Browse Data and Analysis

FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.

FAS Accra (Post) forecasts Ghana’s MY 2025/2026 (July-June) wheat imports at 1.0 million metric tons (MMT), up five percent from the MY 2024/2025 estimate of 950,000 MT.

Ghana’s imports of food processing ingredients surpassed $1.24 billion in 2024, up 44 percent from $857 million in 2023.

This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.

Ghana's cocoa bean production in marketing year (MY) 2024/2025 (October-September) is expected to climb to 700,000 metric tons (MT), up 32 percent from the MY 2023/2024 season's 531,000 MT production figure.

Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.

On February 5, 2025, the Ghana Food and Drug Authority (Ghana FDA) issued public notice FDA/DRI/DMS/GL-ADV/2023/01. The notification is intended to inform stakeholders and the public that new Draft Guidelines on the Advertisement of Regulated Products have been developed.

Coastal West Africa’s Ghana shows signs of possibilities for expanding imports of halal certified food and agricultural products. It evidences promise thanks to the increasing number of halal product consumers in country and in the region.

Ghana in 2024 has experienced drought-induced crop failures and low yields in eight out of its 16 administrative regions. FAS Accra (Post) consequently is revising up Market Year (MY) 2024/2025 import figures for wheat, corn, and rice due to reports of crop failures in some regions of the country and increased consumption.

Ghana is in economic recovery mode following the double hits of the COVID-19 pandemic outbreak of 2020 and the macroeconomic crisis of 2022. The Ghanaian hotel-restaurant-institutional (HRI) sector is evidencing a promising upward trajectory.

In January 2024, Nigeria became the second country in Africa to approve the commercial release of four biotech (TELA) maize varieties.

FAS Accra observes Ghana making appreciable advancements in the field of plant biotechnology (biotech). The country is expanding its agricultural biotech crops developmental and production capabilities.