Beef meat production in Ghana has shown fluctuating trends from 2014 to 2023, with the production standing at 26.0 thousand metric tons in 2023. After a dip in 2017, the production saw significant growth in 2018 and a steady pace thereafter. Year-on-year, there was no variation in 2022 and 2023, indicating a period of stability. Over the last two years, the growth has been flat, at 0%. The compound annual growth rate (CAGR) over the last five years is also 0%, reflecting consistency in production levels.
Moving forward, forecasted data indicate a gradual increase in beef meat production, reaching 27.05 thousand metric tons by 2028. This suggests a forecasted CAGR of 0.59%, with an overall growth rate of 2.97% over the next five years. Trends to watch for include potential impacts from climate change, policy changes, and market demand fluctuations which could influence future production rates.
