GSS flags ginger price surge as investment opportunity
The Ghana Statistical Service (GSS) says sustained high ginger inflation presents significant opportunities for investment in the crop’s value chain. The development could benefit smallholder farmers, agro-processors, and investors as demand from industry and export markets continues to rise. The GSS data showed that ginger recorded year-on-year inflation of 111.3 per cent in July 2026, […]
The Ghana Statistical Service (GSS) has identified sustained high ginger prices as a potential investment opportunity in the crop's value chain. The raw material experienced year-on-year inflation of 111.3 percent in July 2026, the highest inflation rate and the third-largest contributor to food inflation. Dr Alhassan Iddrisu, the Government Statistician, explained that strong demand, attractive returns, and limited growing areas contributed to the price surge.
He urged farmers to expand acreage alongside staples like maize, cassava, and plantain to capitalize on the high profit margins. Logistics and storage challenges presented opportunities for logistics firms, agro-processors, and investors to establish efficient farm-to-market distribution systems and improve supply chain management.
The General Agricultural Workers' Union (GAWU) also supported the GSS observation, noting the need for deliberate government policies to improve access to agricultural finance, subsidized interest rates, and targeted credit schemes. Dr Paschal Ajongba Saviour Kaba, GAWU's Deputy General Secretary, suggested that government support and infrastructure could transform the scarcity-driven price boom into sustainable export and industrial growth.
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- GSS flags ginger price surge as investment opportunity myjoyonline.com