1887

OECD-FAO Agricultural Outlook 2015

image of 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.

English French, Spanish, Chinese

From Chapter: Commodity snapshots
.

OECD-FAO Agricultural Outlook 2015 - © OECD 2015

‌3.A1.3World sugar projections
3.A1.3World 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
1.
Raw sugar world price, ICE contract No11 nearby, October/September.
2.
Refined sugar price, White Sugar Futures Contract No. 407, Euronext market, Liffe, London, Europe, October/September.
3.
United States wholesale list price HFCS-55 , October/September.
4.
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

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