OECD-FAO Agricultural Outlook 2016-2025
The OECD-FAO Agricultural Outlook 2016-2025 provides an assessment of prospects for the coming decade of the national, regional and global agricultural commodity markets across 41 countries and 12 regions, including OECD countries (European Union as a region) and other key agricultural producers, such as India, China, Brazil, the Russian Federation and Argentina among others. This year's special feature focuses on the prospects and challenges of the agricultural sector in Sub-Saharan Africa. This edition marks the twelfth year of partnership between the two organisations.
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Glossary of terms
OECD-FAO Agricultural Outlook 2016-2025 - © OECD 2016
| 3.A1.5 | World dairy projections: Butter and cheese | ||||||||||||
| 3.A1.5 | World dairy projections: Butter and cheese | ||||||||||||
| Calendar year | |||||||||||||
| | | | Average 2013-15est | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| | BUTTER | ||||||||||||
| | World | ||||||||||||
| | Production | kt pw | 10 375 | 10 726 | 10 950 | 11 149 | 11 328 | 11 527 | 11 717 | 11 917 | 12 116 | 12 319 | 12 522 |
| | Consumption | kt pw | 10 291 | 10 641 | 10 864 | 11 076 | 11 264 | 11 461 | 11 652 | 11 851 | 12 052 | 12 258 | 12 462 |
| | Stock changes | kt pw | -2 | -4 | 14 | 4 | -4 | -5 | -4 | -1 | -2 | -2 | -1 |
| | Price 1 | USD/t | 3 650 | 2 848 | 2 969 | 2 968 | 3 051 | 3 188 | 3 310 | 3 356 | 3 405 | 3 482 | 3 520 |
| | Developed countries | ||||||||||||
| | Production | kt pw | 4 592 | 4 800 | 4 893 | 4 977 | 5 033 | 5 103 | 5 153 | 5 220 | 5 287 | 5 358 | 5 433 |
| | Consumption | kt pw | 4 038 | 4 204 | 4 280 | 4 343 | 4 383 | 4 429 | 4 469 | 4 515 | 4 560 | 4 608 | 4 654 |
| | Developing countries | ||||||||||||
| | Production | kt pw | 5 782 | 5 925 | 6 057 | 6 172 | 6 295 | 6 424 | 6 564 | 6 697 | 6 829 | 6 961 | 7 089 |
| | Consumption | kt pw | 6 253 | 6 436 | 6 583 | 6 733 | 6 882 | 7 033 | 7 183 | 7 336 | 7 493 | 7 650 | 7 807 |
| | OECD 2 | ||||||||||||
| | Production | kt pw | 4 245 | 4 450 | 4 533 | 4 604 | 4 651 | 4 723 | 4 778 | 4 853 | 4 921 | 4 987 | 5 057 |
| | Consumption | kt pw | 3 634 | 3 841 | 3 893 | 3 955 | 3 995 | 4 042 | 4 083 | 4 134 | 4 184 | 4 233 | 4 281 |
| | Stock changes | kt pw | -2 | -4 | 14 | 4 | -4 | -5 | -4 | -1 | -2 | -2 | -1 |
| | CHEESE | ||||||||||||
| | World | ||||||||||||
| | Production | kt pw | 22 224 | 22 937 | 23 366 | 23 747 | 24 031 | 24 382 | 24 722 | 25 039 | 25 350 | 25 696 | 26 028 |
| | Consumption | kt pw | 21 918 | 22 692 | 23 145 | 23 471 | 23 773 | 24 116 | 24 454 | 24 772 | 25 084 | 25 431 | 25 765 |
| | Stock changes | kt pw | 25 | -22 | -46 | 10 | -8 | 0 | 3 | 1 | 1 | 1 | -1 |
| | Price 3 | USD/t | 4 064 | 3 154 | 3 275 | 3 328 | 3 392 | 3 507 | 3 558 | 3 627 | 3 698 | 3 782 | 3 834 |
| | Developed countries | ||||||||||||
| | Production | kt pw | 17 709 | 18 350 | 18 652 | 18 974 | 19 196 | 19 469 | 19 753 | 19 998 | 20 242 | 20 519 | 20 779 |
| | Consumption | kt pw | 16 830 | 17 422 | 17 755 | 17 958 | 18 160 | 18 382 | 18 607 | 18 818 | 19 026 | 19 265 | 19 473 |
| | Developing countries | ||||||||||||
| | Production | kt pw | 4 515 | 4 586 | 4 715 | 4 774 | 4 835 | 4 913 | 4 969 | 5 041 | 5 108 | 5 177 | 5 249 |
| | Consumption | kt pw | 5 088 | 5 270 | 5 390 | 5 512 | 5 613 | 5 734 | 5 846 | 5 954 | 6 057 | 6 166 | 6 292 |
| | OECD 2 | ||||||||||||
| | Production | kt pw | 17 079 | 17 602 | 17 924 | 18 242 | 18 457 | 18 718 | 19 003 | 19 249 | 19 489 | 19 755 | 20 004 |
| | Consumption | kt pw | 16 250 | 16 930 | 17 194 | 17 397 | 17 596 | 17 813 | 18 030 | 18 233 | 18 434 | 18 671 | 18 876 |
| | Stock changes | kt pw | 25 | -22 | -46 | 10 | -8 | 0 | 3 | 1 | 1 | 1 | -1 |
| Note: Calendar year: Year ending 30 June for Australia and 31 May for New Zealand in OECD aggregate. Average 2013-15est: Data for 2015 are estimated. | |||||||||||||
| Disclaimer: http://oe.cd/disclaimer | |||||||||||||
FOB export price, butter, 82% butterfat, Oceania. | |||||||||||||
Excludes Iceland but includes all EU28 member countries. | |||||||||||||
FOB export price, cheddar cheese, 39% moisture, Oceania. | |||||||||||||
| Source: OECD/FAO (2016), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en | |||||||||||||