On-the-Ground Updates

Ghana's smooth cayenne prices peaked as logistics cost increased

Fresh Pineapple
Ghana
Supply Chain Management
Market & Price Trends
Nana Bartels
Published Feb 18, 2022
Prices of Smooth Cayenne increased by 36% at the beginning of the year as the prices of logistics increased, and the Ghanaian cedi lost value against the major trading currencies. A carton box of 12kg pineapples closed in 2021 at FOB EUR 4.41. In 2022 prices rose to EUR 6. Ghana's cedi has depreciated by nearly 5%, which has a knock-on effect on fuel and packaging products.

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