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[BUSINESS] · Ghana, Nigeria · 2 sources

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Agricultural surpluses drive down vegetable prices in Ghana and Nigeria

Seasonal bumper harvests in West Africa have led to a significant drop in vegetable prices, providing relief to consumers while reducing incomes for farmers.

In Ghana’s Nabdam District, a simultaneous harvest of tomatoes, pepper, and okra has flooded local markets. The price of a basin of tomatoes has fallen from as much as GH₵350 in September to between GH₵120 and GH₵150. Similarly, pepper prices have dropped from a range of GH₵150–GH₵200 to GH₵100–GH₵120. While shoppers benefit from lower costs, farmers are facing shrinking returns due to the supply glut.

In Bauchi, Nigeria, tomato prices have decreased by approximately 30 percent following a large wet-season harvest. At the Muda Lawal and Yelwan Tudu markets, a basket of tomatoes now sells for N14,000, down from N18,000. Pepper prices have seen a more dramatic decline, dropping from N120,000 to between N30,000 and N45,000 per bag. While most vegetables have become cheaper, some items like okra and spinach have seen price increases.

Entities

Bauchi · Muda Lawal Market · Nabdam District · Yelwan Tudu Market