Based on the provided forecast data, the pelagic fish market size volume per capita in Ghana is expected to see steady growth. Starting in 2024 with a per capita consumption of 18.5 kg, it is projected to increase incrementally each year, reaching 19.15 kg by 2028. This represents a consistent upward trend over the forecast period. Compared to the actual volume in 2023, which stood at 18.33 kg, the year-on-year variation percentage shows small but steady increases, indicative of a growing market.
Key variations: - 2024: +0.93% - 2025: +0.92% - 2026: +0.86% - 2027: +0.84% - 2028: +0.84%
The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 0.85% annually.
Future trends to watch for: - Potential policy changes affecting fishing practices. - Environmental concerns impacting fish populations. - Changes in consumer dietary preferences. - Economic factors influencing purchasing power and consumption habits.
