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.18.2 - Soybean projections: Consumption, domestic crush

English Also available in: French

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

‌C.18.2Soybean projections: Consumption, domestic crush
C.18.2Soybean projections: Consumption, domestic crush
  Marketing year
‌‌
CONSUMPTION (kt)
Growth (%) 4
DOMESTIC CRUSH (kt)
Growth (%) 4
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
WORLD
348 300
 
406 057
 
3.99
 
1.33
 
312 969
 
368 842
 
4.14
 
1.40
 
NORTH AMERICA
63 873
 
67 240
 
3.21
 
0.44
 
58 661
 
61 678
 
3.05
 
0.43
 
Canada
2 743
 
3 572
 
4.09
 
4.24
 
1 942
 
2 912
 
3.99
 
4.84
 
United States
61 130
 
63 668
 
3.17
 
0.26
 
56 718
 
58 766
 
3.02
 
0.25
 
LATIN AMERICA
106 857
 
125 425
 
2.75
 
1.35
 
99 832
 
117 138
 
2.79
 
1.34
 
Argentina
43 537
 
49 908
 
2.31
 
0.98
 
42 543
 
48 842
 
2.36
 
1.00
 
Brazil
48 679
 
58 170
 
2.35
 
1.69
 
43 385
 
51 782
 
2.32
 
1.69
 
Chile
223
 
386
 
3.53
 
1.45
 
223
 
386
 
3.57
 
1.45
 
Colombia
922
 
1 046
 
8.65
 
0.85
 
917
 
1 041
 
8.63
 
0.85
 
Mexico
5 205
 
6 016
 
4.76
 
0.99
 
4 968
 
5 766
 
5.01
 
1.01
 
Paraguay
4 190
 
5 133
 
8.67
 
1.57
 
4 027
 
4 935
 
8.82
 
1.54
 
Peru
398
 
435
 
20.23
 
0.93
 
397
 
435
 
20.46
 
0.93
 
EUROPE
25 028
 
27 000
 
4.88
 
0.43
 
22 483
 
24 331
 
4.85
 
0.46
 
European Union 1
16 789
 
17 938
 
3.83
 
0.50
 
14 789
 
15 872
 
3.57
 
0.57
 
United Kingdom
747
 
747
 
-0.97
 
0.00
 
667
 
650
 
-0.13
 
-0.39
 
Russia
4 883
 
5 269
 
9.92
 
0.10
 
4 796
 
5 191
 
9.77
 
0.10
 
Ukraine
1 555
 
1 818
 
9.29
 
0.62
 
1 404
 
1 639
 
9.33
 
0.64
 
AFRICA
7 338
 
11 187
 
8.34
 
2.78
 
6 703
 
10 334
 
9.64
 
2.78
 
Egypt
3 469
 
5 744
 
9.29
 
3.14
 
3 469
 
5 744
 
9.34
 
3.14
 
Ethiopia
40
 
54
 
6.82
 
2.61
 
20
 
31
 
5.56
 
3.99
 
Nigeria
727
 
904
 
2.54
 
1.78
 
592
 
674
 
9.19
 
0.87
 
South Africa
1 265
 
1 752
 
13.02
 
2.18
 
1 139
 
1 584
 
13.07
 
2.19
 
ASIA
145 162
 
175 162
 
4.99
 
1.73
 
125 250
 
155 321
 
5.51
 
1.92
 
China 2
104 202
 
125 716
 
5.31
 
1.80
 
88 153
 
110 385
 
5.73
 
2.09
 
India
12 320
 
14 575
 
-0.61
 
1.85
 
10 481
 
12 321
 
-0.71
 
1.83
 
Indonesia
3 303
 
4 525
 
2.98
 
2.08
 
2 705
 
3 741
 
5.73
 
1.85
 
Iran
2 393
 
2 661
 
19.94
 
0.95
 
2 378
 
2 644
 
20.29
 
0.96
 
Japan
3 578
 
3 400
 
1.18
 
-0.53
 
2 771
 
2 589
 
2.51
 
-0.69
 
Kazakhstan
267
 
310
 
5.24
 
1.33
 
139
 
153
 
2.56
 
0.88
 
Korea
1 398
 
1 559
 
-0.30
 
0.71
 
1 376
 
1 528
 
-0.06
 
0.72
 
Malaysia
843
 
996
 
7.91
 
1.05
 
842
 
996
 
7.90
 
1.05
 
Pakistan
2 559
 
3 794
 
36.15
 
2.62
 
2 555
 
3 784
 
36.20
 
2.63
 
Philippines
218
 
300
 
20.06
 
1.58
 
218
 
300
 
20.37
 
1.58
 
Saudi Arabia
582
 
741
 
126.28
 
1.38
 
582
 
741
 
126.28
 
1.38
 
Thailand
2 900
 
3 413
 
5.27
 
1.50
 
2 865
 
3 394
 
5.50
 
1.51
 
Turkey
2 214
 
2 477
 
6.78
 
1.58
 
2 160
 
2 433
 
7.18
 
1.61
 
Viet Nam
1 897
 
2 482
 
11.35
 
2.18
 
1 855
 
2 452
 
14.52
 
2.21
 
OCEANIA
41
 
42
 
-1.08
 
2.66
 
40
 
40
 
-1.06
 
2.77
 
Australia
40
 
41
 
-1.09
 
2.74
 
40
 
40
 
-1.06
 
2.77
 
New Zealand
1
 
1
 
0.00
 
0.00
 
0
 
0
 
0.00
 
0.00
 
DEVELOPED COUNTRIES
94 714
 
100 470
 
3.65
 
0.44
 
85 887
 
91 094
 
3.58
 
0.43
 
DEVELOPING COUNTRIES
253 586
 
305 587
 
4.12
 
1.64
 
227 082
 
277 748
 
4.36
 
1.73
 
LEAST DEVELOPED COUNTRIES (LDC)
2 139
 
2 849
 
14.29
 
1.72
 
1 710
 
2 325
 
19.83
 
1.66
 
OECD 3
96 136
 
102 174
 
3.35
 
0.49
 
87 709
 
93 299
 
3.30
 
0.49
 
BRICS
171 349
 
205 482
 
4.04
 
1.73
 
147 955
 
181 263
 
4.24
 
1.89
 
Note: Marketing year: See Glossary of Terms for definitions. Average 2017-19est: Data for 2019 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Refers to all current European Union member States (excludes the United Kingdom)
2.
Refers to mainland only. The economies of Chinese Taipei, Hong Kong (China) and Macau (China) are included in the Asia aggregate.
3.
Excludes Iceland but includes all EU member countries.
4.
Least-squares growth rate (see glossary).
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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