1887

OECD-FAO Agricultural Outlook 2018-2027

image of OECD-FAO Agricultural Outlook 2018-2027

The fourteenth joint edition of the OECD-FAO Agricultural Outlook provides market projections for major agricultural commodities, biofuels and fish, as well as a special feature on the prospects and challenges of agriculture and fisheries in the Middle East and North Africa.

World agricultural markets have changed markedly since the food price spikes of 2007-8, as production has grown strongly while demand growth has started to weaken. In the coming decade, real agricultural prices are expected to remain low as a result of reduced growth in global food and feed demand. Net exports will tend to increase from land abundant countries and regions, notably in the Americas. Countries with limited natural resources, slow production expansion and high population growth will see rising net imports. Increasing import dependence is projected in particular for the Middle East and North Africa, where a scarcity of arable land and water constrains agricultural production.

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From Chapter: Statistical Annex
.

Table A.31.2 - Butter projections: Consumption, food

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OECD-FAO Agricultural Outlook 2018-2027 - © OECD 2018

‌A.31.2Butter projections: Consumption, food
A.31.2Butter projections: Consumption, food
  Calendar year
‌‌
CONSUMPTION (kt)
Growth (%) 3
FOOD (kg/cap)
Growth (%) 3
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
WORLD
11 005
 
14 008
 
2.60
 
2.18
 
1.5
 
1.7
 
1.40
 
1.20
 
NORTH AMERICA
941
 
1 100
 
2.46
 
1.38
 
2.6
 
2.8
 
1.68
 
0.66
 
Canada
104
 
126
 
2.08
 
1.89
 
2.9
 
3.2
 
1.04
 
1.06
 
United States
837
 
974
 
2.51
 
1.31
 
2.6
 
2.8
 
1.76
 
0.61
 
LATIN AMERICA
477
 
545
 
3.68
 
1.19
 
0.7
 
0.8
 
2.51
 
0.34
 
Argentina
36
 
38
 
2.16
 
1.25
 
0.8
 
0.8
 
1.12
 
0.39
 
Brazil
101
 
112
 
3.23
 
0.87
 
0.5
 
0.5
 
2.30
 
0.27
 
Chile
24
 
32
 
5.39
 
1.77
 
1.4
 
1.6
 
4.45
 
1.09
 
Colombia
21
 
27
 
0.53
 
2.23
 
0.4
 
0.5
 
-0.45
 
1.57
 
Mexico
220
 
253
 
5.69
 
1.32
 
1.7
 
1.8
 
4.21
 
0.26
 
Paraguay
0
 
0
 
..
 
..
 
0.0
 
0.0
 
..
 
..
 
EUROPE
2 797
 
3 081
 
1.13
 
0.94
 
3.8
 
4.2
 
1.02
 
0.96
 
European Union
2 173
 
2 391
 
1.44
 
0.96
 
4.3
 
4.7
 
1.28
 
0.90
 
Russia
419
 
484
 
-0.02
 
1.22
 
2.9
 
3.4
 
-0.10
 
1.38
 
Ukraine
92
 
98
 
1.63
 
0.79
 
2.1
 
2.3
 
2.13
 
1.33
 
AFRICA
428
 
477
 
0.63
 
1.16
 
0.3
 
0.3
 
-1.93
 
-1.20
 
Egypt
177
 
195
 
0.77
 
1.13
 
1.9
 
1.7
 
-1.34
 
-0.47
 
Ethiopia
18
 
21
 
12.73
 
1.93
 
0.2
 
0.2
 
-2.60
 
-0.33
 
Nigeria
19
 
23
 
-6.08
 
2.47
 
0.1
 
0.1
 
-8.54
 
-0.07
 
South Africa
14
 
18
 
-0.34
 
2.22
 
0.2
 
0.3
 
-1.67
 
1.18
 
ASIA
6 113
 
8 522
 
3.32
 
2.96
 
1.4
 
1.8
 
2.25
 
2.21
 
China 1
179
 
247
 
5.35
 
1.97
 
0.1
 
0.2
 
4.79
 
1.76
 
India
4 167
 
5 857
 
3.81
 
3.04
 
3.1
 
4.0
 
2.54
 
2.05
 
Indonesia
24
 
30
 
12.17
 
1.47
 
0.1
 
0.1
 
10.78
 
0.56
 
Iran
256
 
290
 
0.48
 
1.29
 
3.2
 
3.3
 
-0.73
 
0.54
 
Japan
75
 
69
 
-1.22
 
-0.66
 
0.6
 
0.6
 
-1.13
 
-0.32
 
Kazakhstan
19
 
22
 
-1.89
 
0.62
 
1.1
 
1.1
 
-3.34
 
-0.25
 
Korea
11
 
18
 
4.12
 
4.77
 
0.2
 
0.3
 
3.70
 
4.49
 
Malaysia
12
 
12
 
4.32
 
0.83
 
0.4
 
0.3
 
2.52
 
-0.39
 
Pakistan
730
 
1 288
 
2.12
 
4.94
 
3.8
 
5.5
 
0.03
 
3.18
 
Philippines
27
 
40
 
5.52
 
2.41
 
0.3
 
0.3
 
3.83
 
0.99
 
Saudi Arabia
52
 
53
 
9.82
 
1.37
 
1.6
 
1.4
 
6.88
 
-0.08
 
Thailand
12
 
12
 
3.57
 
-0.43
 
0.2
 
0.2
 
3.14
 
-0.51
 
Turkey
223
 
244
 
4.89
 
0.99
 
2.8
 
2.8
 
3.29
 
0.37
 
Viet Nam
8
 
12
 
-1.60
 
4.71
 
0.1
 
0.1
 
-2.68
 
3.81
 
OCEANIA
249
 
283
 
6.73
 
1.02
 
6.3
 
6.3
 
5.07
 
-0.23
 
Australia
118
 
145
 
5.81
 
1.53
 
4.9
 
5.3
 
4.25
 
0.40
 
New Zealand
123
 
129
 
9.84
 
0.49
 
26.5
 
25.3
 
8.67
 
-0.32
 
DEVELOPED COUNTRIES
4 143
 
4 625
 
1.57
 
1.02
 
2.9
 
3.2
 
1.15
 
0.73
 
DEVELOPING COUNTRIES
6 861
 
9 384
 
3.28
 
2.81
 
1.1
 
1.4
 
1.88
 
1.66
 
LEAST DEVELOPED COUNTRIES (LDC)
197
 
206
 
2.52
 
0.50
 
0.2
 
0.2
 
0.13
 
-1.72
 
OECD 2
3 976
 
4 451
 
2.30
 
1.07
 
3.0
 
3.2
 
1.72
 
0.67
 
BRICS
4 880
 
6 719
 
3.43
 
2.82
 
1.6
 
2.0
 
2.56
 
2.24
 
..
Not available
Note: Calendar year; except year ending 30 June for Australia and 31 May for New Zealand.
Average 2015-17est: Data for 2017 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Refers to mainland only. The economies of Chinese Taipei, Hong Kong (China) and Macau (China) are included in the Asia aggregate.
2.
Excludes Iceland but includes all EU28 member countries.
3.
Least-squares growth rate (see glossary).
Source: OECD/FAO (2018), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en

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