Analysis of Oilseeds Seed in Ghana indicates a stable production ranging from 25.0 to 33.0 Thousand Metric Tons over the last decade. In 2023, the value stood at 31.0 Thousand Metric Tons. The year-on-year variation for 2023 was 0%, reflecting a stabilization in the market. Notable variations include a 19.23% increase in 2018 followed by a slight 3.23% decline in 2019. The forecasted data from 2024 onwards suggest a gradual increase, reaching 33.0 Thousand Metric Tons by 2028 with an expected CAGR of 1.26% over the next five years.
Future trends to watch for:
- Potential impacts of climate change on oilseeds production.
- Government policies and subsidies influencing market dynamics.
- Technological advancements in agricultural practices.
- Trends in global demand and export opportunities.