Ghana's cassava production has shown a general upward trend from 2013 to 2023, with volumes growing from 15.99 million metric tons in 2013 to 24.955 million metric tons in 2023.
The year-on-year variation has fluctuated, reaching a peak of 11.31% in 2014 but also experiencing contractions, such as a -3.29% dip in 2015 and a -3.56% decrease in 2020. Despite these fluctuations, the overall compound annual growth rate (CAGR) over the last five years (2018-2023) stands at 3.66%, indicating a steady increase.
Looking forward, the forecasted data for 2024-2028 suggests a continued but slower growth rate, with a five-year CAGR of 2.17% and an overall five-year growth rate of 11.35%, reaching 28.652 million metric tons by 2028.
Future trends to watch for include:
- Potential impacts of climate change on cassava yield.
- Technological advancements in farming techniques.
- Market demand fluctuations influencing production scale.
- Government policies promoting agricultural investments.
