Ghana: Palm oil producers project a steep rise in imports

Published 2024년 9월 27일

Tridge summary

The Oil Palm Development Association of Ghana (OPDAG) has forecasted a surge in palm oil imports due to illegal mining, also known as galamsey. The illegal activities have severely damaged oil palm plantations, leading to a domestic production shortfall and deficit. Despite the country's potential to become a net exporter, it continues to import over 100,000 metric tonnes of crude palm oil annually due to low production yields and a lack of best practices in production and milling. This situation is exacerbated by the negative impacts of illegal mining on oil palm farms.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

…cite impact of illegal mining By Wisdom JONNY-NUEKPE The Oil Palm Development Association of Ghana (OPDAG) has projected a rise in imports of palm oil into the country, citing activities of galamsey as further contributing to a shortfall and deficit in domestic production. The Association’s president, Samuel Avaala, said though OPDAG is yet to ascertain the full extent of damage galamsey has posed to oil palm plantations across the country, preliminary data available to the association indicate the impact is negative and enormous. The phenomenon, according to Mr. Avaala, may further deepen the country’s deficit in palm oil production and cultivation – protracting Ghana’s status as a net importer of the commodity. “The data isn’t changing quickly to our advantage as we don’t produce more for consumption than we import. We also have to move away from organic production and do something different,” he said. Data from OPDAG indicate that Ghana imported some US$1.17billion worth of ...
Source: Thebftonline

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