Browse Data and Analysis

Ghana’s 2024 imports of foreign wine at $35.2 million are up nearly 3.5 percent from last year; heralding the Ghanaian economy's and its import market's recovery from the financial meltdown of 2022.

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

Germany is the largest market for food and beverages in the European Union importing USD 69 billion worth of consumer-oriented agricultural products in 2023. The food retail sector is saturated, highly consolidated, and competitive.

Ghana’s modern retail outlets are in the country’s large urban centers, where the major shopping malls are located. Beyond the capital city of Accra and the regional capitals, retail stores tend to be smaller. The retail sector is dominated by small local grocers, who control 83 percent of the market.

Alcoholic beverages imported into Ghana increased from $56 million in 2019 to $87 million in 2023. Similarly, imports of U.S. alcoholic beverages to Ghana are on an upward trend in the same period from $267,000 in 2019 to $1 million in 2023.

Ghana’s food processing industry is developing and remains a major importer of ingredients for food processing. These imports will continue to grow as the sector is unable to meet increased demand.

The food processing industry represents the fourth-largest industry in Germany. According to the Federation of German Food and Drink Industries (BEV) estimates, Germany produced $238.9 (€ 218.5) billion of processed food and drinks in 2022.

Germany is by far the biggest market for food and beverages in the European Union. The food retail sector is saturated, highly consolidated, and competitive.

The food processing is the fourth-largest industry in Germany. According to the Federation of German Food and Drink Industries' (BEV) estimates, total revenue of USD 20.7 billion were generated across all sectors in 2022, which is 17.9 percent higher than the previous year.

Germany is the fourth largest wine producer in the European Union after France, Italy, and Spain. German wine production from the 2022 harvest for marketing in CY 2023 is estimated at 9.4 million hectoliters, 9.8 percent higher than the previous year.

Germany is the second largest organic market in the world. It holds good prospects for U.S. organic products, including tree nuts, fruits, vegetables, and processed food products. While market growth slowed this year due to high inflation and rising...

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.