187 242 110 COCOYAM 104 108 193 120 MAIZE 96

187 242 110 cocoyam 104 108 193 120 maize 96

This preview shows page 73 - 78 out of 123 pages.

187 242 110 114 94 186 COCOYAM 104 108 104 85 143 193 120 127 96 136 MAIZE 96 154 146 105 161 204 79 107 108 92 SORGHUM 85 117 107 94 139 165 105 119 97 83 GROUNDNUT 121 150 167 167 234 315 95 103 105 91 MILLET 92 124 79 115 117 153 109 114 48 86 RICE 100 135 109 114 144 166 108 135 123 165 TOMATO 116 140 102 183 241 299 120 144 135 113 Source : Based on Table 7.3 * 2012 used as base year (2012 = 100)
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64 | P a g e 7.2 National Average Input Prices Table 7.5: National Average Prices of Selected Agricultural Inputs Year on Year % Change Input Unit 2011 2012 2013 2014 2015 2016 2011/ 2012 2012/ 2013 2013/ 2014 2014/ 2015 2015/ 2016 NPK 50kg 34.9 23.97 51.7 80.69 115.17 107.56 -31.31 116 56 42.73 -7 Sulphate of Ammonia 50kg 28 18.72 47.2 68.19 99.51 92.71 -33.13 152 44 45.93 -7 Urea 50kg 33.16 22.56 50.6 71.31 104.19 98.71 -31.95 124 41 46.11 -5 Round Up 1 litre 9.83 6.56 13 14.85 20.54 21.67 -33.29 98 14 38.32 6 Karate 1 litre 8.36 5.87 9.2 12.73 13.2 14.00 -29.74 57 38 3.69 6 Actellic 1 litre 12.91 11.61 16.3 NA 18.29 23.83 -10.01 40 - - 30 Hoe Single 4.04 6.65 6.4 6.71 9.09 11.44 64.62 -4 5 35.47 26 Cutlass Single 6.43 9.39 8.3 11.2 16.02 16.98 45.52 -12 35 43.04 6 Jute Sack Single 2.13 2.72 2.6 2.98 6.54 7 28 15 15 119.46 7 Source: Statistics, Research and Information Directorate, MoFA Table 7.6: Cost of Fertilizer Subsidy with Quantity Year Total subsidy paid by Government ( GH₵ million) Total Quantity (MT ) 2008 20.70 43,176 2009 34.40 72,795 2010 30.00 91,244 2011 78.75 176,278 2012 117.44 173,755 2013 64.01 166,807 2014 - - 2015 44,850 89,200 2016 98,564 134,227 Total 143,759.30 947,482 Source: Directorate of Crops Services MoFA There was no fertilizer subsidy scheme for the year 2014
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65 | P a g e Table 7.7: Full vs. Subsidized Cost of Fertilizer 2016 Fertilizer Type Full Cost (GH₵)/50kg Subsidy payable by Government (GH₵)/50kg Price at which Farmers buy Fertilizer (GH₵)/50kg Percentage (%) of Subsidy NPK (23-10-05) 120.00 40.00 85.00 32.00 NPK (15-15-15) 120.00 40.00 85.00 32.00 Urea 100.00 20.00 80.00 20.00 Sulphate of Ammonia (SOA) - - - - Source: Directorate of Crops Services - MoFA SECTION 8: AGRICULTURE AND THE NATIONAL ECONOMY Table 8.1: Contribution of Various Sub-sectors to Agricultural GDP (AT 2006 Prices) Sub-sector Contribution to Agric. GDP (%) 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* 1. Crops (excl. Cocoa) 60.6 64.5 66.6 62.2 61.1 63.9 68 67.6 68.1 67.7 2. Cocoa 9.2 8.0 7.7 10.8 14.1 11.2 9.8 10.3 9.1 8.8 3. Livestock 7.9 6.8 6.4 6.8 7.1 7 6.0 5.7 6.0 6.2 4. Forestry 14.4 12.1 11.6 12.5 10.9 11.3 10.0 10.9 11.2 11.2 5. Fisheries 7.9 8.6 7.7 7.8 6.7 6.6 6.2 5.5 5.7 6.1 Source: Ghana Statistical Service, Revised 2016 Annual GDP Bulletin (April, 2017) *Revised
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66 | P a g e Figure 7: Agricultural GDP (%) by Sub-Sectors 2016 Source: based on Table 8.1 Table 8.2: Share of Agriculture in GDP (%) Source: Ghana Statistical Service, Revised 2016 Annual GDP Bulletin (September, 2017) *Revised estimates; **Excluding Oil Year Sector Agriculture Service Industry GDP at Current Market Prices (GH¢- Million)** 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* 29.1 31.0 31.8 29.8 25.3 22.9 22.4 21.5 20.3 18.9 50.2 48.6 49.2 51.1 49.1 49.1 49.8 51.9 54.6 56.9 20.7 20.4 19.0 19.1 25.6 28.0 27.8 26.6 25.1 24.2 23,154 30,179 36,598 45,865 56,070 69,666 85,974 105,550 131,647 164,090
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67 | P a g e Table 8.3: Agriculture and Other Sector GDP Growth Rates at 2006 constant prices (%) Source: Ghana Statistical Service, Revised 2016 Annual GDP Bulletin (September, 2017) *Revised Table 8.4: Growth Rates in Agricultural Sub-Sectors. Year Sub-sector National Agric. Real GDP Growth Rate Crops Livestock Cocoa Fisheries Forestry/ Logging 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* -1.3 8.6 10.2 5.0 3.7 0.8 5.9 5.7 2.5 2.5 4.7 5.1 4.4 4.6 5.1 5.2 5.3 5.3 5.3 5.3 -8.2 3.2 5.0 26.6 14.0 -9.5 2.6 4.3 -8.0 -7.0 -7.2 17.4 -5.7 1.5 -8.7 9.1 5.7 -5.6 4.3 5.7 -4.1 -3.3 0.7 10.1 -14.0 6.8 4.6 3.8 1.4 2.5 -1.7 7.4 7.2 5.3 0.8 2.3 5.7 4.6 2.8 3.0 Source: Ghana Statistical Service, Revised 2016 Annual GDP Bulletin (September, 2017) *Revised Year Sector Agriculture Services Industry National 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* -1.7 7.4 7.2 5.3 0.8 2.3 5.7 4.6 2.8 3.0 7.7 8.0 5.6 9.8 9.4 12.1 10.0 5.6 6.3 5.7 6.1 15.1 4.5 6.9 41.6 11.0 6.6 0.8 -0.3 -0.5 4.3 9.1 4.8 7.9 14.0 9.3 7.3 4.0 3.8 3.7
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