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.34.1 - Whole milk powder projections: Production and trade

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

‌A.34.1Whole milk powder projections: Production and trade
A.34.1Whole milk powder projections: Production and trade
  Calendar year
‌‌
‌PRODUCTION (kt)‌
Growth (%) 3
IMPORTS (kt)
Growth (%) 3
EXPORTS (kt)
Growth (%) 3
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
WORLD
5 317
 
6 346
 
3.46
 
1.57
 
2 365
 
2 691
 
2.65
 
1.27
 
2 461
 
2 691
 
3.20
 
1.27
 
NORTH AMERICA
55
 
56
 
5.90
 
1.19
 
17
 
21
 
1.17
 
0.00
 
20
 
28
 
5.51
 
2.87
 
Canada
9
 
8
 
-3.69
 
-1.03
 
2
 
2
 
-11.77
 
0.00
 
1
 
1
 
4.13
 
0.00
 
United States
47
 
48
 
8.93
 
1.62
 
14
 
19
 
6.01
 
0.00
 
20
 
27
 
5.57
 
2.95
 
LATIN AMERICA
1 415
 
1 983
 
2.30
 
2.60
 
336
 
264
 
-2.28
 
-2.22
 
310
 
389
 
2.50
 
2.51
 
Argentina
211
 
320
 
-0.09
 
3.23
 
1
 
1
 
-3.06
 
0.00
 
128
 
208
 
0.00
 
4.46
 
Brazil
563
 
811
 
1.24
 
3.24
 
99
 
52
 
11.27
 
-6.77
 
24
 
41
 
5.68
 
9.61
 
Chile
70
 
60
 
-2.87
 
-1.57
 
8
 
22
 
32.97
 
9.84
 
6
 
2
 
-9.39
 
-8.96
 
Colombia
41
 
70
 
0.24
 
4.55
 
22
 
12
 
63.24
 
-6.12
 
3
 
3
 
4.76
 
5.91
 
Mexico
218
 
254
 
0.80
 
1.23
 
38
 
10
 
7.92
 
-10.79
 
12
 
3
 
10.27
 
-13.88
 
Paraguay
0
 
0
 
..
 
..
 
1
 
1
 
7.09
 
0.00
 
1
 
1
 
-7.31
 
0.01
 
EUROPE
821
 
981
 
-0.86
 
1.83
 
51
 
43
 
23.63
 
-2.81
 
417
 
471
 
-2.73
 
1.81
 
European Union
722
 
854
 
-0.04
 
1.73
 
4
 
4
 
15.68
 
0.00
 
381
 
429
 
-2.65
 
1.64
 
Russia
27
 
47
 
-11.69
 
2.05
 
45
 
37
 
31.51
 
-3.22
 
1
 
0
 
5.83
 
..
 
Ukraine
7
 
4
 
-10.50
 
-2.04
 
0
 
0
 
-23.97
 
11.71
 
2
 
1
 
-16.86
 
-10.48
 
AFRICA
25
 
24
 
-0.24
 
-1.42
 
574
 
756
 
1.31
 
2.49
 
20
 
15
 
7.23
 
-3.08
 
Egypt
0
 
0
 
..
 
..
 
45
 
67
 
10.05
 
3.89
 
5
 
4
 
21.14
 
-3.74
 
Ethiopia
0
 
0
 
..
 
..
 
1
 
1
 
-5.50
 
2.26
 
0
 
0
 
..
 
..
 
Nigeria
0
 
0
 
..
 
..
 
89
 
120
 
-3.52
 
3.49
 
1
 
1
 
21.82
 
-3.37
 
South Africa
15
 
15
 
-0.44
 
0.22
 
4
 
5
 
9.00
 
3.09
 
6
 
4
 
6.48
 
-3.00
 
ASIA
1 573
 
1 746
 
4.38
 
0.74
 
1 357
 
1 576
 
4.68
 
1.61
 
281
 
248
 
-2.53
 
-0.57
 
China 1
1 464
 
1 609
 
4.53
 
0.63
 
398
 
570
 
18.18
 
2.62
 
3
 
2
 
-20.46
 
0.01
 
India
5
 
7
 
2.82
 
3.90
 
0
 
0
 
..
 
..
 
1
 
3
 
-10.69
 
5.50
 
Indonesia
75
 
92
 
4.58
 
2.20
 
48
 
61
 
-3.35
 
1.68
 
2
 
1
 
-30.04
 
-0.77
 
Iran
1
 
1
 
0.29
 
1.10
 
3
 
2
 
-8.34
 
0.01
 
2
 
2
 
3.14
 
0.05
 
Japan
11
 
13
 
-3.43
 
2.60
 
0
 
0
 
-6.37
 
0.00
 
0
 
0
 
..
 
..
 
Kazakhstan
15
 
17
 
0.56
 
1.03
 
3
 
4
 
-2.28
 
3.65
 
0
 
0
 
..
 
..
 
Korea
2
 
5
 
-2.34
 
6.56
 
3
 
4
 
11.68
 
-1.15
 
0
 
0
 
..
 
..
 
Malaysia
0
 
0
 
..
 
..
 
39
 
38
 
1.01
 
0.07
 
25
 
24
 
0.77
 
-0.07
 
Pakistan
0
 
0
 
..
 
..
 
4
 
5
 
-6.20
 
2.00
 
1
 
1
 
-8.33
 
-1.96
 
Philippines
0
 
0
 
..
 
..
 
36
 
28
 
-5.05
 
1.65
 
18
 
4
 
-15.75
 
-1.62
 
Saudi Arabia
0
 
0
 
..
 
..
 
121
 
127
 
4.59
 
1.56
 
21
 
20
 
-1.67
 
-1.54
 
Thailand
0
 
0
 
..
 
..
 
47
 
49
 
8.38
 
-0.09
 
2
 
2
 
-11.09
 
0.09
 
Turkey
0
 
0
 
..
 
..
 
0
 
0
 
-26.93
 
0.00
 
0
 
0
 
..
 
..
 
Viet Nam
0
 
0
 
..
 
..
 
25
 
19
 
-5.91
 
0.74
 
9
 
9
 
27.78
 
-0.74
 
OCEANIA
1 427
 
1 556
 
7.21
 
1.19
 
29
 
31
 
7.10
 
-0.26
 
1 414
 
1 541
 
7.77
 
1.17
 
Australia
57
 
53
 
-11.62
 
-0.48
 
18
 
19
 
9.28
 
-0.64
 
57
 
53
 
-8.23
 
-0.92
 
New Zealand
1 370
 
1 503
 
9.26
 
1.25
 
4
 
5
 
25.01
 
0.00
 
1 356
 
1 487
 
9.23
 
1.25
 
DEVELOPED COUNTRIES
2 344
 
2 640
 
3.53
 
1.42
 
103
 
105
 
10.22
 
-1.06
 
1 857
 
2 043
 
4.47
 
1.32
 
DEVELOPING COUNTRIES
2 973
 
3 706
 
3.40
 
1.67
 
2 261
 
2 586
 
2.39
 
1.38
 
605
 
648
 
0.00
 
1.11
 
LEAST DEVELOPED COUNTRIES (LDC)
2
 
3
 
0.19
 
1.13
 
168
 
217
 
2.00
 
3.15
 
7
 
5
 
6.36
 
-2.69
 
OECD 2
2 523
 
2 816
 
3.54
 
1.30
 
97
 
91
 
6.17
 
-0.74
 
1 834
 
2 003
 
4.61
 
1.21
 
BRICS
2 073
 
2 490
 
3.10
 
1.44
 
546
 
664
 
17.14
 
1.09
 
35
 
49
 
-3.40
 
6.14
 
..
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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