Ghana's soybean production has shown periodic volatility and an overall average increase in recent years. In 2023, production stood at 161.0 thousand metric tons, marking a 0.63% increase year-on-year. Over the last five years, the compound annual growth rate (CAGR) averaged 1.16%. Notably, production saw significant jumps in 2017 (+18.88%) and declines in 2018 (-10.59%) and 2020 (-4.39%). The forecasted data predicts a gradual rise in soybean production, reaching 166.7 thousand metric tons by 2028 with a CAGR of 0.55% over the next five years.

Future trends to watch for include:

Climate change impacts affecting crop yield stability.
Technological advancements in agriculture improving production efficiency.
Government policies and subsidies aimed at boosting soybean farming.
Economic factors influencing the investment and resource allocation in the agriculture sector.