Analysis of wine consumption per capita in Ghana, measured in liters of pure alcohol, indicates a declining trend from 2024 through 2028. In 2023, the consumption stood at a certain value, which served as a baseline for forecasts.
Year-on-year variations for the forecasted data are as follows:
- From 2024 to 2025: -4.65%
- From 2025 to 2026: -2.44%
- From 2026 to 2027: -5%
- From 2027 to 2028: -5.26%
Observing the compound annual growth rate (CAGR) for the period from 2024 to 2028 shows an average annual decline in wine consumption per capita.
Future trends to watch for include changes in consumer preferences, potential increases in disposable income, and shifts in local regulations regarding alcohol consumption. Additionally, the influence of global wine market trends, such as innovation in product offerings and marketing strategies, will also play a significant role in shaping the future consumption patterns in Ghana.
