Forecast: Poultry Meat Production in Ghana

The poultry meat production in Ghana has shown a general upward trend from 2014 to 2023, with some fluctuations. The production volume stood at 66.0 thousand metric tons in 2023, reflecting a compounded annual growth rate (CAGR) of 0.31% over the past five years. There were noticeable year-on-year variations, such as a significant increase of 12.07% in 2018, followed by a 5% decline in 2020. The past two years showed stabilization with a minimal growth rate of 1.54% in 2022 and no change in 2023.

Looking ahead to future trends:

• Forecasts suggest a moderate yet consistent growth, with the 2028 forecasted production reaching 69.6 thousand metric tons.
• The 5-year CAGR from 2023 to 2028 is projected at 0.79%, indicating steady but slow growth.
• Attention should be paid to factors like feed costs, disease outbreaks, and import-export dynamics that could influence production volumes.