The primary oilseeds production in Ghana in 2023 stood at 897.50 thousand metric tons. The forecasted production values from 2024 to 2028 show a steady increase: 911.85, 928.52, 944.86, 960.88, and 976.57 thousand metric tons, respectively. This corresponds to year-on-year increases of around 1.83% from 2024 to 2025, 1.76% from 2025 to 2026, 1.69% from 2026 to 2027, and 1.64% from 2027 to 2028. Over the last five years, the compound annual growth rate (CAGR) of primary oilseeds production is approximately 1.71%.
Future trends to watch for:
- Sustainability practices in agriculture and their impact on yield.
- Technological advancements in farming and production processes.
- Market demand fluctuations due to economic and environmental factors.
- Government policies and trade agreements affecting agricultural exports.