Ghana: Root And Tuber Market 2024

Root And Tuber Market Size in Ghana

The Ghanian root and tuber market totaled $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Root And Tuber Production in Ghana

In value terms, root and tuber production rose significantly to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average root and tuber yield in Ghana dropped modestly to X tons per ha, remaining constant against 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the average root and tuber yield attained the peak level at X tons per ha in 2021, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of roots and tubers production in Ghana contracted to X ha, standing approx. at 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the harvested area increased by X%. The root and tuber harvested area peaked at X ha in 2019; afterwards, it flattened through to 2022.

Root And Tuber Exports

Exports from Ghana

In 2022, the amount of roots and tubers exported from Ghana rose notably to X tons, surging by X% against 2021. In general, exports recorded strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, root and tuber exports expanded remarkably to $X in 2022. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), the UK (X tons) and South Africa (X tons) were the main destinations of root and tuber exports from Ghana, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for root and tuber exported from Ghana were the United States ($X), the UK ($X) and Canada ($X), together accounting for X% of total exports. The Netherlands, South Africa, Italy, France, Belgium and Niger lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, South Africa, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average root and tuber export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into Ghana

After three years of growth, overseas purchases of roots and tubers decreased by X% to X tons in 2022. Overall, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, root and tuber imports reduced to $X in 2022. In general, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest root and tuber supplier to Ghana, accounting for a X% share of total imports. Moreover, root and tuber imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of roots and tubers to Ghana, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with an X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and the United States (X% per year).

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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