Ghana: Sweet Potato Market 2022

Sweet Potato Market Size in Ghana

In 2021, the Ghanian sweet potato market decreased by less than X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Sweet Potato Production in Ghana

In value terms, sweet potato production shrank slightly to $X in 2021 estimated in export price. Overall, production saw a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

In 2021, the average yield of sweet potatoes in Ghana fell slightly to X tons per ha, standing approx. at the previous year. In general, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by less than X% against the previous year. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sweet potato harvested area in Ghana stood at X ha in 2021, stabilizing at 2020 figures. In general, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by less than X% against the previous year. The sweet potato harvested area peaked at X ha in 2017; however, from 2018 to 2021, the harvested area failed to regain momentum.

Sweet Potato Exports

Exports from Ghana

In 2021, sweet potato exports from Ghana soared to X tons, with an increase of X% compared with the previous year. In general, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, sweet potato exports surged to $X in 2021. Over the period under review, exports, however, recorded a deep setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), the United States (X tons) and Canada (X tons) were the main destinations of sweet potato exports from Ghana, together accounting for X% of total exports. These countries were followed by Italy, South Africa, the Netherlands and Germany, which together accounted for a further X 2012 to 2021, the biggest increases were in Germany (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for sweet potato exports from Ghana, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Italy (+X% per year).

Export Prices by Country

In 2021, the average sweet potato export price amounted to $X per ton, declining by -X% against the previous year. In general, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 2021, overseas purchases of sweet potatoes decreased by less than X% to X tons for the first time since 2014, thus ending a six-year rising trend. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2020, and then fell slightly in the following year.

In value terms, sweet potato imports reached $X in 2021. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest sweet potato supplier to Ghana, with a X% share of total imports. Moreover, sweet potato imports from Egypt exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. Togo (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Togo (+X% per year).

In value terms, Egypt ($X), Belgium ($X) and China ($X) constituted the largest sweet potato suppliers to Ghana, together comprising X% of total imports.

Egypt, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2021, picking up by less than X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Togo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced a decline.

Kaynak: IndexBox Platformu