In 2023, green coffee production in Ghana stood at "376.4" Metric Tons. As we move into 2024, forecasted production is expected to decline to "308.7" Metric Tons, reflecting a year-on-year decrease of approximately -18%. The decreasing trend continues into 2025 with a forecasted value of "252.2" Metric Tons, indicating a further decline of roughly -18.7%. By 2026, production is anticipated to drop to "196.9" Metric Tons, showing a reduction of around -21.9% from the previous year. The downward trajectory persists, with 2027 expected to produce "142.7" Metric Tons, marking a -27.5% decrease. Finally, 2028 is projected to have the most significant drop to "89.6" Metric Tons, illustrating a -37.2% decrease year-on-year.
Key variations and trends observed include:- From 2024 to 2025: -18%- From 2025 to 2026: -21.9%- From 2026 to 2027: -27.5%- From 2027 to 2028: -37.2%The overall Compound Annual Growth Rate (CAGR) reflects an average annual decrease of approximately -25% over the five-year forecast period starting from 2024 to 2028.
Future trends to watch for:- Potential impacts of climate change on coffee agriculture.- Increasing demand for sustainable and ethical coffee production.- Investments and innovations in agricultural practices.- Diversification into other crops by coffee farmers.
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