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[ 英語タイトル ] Ghana Grain Market - Growth, Trends and Forecast (2020 - 2025)

Product Code : MDAG0082118
Survey : Mordor Intelligence
Publish On : February, 2021
Category : Agriculture and Allied Activities
Report format : PDF
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[Report Description]

The Ghana grain market is projected to grow at a CAGR of 4.4% for the forecast period (2020-2025). The Ghanaian grain market caters mainly to domestic demands. The grain market mainly includes cereals, pulses, and oilseeds. Ghana is not a self-sufficient country when it comes to the cereal market, and various cereals are imported from other countries to satisfy domestic needs.

According to FAO, maize is the most widely cultivated cereal, with a production of 2.3 million metric tons in 2018. Rice and sorghum are next on the list of the most cultivated crops in Ghana with the production of 769 thousand million metric tons and 316 thousand metric tons respectively. Beans and peas are the most widely cultivated pulses, while groundnut is most cultivated oilseed. Maize production in Ghana witnessed a nominal CAGR of 2.8 %. As the trend suggests, the grain market in Ghana is expected to witness slow but steady growth over the forecast period.

Key Market Trends

Maize Dominates the Grain Market in Ghana.

Maize is the major grain cereal in Ghana as it is grown in the entire agro-ecological zones. It occupies about 31% of food crops under cultivation and constitutes 70% of cereal production. According to FAO, the production of maize increased to 2.3 million metric tons in 2018 as compared to 1.7 million metric tons in 2016. An increase in the production of maize is due to the high demand for domestic consumption in Ghana where the per capita consumption accounts for 40 Kg/year in 2017. Need to meet domestic consumption drives the market growth.

Favorable Government Policies is Supporting the Market Growth

Ghana is a net importer of Rice and Wheat. However, the Government of Ghana has brought many structural changes in its policies favoring the regional development of grains to boost domestic production by reducing the imports. In 2017, the government introduced 50% subsidy on rice and corn seed, as well as fertilizer to spur domestic rice and corn production. With this the government is intended to its reduce its rice imports by 10% by 2020. The Ghana Grains Council in collaboration with various stakeholders is bringing a standaridized pricing policy to promote competitiveness in the grain industry of Ghana. Further, the council is partnering with companies such as FinComEco, the fully integrated Financial & Commodities Ecosystem serives is develping a range of projects and initiatives in agricultural commodity sector, especially grains in the region.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 PESTLE Analysis

5.1 Cereal
5.1.1 Production Analysis
5.1.2 Consumption Analysis and Market Value
5.1.3 Import Market Analysis (Volume and Value)
5.1.4 Export Market Analysis (Volume and Value)
5.1.5 Price Trend Analysis
5.2 Pulse
5.2.1 Production Analysis
5.2.2 Consumption Analysis and Market Value
5.2.3 Import Market Analysis (Volume and Value)
5.2.4 Export Market Analysis (Volume and Value)
5.2.5 Price Trend Analysis
5.3 Oilseed
5.3.1 Production Analysis
5.3.2 Consumption Analysis and Market Value
5.3.3 Import Market Analysis (Volume and Value)
5.3.4 Export Market Analysis (Volume and Value)
5.3.5 Price Trend Analysis

6 International Trade and Price Scenarios (Major Crops)
6.1 Maize
6.2 Rice
6.3 Sorghum
6.4 Palm Oil
6.5 Cow peas
6.6 Millet
6.7 Beans
6.8 Soybeans

7.1 Distribution Network and Retail Analysis
7.2 List/Profile of Key Players




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