{"id":20760,"date":"2024-07-11T14:51:10","date_gmt":"2024-07-11T14:51:10","guid":{"rendered":"https:\/\/sotnews.agency\/?p=20760"},"modified":"2024-07-11T20:05:59","modified_gmt":"2024-07-11T20:05:59","slug":"food-ingredient-imports-soared-to-133m-in-2023","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=20760","title":{"rendered":"Food ingredient imports soared to $133m in 2023"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 39 Second <\/div>\n\n <\/div>

Ghana imported $133 million worth of key ingredients for food preparation and processing last year, according to the USDA\u2019s Food Processing Ingredients Annual Report on Ghana.<\/p>\n

This represents a 48 percent increase from the $89.2 million recorded in 2022.<\/p>\n

These imports primarily consist of wheat flour, food additives and spices, bakery goods, food colouring, and sweeteners.<\/p>\n

The report also noted that U.S. exports of food processing ingredients to Ghana reached $2.21 million last year, a 52 percent increase from $1.45 million in 2022.<\/p>\n

This makes the U.S. the 12th largest supplier of food processing ingredients to Ghana, with a market share of less than three percent.<\/p>\n

The report suggests that imports will continue to grow due to Ghana\u2019s underdeveloped food processing sector, which struggles to meet the rising demand for locally produced food ingredients.<\/p>\n

The USDA noted that there are fewer than 200 agro-processing firms registered and certified by the Food and Drugs Authority in Ghana.<\/p>\n

Despite the increasing demand for processed foods, inefficient production and inadequate quality of local raw materials hinder the development of a robust processing industry.<\/p>\n

\u201cRetail outlets stock lots of processed foods because of growing demand, changing eating habits and diets of the growing urban and middle-class population. This represents an opportunity for U.S. exporters,\u201d the report said.<\/p>\n

The USDA explained that rapid urbanization and economic growth are driving the emergence of a middle class that favors Western brands, products, and lifestyles.<\/p>\n

\u201cMost consumers in Ghana are price-sensitive, but the quality is never overlooked and the growing middle-class values premium products. The country offers expanding market opportunities due to its remarkable record of political stability and relatively liberal import policies,\u201d it added.<\/p>\n

The USDA concluded that these achievements position Ghana as a potential gateway to the larger West African market for U.S. exports.<\/p>\n

The post Food ingredient imports soared to $133m in 2023<\/a> appeared first on Citinewsroom – Comprehensive News in Ghana<\/a>.<\/p>

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Ghana imported $133 million worth of key ingredients for food preparation and processing last year, according to the USDA\u2019s Food Processing Ingredients Annual Report on Ghana. This represents a 48… <\/p>\n","protected":false},"author":1,"featured_media":20853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-20760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/20760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20760"}],"version-history":[{"count":1,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/20760\/revisions"}],"predecessor-version":[{"id":20854,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/20760\/revisions\/20854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/20853"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}