Palm oil domestic consumption in Ghana is projected to rise from 418 thousand metric tons in 2024 to 435 thousand metric tons by 2028. The consumption was at 412 thousand metric tons in 2023, indicating an upward trend. The year-on-year variation shows a stable growth rate around 1.4% from 2024 and onward. The compound annual growth rate (CAGR) over the last five years stands at approximately 1.1%, reflecting steady market demand.

Future trends to watch for include:

Potential fluctuations in global palm oil prices impacting domestic consumption.
Trade policies and import-export regulations affecting supply chains.
Shifts in consumer preferences towards sustainable and organic products.
Technological advancements in agricultural practices enhancing productivity.