The forecasted supply of cotton in Ghana shows a stable and slight upward trend from 2024 to 2028. In 2023, the actual supply stood at 35.0 thousand units (480 lb. Bales). This indicates a steady growth rate of approximately 2.86% from 2023 to 2024, with a subsequent stabilization observed in subsequent years where the supply remains constant at 37.0 thousand units from 2025 to 2028.

Year-on-year variations over the last two years indicate a minimal increase, reinforcing a stable supply in the short to medium term. The Compound Annual Growth Rate (CAGR) over the five-year period reveals a modest and consistent growth rate.

Future Trends to Watch For:

Global cotton price fluctuations and their subsequent implications on local production.
Technological advancements in agriculture which could affect yield and efficiency.
Government policies and initiatives aimed at increasing cotton production in Ghana.
Potential impacts of climate change on crop yield and supply stability.