Forecast: Nuts Production in Ghana

The nuts production in Ghana has shown substantial fluctuations in the past decade, peaking in 2017 at 116 thousand metric tons and experiencing a notable dip in 2018. From 2019 onwards, production oscillated between 102.6 to 115 thousand metric tons. In 2023, it stood at 115 thousand metric tons, marking a steady year-on-year variation of 1.77% and an average CAGR of 3.04% over the last five years. Projections indicate a stable growth pattern from 2024 to 2028, with a forecasted 5-year CAGR of 1.49%, resulting in a total growth rate of 7.67% by 2028.

Future trends to watch for include:

- Technological advancements in agricultural practices.

- Impact of climate change on nut yield and quality.

- Government policies and international trade agreements affecting production and export.

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