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.37 - Whey powder and casein projections

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

‌A.37Whey powder and casein projections
A.37Whey powder and casein projections
  Calendar year
‌‌
‌‌
Average
2015-17est
‌2027‌
Growth (%) 2
‌‌
‌2008-17‌
‌2018-27‌
AUSTRALIA
 
 
 
 
 
Net trade, whey
kt pw
86.5
 
84.8
 
0.67
 
-0.31
 
Exports, casein
kt pw
0.4
 
1.7
 
-34.52
 
9.38
 
CANADA
 
 
 
 
 
Net trade, whey
kt pw
31.4
 
35.8
 
11.28
 
0.53
 
EUROPEAN UNION
 
 
 
 
 
Whey powder
 
 
 
 
 
Production
kt pw
1 858.8
 
2 079.2
 
1.57
 
0.92
 
Consumption
kt pw
1 311.3
 
1 403.2
 
0.32
 
0.50
 
Net trade
kt pw
547.5
 
676.0
 
5.28
 
1.85
 
Casein
 
 
 
 
 
Production
kt pw
154.4
 
149.2
 
1.65
 
1.42
 
Consumption
kt pw
76.8
 
70.6
 
-4.95
 
-0.07
 
Net trade
kt pw
77.6
 
78.6
 
15.64
 
3.05
 
JAPAN
 
 
 
 
 
Net trade, whey
kt pw
-57.8
 
-66.8
 
..
 
..
 
Casein imports
kt pw
13.3
 
13.5
 
-1.65
 
-0.05
 
NEW ZEALAND
 
 
 
 
 
Net trade, whey
kt pw
-5.4
 
0.0
 
..
 
..
 
Exports, casein
kt pw
209.0
 
277.8
 
3.67
 
1.03
 
UNITED STATES
 
 
 
 
 
Whey
 
 
 
 
 
Production
kt pw
491.4
 
549.3
 
0.22
 
1.47
 
Consumption
kt pw
257.9
 
274.2
 
-2.02
 
0.80
 
Exports
kt pw
233.5
 
275.1
 
3.33
 
2.19
 
Imports, casein
kt pw
131.0
 
157.3
 
4.09
 
1.49
 
ARGENTINA
 
 
 
 
 
Net trade, whey
kt pw
64.4
 
90.2
 
3.40
 
2.45
 
BRAZIL
 
 
 
 
 
Net trade, whey
kt pw
-24.9
 
-35.0
 
..
 
..
 
CHINA 1
 
 
 
 
 
Net trade, whey
kt pw
-417.1
 
-479.7
 
..
 
..
 
RUSSIA
 
 
 
 
 
Net trade, whey
kt pw
-59.3
 
-64.4
 
..
 
..
 
..
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.
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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