Ghana’s economic growth was significantly impacted by the COVID-19 pandemic, with real GDP growth of only 0.4 percent. Following the pandemic-induced slowdown, economic recovery was expected to grow in 2022 to 5.5 percent. However, recent economic...
Ghana's National Biosafety Authority approved the release of the GE crop BT Cowpea into the environment and market, marking the first GE crop to be approved for use in Ghana. The approval lasts for ten years and is renewable.
Estimated at a Retail Sale Price (RSP) value of about $350 million in 2021, Ghana’s dairy market presents bright prospects for suppliers of fat filled milk powder (FFMP) despite the recent growth in demand for non-dairy creamers due to their health and wellness tag.
The 2022 FAIRS Annual Country Report provides up to date information on the regulations and procedures for the importation of food and agricultural products to Ghana. A Government of Ghana policy review in March 2022 has increased import duties of general goods, including food and agricultural products.
This report provides information on the certificates required for the importation of food and agricultural products into Ghana, plus further information on food product registration, labeling, import permits and other relevant information to assist U.S. exporters This report complements the FAIRS Annual Country Report for Ghana.
Having pegged its nationally acceptable limit of aflatoxin in peanut at 10 parts per billion (ppb) as far back as 2018, Ghana could well be leading, and not just supporting the regional block’s preference of setting the MRL for aflatoxin in peanut at 10 ppb.
Milled rice production for MY 2022/23 is projected at 1 MMT, this is unchanged from the MY 2021/22. Post projects MY 2022/23 imports at 1.25 MMT, a 3.8 percent decrease from MY 2021/22. Overall stock levels are reported to be high in order absorb any short-term supply disruptions.
Forecasts of below average rainfall and extended dry spells in most parts of the country by the Ghana Meteorological Agency, looming shortage and soaring global prices of fertilizer, and a further cutback on fertilizer subsidy rate are set to erode the grain production gains of GOG’s Planting for Food and Jobs program.
Post forecasts market year (MY) 2022/23 cotton fiber production at 990,000 bales (480 lb.) The MY 2021/22 estimate for exports is unchanged at 1.1 million bales. MY 2022/23 export projection is 1 million bales, assuming the entire national production is exported. Annual consumption is stable at 20,000 bales.
The seafood industry plays an important role for Côte d’Ivoire 's national economy. In 2021, this sector accounted for about 3.2 percent of the agricultural GDP, resulting in a contribution of 0.8 percent to the overall GDP and generated $114 million in value. Demand for high quality seafood is high, creating an excellent opportunity for U.S. seafood suppliers.
Ghana has one of the highest rates of dependence on fish for nutrition in Africa, with fish providing 60 percent of animal protein intake and estimated per capita fish consumption at 25 kg. Ghana’s seafood market presents an excellent opportunity for U.S. suppliers.
The Government of Ghana is pursuing an import substitution agenda regarding rice and chicken meat. Two key policies that will provide subsidies to farmers engaged in rice, corn, sorghum, soybean, and broiler production have been rolled out.