The sorghum processing industry in Africa shows a gradual decline in volume, starting from 1.95 million metric tons in 2014 and falling to 1.73 million metric tons by 2023. The year-on-year variation for the past couple of years indicates this downward trend, with a -0.69% change from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years is -0.52%, further reflecting the general decline in production volume.
The last decade highlights a consistent reduction in volume, particularly noticeable after 2014, where the industry experienced significant dips such as a -5.19% change in 2015 and a -3.06% drop in 2018. Though minor positive fluctuations in years like 2016 did occur, they were not substantial enough to reverse the declining trend.
Looking ahead, projections to 2028 showcase a continued reduction, with a forecasted 5-year CAGR of -0.58% and cumulative decline of -2.86%. This suggests a persistent downward trajectory in the industry’s output.
Future trends to watch for include technological advancements in crop yield, changes in agricultural policies, and shifting consumption patterns that may influence sorghum demand and production. Monitoring these factors could illuminate potential areas for stabilization or rejuvenation within the industry.
