Ghana: Sweet Potato Market 2024

Sweet Potato Market Size in Ghana

The Ghanian sweet potato market was estimated at $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a slight decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sweet Potato Production in Ghana

In value terms, sweet potato production stood at $X in 2022 estimated in export price. In general, production, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Sweet potato production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of sweet potatoes in Ghana declined slightly to X tons per ha in 2022, stabilizing at 2021. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average sweet potato yield remained at a 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 sweet potato harvested area in Ghana totaled X ha, approximately mirroring the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to sweet potato production reached the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Sweet Potato Exports

Exports from Ghana

In 2022, after two years of decline, there was growth in overseas shipments of sweet potatoes, when their volume increased by X% to X tons. In general, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sweet potato exports amounted to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for sweet potato exports from Ghana, with a X% share of total exports. Moreover, sweet potato exports to Canada exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

In value terms, Canada ($X), Germany ($X) and France ($X) constituted the largest markets for sweet potato exported from Ghana worldwide, together accounting for X% of total exports.

France, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average sweet potato export price amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the 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 Germany ($X per ton), while the average price for exports to France ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into Ghana

In 2022, overseas purchases of sweet potatoes were finally on the rise to reach X kg for the first time since 2016, thus ending a five-year declining trend. In general, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, sweet potato imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of sweet potato to Ghana, with a X% share of total imports. Moreover, sweet potato imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the largest sweet potato suppliers to Ghana were the United States ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price posted notable growth. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 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 Netherlands ($X per ton), while the price for the United States totaled $X per ton.

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

Source: IndexBox Platform