• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, February 3, 2023
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ghana Opens Its Market to U.S Pork Market to Begin the Importation of Pork

January 24, 2023
Stephen M.CbyStephen M.C
in Agribusiness
0
Ghana Opens Its Market to U.S Pork Market to Begin the Importation of Pork

The Ghanaian pork market is now officially opened to U.S. counterpart to be able to import pork and pork products in addition to other meat products from the United States of America.

In a signed letter to the Veterinary Medical Officer of USDA’s Food Safety and Inspection Service (FSIS), the Acting Chief Veterinary Officer of the Ghanaian Veterinary Services Directorate of the Ministry of Food and Agriculture acknowledged receipt of the FSIS’ proposed certificate of export for pork and pork products, and confirmed its acceptance, according to FSIS.

Ghana’s imported pork and pork products market was valued at $16 million in 2021, according to a USDA Foreign Agricultural Service GAIN report. Moreover, total imports increased steadily from 2017, hitting 15,000 metric tons (MT) in 2021.

RelatedPosts

There is Growing Unmet Market Demand and Unused Processing-Export Capacity for Soyabean in Ghana– Dep. Agric Minister

Ghana Launches Its Agribusiness Partnership With EU To Promote Agricultural Investment

African Development Bank Approves $50m and €50m To Develop Agricultural Value Chains, Food security

“The market is dominated by the EU, with the United States not being a significant player. The opening of the market to U.S. pork and pork products is therefore an opportunity that can be exploited by U.S. exporters.”

USDA FAS

Pork meat consumption per capita reached 1.17 kg in 2020 in Ghana, according to Faostat. This is 13.6% more than in the previous year.

Historically, pork meat consumption per capita in Ghana reached an all time high of 1.17 kg in 2020 and an all time low of 0.470 kg in 1965.

Ghana has been ranked 110th within the group of 149 countries in terms of interest rate on pork meat consumption per capita.

Factors Affecting the Production of Pigs in Ghana

There are some factors affecting the production of pigs in Ghana to meet the rising demands for pork. In Ghana, many farmers raise the large white breed and its crosses with other exotic breeds than the local black pigs and its crosses.

Semi-intensive system of rearing with smaller herd (about 15) is mostly practised in the rural areas while the intensive system with larger herds (about 57) are practised in the urban areas.

Feed unavailability, high cost of feed ingredients and lack of credit facilities limit the expansion of the swine enterprise, and lack of organised marketing channels adversely affect production levels.

Despite the high consumption data, consumption of pork is adversely affected by religious, spiritual and customary beliefs, health of pigs, inherent fattiness of pork, and lack of exposure to pork and food preference considerations in family diets. From 2014 to 2021, the growth of the market remained at a lower figure.

Overall, production continued to indicate a deep slump. The growth pace was the most rapid in 2013 with an increase of 58%. As a result, production reached the peak level. Meanwhile, the number of animals slaughtered for pork production peaked in 2018.

Hike in Prices of Pork Products

Recently, the Pig Famers Association of Ghana (PFAG) announced an upward adjustment in prices of its products across the country.

The development, according to the leadership of the association, was as a result of increment in the prices of feed and husbandry among others.

According to PFAG, the price adjustments, which was between 15 to 30 per cent, would make up for price hikes in production inputs from the year 2021 till date.

With Ghana starting the importation of pork from the United States and with the rapid depreciation of the local currency – the cedi, pork lovers must be ready to pay more for the meat they love.

READ ALSO: Former NSS Personnel Sues GM of First Atlantic Bank Over Refusal To Fulfil Promises Made To Her

Tags: ExportghanaImportPorkU.S

Related Posts

There is Growing Unmet Market Demand and Unused Processing-Export Capacity for Soyabean in Ghana– Dep. Agric Minister
Agribusiness

There is Growing Unmet Market Demand and Unused Processing-Export Capacity for Soyabean in Ghana– Dep. Agric Minister

February 3, 2023
Ghana Launches Its Agribusiness Partnership With EU To Increase Investment
Agribusiness

Ghana Launches Its Agribusiness Partnership With EU To Promote Agricultural Investment

February 1, 2023
African Development Bank Approves $50m and €50m To Develop Agricultural Value Chains, Food security
Agribusiness

African Development Bank Approves $50m and €50m To Develop Agricultural Value Chains, Food security

February 1, 2023
‘Mission 1 For 200’ To Double African Farmers’ Production, To Build Food Systems Resilience In African
Agribusiness

‘Mission 1 For 200’ Aims To Double African Farmers’ Production, Build Food Systems Resilience In African

January 30, 2023
UENR, KIC Sign MoU To Augment Youth Participation In Agriculture
Agribusiness

UENR, KIC Sign MoU To Augment Youth Participation In Agriculture

January 25, 2023
World Bank Projects Agricultural Prices To Decline By 5% In 2023, Urge International Community To Support LIC’s Affected By Food Insecurity
Agribusiness

World Bank Projects Agricultural Prices To Decline By 5% In 2023, Urge International Community To Support LIC’s Affected By Food Insecurity

January 25, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post

I Thank God For Not Making My Enemies Excited – Afia Schwarzenegger

Next Post

GAB Agreement Is Enough To Attain Set Target, Completely Exempt Individuals From DDEP– Senyo Hosi

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.
Ghana’s Political Culture is Generally Conflictual- Dr Amakye-Boateng
General News

NPP Flagbearership Race: Party Finds Itself In A Quandary- Political Scientist

by Angeller AshongFebruary 3, 2023
NIA Pathetic and Disbelieving- Ablakwa
General News

NIA Pathetic and Disbelieving- Ablakwa

by Samuel Yeboah OtibuFebruary 3, 2023
Closing Bell: A Black Thursday for the Ghana Stock Market, GCB Falls 10%
Securities/Markets

Closing Bell: A Black Thursday for the Ghana Stock Market, GCB Falls 10%

by Stephen M.CFebruary 3, 2023
Apple Inc., Amazon Inc. and Alphabet Inc. Witness An Economic Slowdown, Revenues Slump
Innovation

Apple Inc., Amazon Inc. and Alphabet Inc. Witness An Economic Slowdown, Revenues Slump

by Priscilla Dziedzorm FiakpornuFebruary 3, 2023
DDEP: An Ample Time To Consult, Engage Stakeholders Would Have Been The Solution- Prof. Lord Mensah
Finance

DDEP: An Ample Time To Consult, Engage Stakeholders Would Have Been The Solution- Prof. Lord Mensah

by Gifty BansahFebruary 3, 2023
Akufo-Addo Ousted Charlotte Osei And 2 Deputies Only To Be Replaced With Pro-NPP Members – Mahama
General News

What Will Mahama Do Differently – Anyidoho And Ken Agyapong

by Samuel Yeboah OtibuFebruary 3, 2023
Ghana’s Political Culture is Generally Conflictual- Dr Amakye-Boateng
NIA Pathetic and Disbelieving- Ablakwa
Closing Bell: A Black Thursday for the Ghana Stock Market, GCB Falls 10%
Apple Inc., Amazon Inc. and Alphabet Inc. Witness An Economic Slowdown, Revenues Slump
DDEP: An Ample Time To Consult, Engage Stakeholders Would Have Been The Solution- Prof. Lord Mensah
Akufo-Addo Ousted Charlotte Osei And 2 Deputies Only To Be Replaced With Pro-NPP Members – Mahama
Snow
FIND OUT MORE

The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In