Ghana: Retail Foods Report

  |   Attaché Report (GAIN)

Occupying 28th position on the 2016 edition of the Global Retail Development Index by A.T Kearney, Ghana has finally broken into the top 30 countries with massive potential for thriving retail business in the world. Ghana, a model of stability in West Africa, has over the last six years, had its economy grow by an average of six percent each year, hitting a record-breaking 14 percent in 2011. Growth declined in the following years down to GDP value of 3.9 percent in 2015, the slowest growth rate in 20 years. In 2017, economists expect the country to post strong growth of around seven percent. A middle class is fast emerging, with its attendant wealthy consumers who are increasingly embracing western brands, products and lifestyles. Therein lies business opportunities for exporters of retail foods, namely cereals, meat (including poultry) and meat products, soybean meal, prepared food, skim milk powder and other high-value products from the United States. 

Ghana: Retail Foods Report

Related Reports

Attaché Report (GAIN)

Brazil: Livestock and Products Semi-annual

Brazil is currently at the bottom of the cattle cycle, liquidating inventories since 2023. The oversupply of cattle for slaughter has led to a slow price recovery and longer-term impact to the replacement market.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices remain unchanged as the downward price pressure from the new supplies of white rice offsets the strengthening of the Thai baht.
In January 2024, the Israeli Ministry of Health’s National Food Services found that cultivated beef is “safe for human consumption.”