size Volume Per Capita in Ghana stood at 4.60 kilograms. The forecasted data from 2024 to 2028 indicate a gradual decrease in per capita consumption: 4.58 kg in 2024, 4.56 kg in 2025, 4.53 kg in 2026, 4.51 kg in 2027, and 4.48 kg in 2028. Analyzing the year-on-year variations, we observe a decline of approximately 0.44% from 2024 to 2025, 0.66% from 2025 to 2026, 0.44% from 2026 to 2027, and 0.67% from 2027 to 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) suggests an average annual decrease of around 0.52%.

Future trends to watch include potential impacts from changes in agricultural policies, technological advancements in sugar cane production, and shifts in domestic and international market demand. Special attention should be given to climate change factors and their possible effects on crop yields, which could further influence per capita consumption rates.

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