1887

OECD-FAO Agricultural Outlook 2020-2029

image of OECD-FAO Agricultural Outlook 2020-2029

The OECD-FAO Agricultural Outlook 2020-2029 is a collaborative effort of the Organisation for Economic Co-operation Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations, incorporating expertise from collaborating member countries and international commodity organisations. It provides market projections for national, regional and global supply and demand of major agricultural commodities, biofuel and fish.

During the preparation of the OECD-FAO Agricultural Outlook 2020-2029, the exact effects of the COVID-19 pandemic on agricultural markets were still largely unknown and they were therefore not incorporated in the baseline projections. Nevertheless, the Outlook aims to outline the channels of transmission of COVID-19 impacts on the various food and agriculture sectors.

Supplementary information can be found at www.agri-outlook.org.

English Also available in: Spanish, French, Chinese

From Chapter: Statistical annex

Table C.37 - Milk projections: Production, inventories, yield

English Also available in: French

OECD-FAO Agricultural Outlook 2020-2029 - © OECD 2020

‌C.37Milk projections: Production, inventories, yield
C.37Milk projections: Production, inventories, yield
  Calendar year
‌‌
PRODUCTION (kt)
Growth (%) 1
INVENTORIES ('000 hd)
Growth (%)
YIELD (t/head)
Growth (%)
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
WORLD
839 528
 
996 760
 
2.00
 
1.56
 
707 939
 
782 044
 
1.03
 
0.84
 
1.19
 
1.27
 
0.97
 
0.71
 
NORTH AMERICA
108 697
 
119 074
 
1.57
 
0.88
 
10 345
 
10 395
 
0.30
 
0.10
 
10.51
 
11.45
 
1.26
 
0.79
 
Canada
10 389
 
11 629
 
2.71
 
0.96
 
970
 
962
 
0.02
 
-0.07
 
10.71
 
12.09
 
2.69
 
1.03
 
United States
98 309
 
107 445
 
1.45
 
0.88
 
9 375
 
9 433
 
0.33
 
0.11
 
10.49
 
11.39
 
1.12
 
0.76
 
LATIN AMERICA
81 271
 
95 596
 
1.02
 
1.55
 
41 557
 
44 126
 
-1.80
 
0.46
 
1.96
 
2.17
 
2.87
 
1.08
 
Argentina
10 323
 
11 756
 
-0.68
 
0.99
 
1 719
 
1 699
 
-0.11
 
-0.10
 
6.00
 
6.92
 
-0.57
 
1.10
 
Brazil
34 947
 
43 192
 
2.35
 
1.95
 
16 669
 
18 475
 
-4.35
 
0.94
 
2.10
 
2.34
 
7.01
 
1.00
 
Chile
2 130
 
2 250
 
-2.56
 
0.17
 
1 195
 
1 022
 
-2.13
 
-1.57
 
1.78
 
2.20
 
-0.44
 
1.77
 
Colombia
6 970
 
8 090
 
1.00
 
1.97
 
6 697
 
7 338
 
2.04
 
0.51
 
1.04
 
1.10
 
-1.02
 
1.46
 
Mexico
12 252
 
13 139
 
1.43
 
0.74
 
2 526
 
2 646
 
0.83
 
0.44
 
4.85
 
4.97
 
0.60
 
0.30
 
Paraguay
506
 
606
 
0.03
 
1.64
 
225
 
251
 
0.47
 
0.60
 
2.26
 
2.42
 
-0.44
 
1.04
 
Peru
2 043
 
2 750
 
2.15
 
2.89
 
1 209
 
1 426
 
1.20
 
1.44
 
1.69
 
1.93
 
0.94
 
1.43
 
EUROPE
225 732
 
235 709
 
0.88
 
0.37
 
41 128
 
37 929
 
-0.77
 
-0.74
 
5.49
 
6.21
 
1.67
 
1.12
 
European Union 2
151 661
 
158 214
 
1.31
 
0.35
 
20 875
 
19 430
 
-0.32
 
-0.63
 
7.22
 
8.09
 
1.65
 
0.99
 
United Kingdom
15 563
 
16 410
 
1.13
 
0.48
 
1 885
 
1 889
 
0.56
 
0.00
 
8.26
 
8.69
 
0.57
 
0.47
 
Russia
30 612
 
32 940
 
-0.27
 
0.59
 
7 922
 
7 492
 
-1.35
 
-0.51
 
3.86
 
4.40
 
1.10
 
1.10
 
Ukraine
10 338
 
9 712
 
-1.30
 
-0.43
 
2 800
 
2 242
 
-3.87
 
-2.01
 
3.69
 
4.33
 
2.68
 
1.61
 
AFRICA
44 079
 
56 406
 
-0.76
 
2.46
 
227 644
 
252 922
 
0.90
 
0.99
 
0.19
 
0.22
 
-1.65
 
1.45
 
Egypt
4 626
 
5 482
 
-3.00
 
2.00
 
6 841
 
6 962
 
0.53
 
0.43
 
0.68
 
0.79
 
-3.51
 
1.56
 
Ethiopia
3 438
 
4 925
 
-2.42
 
3.65
 
16 401
 
20 860
 
2.06
 
2.15
 
0.21
 
0.24
 
-4.39
 
1.47
 
Nigeria
521
 
639
 
0.04
 
2.22
 
2 291
 
2 533
 
1.00
 
0.77
 
0.23
 
0.25
 
-0.95
 
1.44
 
South Africa
3 308
 
3 929
 
0.90
 
1.48
 
946
 
957
 
-0.34
 
0.04
 
3.50
 
4.10
 
1.25
 
1.43
 
ASIA
348 807
 
458 793
 
3.67
 
2.43
 
380 656
 
430 302
 
1.72
 
0.98
 
0.92
 
1.07
 
1.92
 
1.43
 
China 3
35 130
 
38 037
 
-0.19
 
0.53
 
12 833
 
12 952
 
-1.76
 
-0.41
 
2.42
 
2.62
 
1.94
 
1.00
 
India
184 019
 
254 528
 
5.37
 
2.82
 
140 441
 
161 556
 
2.13
 
1.22
 
1.31
 
1.58
 
3.17
 
1.58
 
Indonesia
1 538
 
1 972
 
0.40
 
2.44
 
14 223
 
16 519
 
2.93
 
1.22
 
0.11
 
0.12
 
-2.46
 
1.20
 
Iran
7 612
 
8 090
 
-0.64
 
0.61
 
20 883
 
18 655
 
-1.01
 
-1.39
 
0.36
 
0.43
 
0.37
 
2.02
 
Japan
7 300
 
7 297
 
-0.54
 
-0.01
 
846
 
813
 
-1.35
 
-0.31
 
8.63
 
8.97
 
0.82
 
0.30
 
Kazakhstan
5 530
 
5 949
 
0.95
 
0.63
 
2 766
 
2 546
 
0.30
 
-0.90
 
2.00
 
2.34
 
0.65
 
1.54
 
Korea
2 044
 
1 957
 
0.11
 
-0.35
 
258
 
241
 
0.67
 
-0.61
 
7.91
 
8.11
 
-0.56
 
0.26
 
Malaysia
46
 
48
 
-7.97
 
0.40
 
51
 
46
 
-15.65
 
-1.39
 
0.91
 
1.05
 
9.10
 
1.81
 
Pakistan
45 636
 
63 696
 
3.17
 
3.07
 
37 135
 
45 133
 
2.89
 
1.65
 
1.23
 
1.41
 
0.28
 
1.39
 
Philippines
20
 
23
 
2.47
 
1.38
 
5
 
5
 
-0.31
 
-0.71
 
3.70
 
4.57
 
2.79
 
2.11
 
Saudi Arabia
2 470
 
2 887
 
3.55
 
1.46
 
4 823
 
4 880
 
0.85
 
-0.11
 
0.51
 
0.59
 
2.68
 
1.57
 
Thailand
407
 
380
 
-10.45
 
-0.43
 
202
 
169
 
1.61
 
-1.98
 
2.01
 
2.25
 
-11.87
 
1.58
 
Turkey
21 537
 
27 627
 
4.89
 
2.37
 
29 369
 
33 884
 
5.78
 
1.06
 
0.73
 
0.82
 
-0.84
 
1.29
 
Viet Nam
945
 
1 422
 
14.12
 
3.68
 
338
 
430
 
11.54
 
2.08
 
2.79
 
3.31
 
2.31
 
1.57
 
OCEANIA
30 942
 
31 182
 
1.69
 
0.11
 
6 610
 
6 369
 
0.52
 
-0.19
 
4.68
 
4.90
 
1.16
 
0.30
 
Australia
9 326
 
8 606
 
-0.21
 
-0.53
 
1 543
 
1 400
 
-0.61
 
-0.53
 
6.05
 
6.15
 
0.41
 
0.01
 
New Zealand
21 549
 
22 499
 
2.61
 
0.36
 
5 012
 
4 916
 
0.90
 
-0.09
 
4.30
 
4.58
 
1.70
 
0.45
 
DEVELOPED COUNTRIES
401 312
 
429 208
 
1.23
 
0.62
 
78 741
 
77 810
 
0.13
 
-0.13
 
5.10
 
5.52
 
1.10
 
0.75
 
DEVELOPING COUNTRIES
438 216
 
567 552
 
2.76
 
2.34
 
629 198
 
704 234
 
1.15
 
0.95
 
0.70
 
0.81
 
1.59
 
1.37
 
LEAST DEVELOPED COUNTRIES (LDC)
27 329
 
35 266
 
0.02
 
2.61
 
219 943
 
246 897
 
0.93
 
1.07
 
0.12
 
0.14
 
-0.90
 
1.53
 
OECD 4
366 080
 
392 376
 
1.49
 
0.66
 
81 755
 
85 118
 
1.92
 
0.28
 
4.48
 
4.61
 
-0.43
 
0.38
 
BRICS
288 017
 
372 625
 
3.43
 
2.23
 
178 812
 
201 432
 
0.88
 
1.01
 
1.61
 
1.85
 
2.53
 
1.21
 
Note: Calendar year; except year ending 30 June for Australia and 31 May for New Zealand. Average 2017-19est: Data for 2019 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Least-squares growth rate (see glossary).
2.
Refers to all current European Union member States (excludes the United Kingdom)
3.
Refers to mainland only. The economies of Chinese Taipei, Hong Kong (China) and Macau (China) are included in the Asia aggregate.
4.
Excludes Iceland but includes all EU member countries.
Source: OECD/FAO (2020), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database).dx.doi.org/10.1787/agr-outl-data-en

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