Ghana: Sorghum Market 2024

Sorghum Market Size in Ghana

The Ghanian sorghum market declined to $X in 2022, which is down by -5.7% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -15.2% against 2019 indices. Sorghum consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sorghum Production in Ghana

In value terms, sorghum production declined remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a moderate expansion. The pace of growth appeared the most rapid in 2018 with an increase of 310% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average yield of sorghum in Ghana reached X tons per ha, standing approx. at the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by 10%. Over the period under review, the average sorghum yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. 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 sorghum production in Ghana shrank slightly to X ha, standing approx. at the previous year. The harvested area increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 35%. Over the period under review, the harvested area dedicated to sorghum production reached the maximum at X ha in 2021, and then shrank slightly in the following year.

Sorghum Exports

Exports from Ghana

Sorghum exports from Ghana dropped slightly to X kg in 2022, which is down by -2.5% compared with the year before. Over the period under review, exports, however, saw slight growth. The pace of growth was the most pronounced in 2019 when exports increased by 5,374% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, sorghum exports reduced to $X in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by 7,985%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for sorghum exports from Ghana, with a 61% share of total exports. Moreover, sorghum exports to Burkina Faso exceeded the volume sent to the second major destination, Canada (X kg), twofold. Ireland (X kg) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso totaled -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-21.3% per year) and Ireland (0.0% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for sorghum exports from Ghana, comprising 75% of total exports. The second position in the ranking was taken by Ireland ($X), with an 8% share of total exports. It was followed by Canada, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to Burkina Faso totaled +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (0.0% per year) and Canada (-27.0% per year).

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, which is down by -4.3% against the previous year. Overall, the export price, however, saw a moderate expansion. The growth pace was the most rapid in 2014 when the average export price increased by 131%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Canada ($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 Burkina Faso (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Sorghum Imports

Imports into Ghana

Sorghum imports into Ghana rose remarkably to X tons in 2022, surging by 12% on the previous year's figure. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 1,061%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sorghum imports skyrocketed to $X in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 1,100%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) was the main supplier of sorghum to Ghana, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +51.3%.

In value terms, India ($X) constituted the largest supplier of sorghum to Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +54.3%.

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, with an increase of 16% against the previous year. In general, the import price recorded a moderate increase. The growth pace was the most rapid in 2020 an increase of 24%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +4.2% per year.

Source: IndexBox Platform

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