OECD-FAO Agricultural Outlook 2015
This edition of the Agricultural Outlook – the twenty-first OECD edition and the eleventh prepared jointly with the Food and Agriculture Organization of the United Nations (FAO) – provides projections to 2024 for major agricultural commodities, biofuels and fish. The 2015 report provides a special focus on prospects and challenges for Brazilian agriculture.
The market projections not only cover OECD member countries (European Union as a region) but also FAO member countries, notably Brazil, the Russian Federation, India, People's Republic of China and South Africa.
From Chapter:
Commodity snapshots
OECD-FAO Agricultural Outlook 2015 - © OECD 2015
| 3.A1.3 | World sugar projections | ||||||||||||
| 3.A1.3 | World sugar projections | ||||||||||||
| Marketing year | |||||||||||||
| | | | Average 2012-14est | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| | WORLD | ||||||||||||
| | SUGARBEET | ||||||||||||
| | Production | Mt | 257.7 | 255.9 | 258.6 | 263.2 | 266.9 | 269.6 | 271.0 | 271.8 | 273.3 | 274.9 | 275.6 |
| | Area | Mha | 4.6 | 4.6 | 4.6 | 4.6 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 |
| | Yield | t/ha | 56.35 | 55.91 | 56.19 | 56.63 | 57.03 | 57.42 | 57.79 | 58.00 | 58.23 | 58.50 | 58.77 |
| | Biofuel use | Mt | 14.5 | 15.5 | 15.7 | 12.6 | 12.5 | 12.5 | 12.4 | 12.4 | 11.3 | 11.3 | 11.1 |
| | SUGARCANE | ||||||||||||
| | Production | Mt | 1 766.0 | 1 807.8 | 1 843.7 | 1 954.9 | 1 962.5 | 1 983.9 | 2 017.3 | 2 060.2 | 2 102.6 | 2 174.7 | 2 213.0 |
| | Area | Mha | 25.1 | 25.7 | 26.0 | 27.3 | 27.4 | 27.5 | 27.7 | 28.0 | 28.4 | 29.2 | 29.6 |
| | Yield | t/ha | 70.37 | 70.47 | 70.81 | 71.53 | 71.71 | 72.10 | 72.84 | 73.46 | 74.03 | 74.43 | 74.83 |
| | Biofuel use | Mt | 352.0 | 398.1 | 427.0 | 445.3 | 447.2 | 465.6 | 484.3 | 503.8 | 526.0 | 547.8 | 564.9 |
| | SUGAR | ||||||||||||
| | Production | Mt rse | 182.2 | 180.6 | 181.7 | 192.3 | 194.5 | 197.0 | 200.9 | 205.2 | 209.8 | 216.2 | 220.5 |
| | Consumption | Mt rse | 174.3 | 181.2 | 183.6 | 187.5 | 190.5 | 194.5 | 198.6 | 202.1 | 205.9 | 209.9 | 214.3 |
| | Closing stocks | Mt rse | 70.4 | 69.0 | 64.7 | 67.1 | 68.7 | 68.8 | 68.7 | 69.3 | 70.8 | 74.7 | 78.5 |
| | Price, raw sugar 1 | USD/t | 364.8 | 347.4 | 388.5 | 361.7 | 347.5 | 351.3 | 359.8 | 370.3 | 385.5 | 375.3 | 363.9 |
| | Price, white sugar 2 | USD/t | 452.4 | 415.3 | 467.3 | 455.4 | 440.8 | 436.2 | 429.7 | 440.2 | 451.6 | 447.5 | 434.0 |
| | Price, HFCS 3 | USD/t | 596.4 | 475.4 | 469.8 | 456.1 | 477.1 | 483.9 | 477.7 | 481.6 | 488.8 | 485.2 | 479.6 |
| | DEVELOPED COUNTRIES | ||||||||||||
| | SUGARBEET | ||||||||||||
| | Production | Mt | 202.9 | 197.9 | 198.5 | 200.7 | 202.9 | 204.4 | 204.7 | 204.4 | 204.5 | 204.5 | 203.9 |
| | SUGARCANE | ||||||||||||
| | Production | Mt | 76.6 | 79.1 | 79.9 | 80.3 | 81.2 | 82.0 | 83.1 | 83.6 | 83.8 | 83.9 | 84.2 |
| | SUGAR | ||||||||||||
| | Production | Mt rse | 42.1 | 41.7 | 42.1 | 43.2 | 43.9 | 44.4 | 44.7 | 44.8 | 45.1 | 45.2 | 45.3 |
| | Consumption | Mt rse | 49.7 | 50.0 | 50.0 | 50.6 | 50.1 | 50.4 | 50.8 | 50.9 | 51.2 | 51.5 | 51.9 |
| | Closing stocks | Mt rse | 15.4 | 14.6 | 13.3 | 12.5 | 12.5 | 12.5 | 12.7 | 12.9 | 13.0 | 13.4 | 13.8 |
| | HFCS | ||||||||||||
| | Production | Mt | 9.7 | 9.8 | 9.9 | 10.5 | 10.7 | 10.8 | 11.1 | 11.4 | 11.6 | 11.8 | 12.0 |
| | Consumption | Mt | 8.1 | 8.2 | 8.2 | 8.9 | 9.0 | 9.1 | 9.2 | 9.5 | 9.7 | 9.9 | 10.0 |
| | DEVELOPING COUNTRIES | ||||||||||||
| | SUGARBEET | ||||||||||||
| | Production | Mt | 54.7 | 58.0 | 60.2 | 62.5 | 64.0 | 65.3 | 66.3 | 67.4 | 68.8 | 70.3 | 71.6 |
| | SUGARCANE | ||||||||||||
| | Production | Mt | 1 689.4 | 1 728.7 | 1 763.8 | 1 874.6 | 1 881.3 | 1 901.9 | 1 934.2 | 1 976.6 | 2 018.7 | 2 090.8 | 2 128.8 |
| | SUGAR | ||||||||||||
| | Production | Mt rse | 140.1 | 138.9 | 139.6 | 149.1 | 150.6 | 152.6 | 156.2 | 160.4 | 164.6 | 171.0 | 175.2 |
| | Consumption | Mt rse | 124.6 | 131.2 | 133.5 | 136.9 | 140.3 | 144.0 | 147.8 | 151.2 | 154.7 | 158.4 | 162.4 |
| | Closing stocks | Mt rse | 55.0 | 54.4 | 51.4 | 54.7 | 56.2 | 56.3 | 55.9 | 56.4 | 57.8 | 61.3 | 64.6 |
| | HFCS | ||||||||||||
| | Production | Mt | 3.1 | 3.1 | 3.2 | 3.2 | 3.2 | 3.3 | 3.3 | 3.4 | 3.4 | 3.5 | 3.5 |
| | Consumption | Mt | 3.8 | 3.9 | 4.0 | 4.1 | 4.2 | 4.3 | 4.4 | 4.5 | 4.6 | 4.7 | 4.8 |
| | OECD 4 | ||||||||||||
| | SUGARBEET | ||||||||||||
| | Production | Mt | 167.2 | 165.5 | 166.2 | 168.3 | 171.0 | 172.7 | 173.6 | 173.4 | 173.6 | 173.8 | 173.8 |
| | SUGARCANE | ||||||||||||
| | Production | Mt | 116.7 | 118.9 | 120.7 | 123.3 | 124.8 | 125.1 | 124.9 | 125.0 | 125.6 | 126.4 | 127.7 |
| | SUGAR | ||||||||||||
| | Production | Mt rse | 41.2 | 40.1 | 40.6 | 41.8 | 42.5 | 43.0 | 43.2 | 43.3 | 43.6 | 43.8 | 43.9 |
| | Consumption | Mt rse | 45.7 | 46.1 | 46.1 | 46.6 | 46.1 | 46.3 | 46.6 | 46.7 | 46.9 | 47.1 | 47.4 |
| | Closing stocks | Mt rse | 13.0 | 12.5 | 11.4 | 10.4 | 10.3 | 10.1 | 10.3 | 10.5 | 10.7 | 11.0 | 11.3 |
| | HFCS | ||||||||||||
| | Production | Mt | 10.9 | 11.0 | 11.1 | 11.8 | 11.9 | 12.1 | 12.4 | 12.7 | 12.9 | 13.2 | 13.4 |
| | Consumption | Mt | 10.2 | 10.4 | 10.5 | 11.3 | 11.4 | 11.6 | 11.8 | 12.2 | 12.4 | 12.6 | 12.9 |
| Note: Marketing year: See Glossary of Terms for definitions. Average 2012-14est: Data for 2014 are estimated. rse : raw sugar equivalent. HFCS: High fructose corn syrup. | |||||||||||||
| Disclaimer: http://oe.cd/disclaimer | |||||||||||||
Raw sugar world price, ICE contract No11 nearby, October/September. | |||||||||||||
Refined sugar price, White Sugar Futures Contract No. 407, Euronext market, Liffe, London, Europe, October/September. | |||||||||||||
United States wholesale list price HFCS-55 , October/September. | |||||||||||||
Excludes Iceland but includes all EU28 member countries. | |||||||||||||
| Source: OECD/FAO (2015), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en | |||||||||||||