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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.

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From Chapter: Statistical annex
.

Table C.21.2 - Vegetable oil projections: Consumption, food

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

‌C.21.2Vegetable oil projections: Consumption, food
C.21.2Vegetable oil projections: Consumption, food
  Marketing year
‌‌
CONSUMPTION (kt)
Growth (%) 4
FOOD (kg/cap)
Growth (%) 4
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
Average
2017-19est
‌2029‌
‌2010-19‌
‌2020-29‌
WORLD
209 762
 
246 424
 
4.25
 
1.40
 
18.3
 
19.8
 
2.32
 
0.85
 
NORTH AMERICA
18 315
 
19 111
 
3.93
 
0.26
 
39.2
 
39.0
 
1.20
 
0.60
 
Canada
1 464
 
1 573
 
5.94
 
0.40
 
36.3
 
35.3
 
3.81
 
-0.36
 
United States
16 852
 
17 537
 
3.77
 
0.25
 
39.5
 
39.4
 
0.96
 
0.71
 
LATIN AMERICA
20 798
 
24 452
 
2.85
 
1.47
 
19.2
 
20.2
 
0.57
 
0.48
 
Argentina
3 368
 
4 128
 
1.66
 
2.41
 
19.2
 
21.7
 
0.22
 
1.16
 
Brazil
8 306
 
9 353
 
3.52
 
1.15
 
24.3
 
24.4
 
0.17
 
0.36
 
Chile
587
 
709
 
6.07
 
1.49
 
11.5
 
12.5
 
3.16
 
0.58
 
Colombia
1 882
 
2 323
 
4.72
 
1.69
 
21.0
 
24.8
 
2.99
 
1.44
 
Mexico
2 936
 
3 454
 
3.06
 
1.31
 
23.3
 
24.7
 
1.79
 
0.40
 
Paraguay
122
 
136
 
-5.28
 
0.80
 
16.5
 
16.3
 
-6.02
 
-0.27
 
Peru
905
 
1 165
 
7.31
 
2.33
 
10.6
 
12.7
 
5.22
 
1.75
 
EUROPE
32 285
 
29 942
 
2.65
 
-0.37
 
25.5
 
25.1
 
3.31
 
0.51
 
European Union 1
23 981
 
21 081
 
2.40
 
-0.79
 
25.6
 
23.7
 
3.35
 
0.32
 
United Kingdom
1 984
 
1 832
 
1.39
 
0.28
 
29.6
 
26.1
 
0.70
 
-0.09
 
Russia
4 340
 
4 742
 
5.73
 
0.62
 
29.8
 
33.0
 
5.52
 
0.80
 
Ukraine
715
 
935
 
-2.28
 
2.30
 
12.2
 
17.7
 
-2.82
 
3.36
 
AFRICA
18 351
 
23 985
 
4.42
 
2.47
 
9.5
 
10.0
 
1.65
 
0.57
 
Egypt
2 550
 
3 107
 
5.39
 
1.64
 
8.4
 
9.1
 
5.31
 
0.69
 
Ethiopia
575
 
856
 
11.48
 
3.97
 
4.9
 
5.9
 
8.65
 
1.95
 
Nigeria
3 013
 
4 107
 
3.28
 
2.75
 
10.0
 
10.4
 
0.49
 
0.32
 
South Africa
1 439
 
1 639
 
4.14
 
1.20
 
13.8
 
14.8
 
2.29
 
0.83
 
ASIA
119 249
 
147 931
 
5.02
 
1.77
 
17.7
 
20.7
 
3.00
 
1.34
 
China 2
37 532
 
43 461
 
3.81
 
1.45
 
26.3
 
29.8
 
3.27
 
1.29
 
India
24 809
 
33 474
 
4.09
 
2.69
 
11.1
 
14.3
 
1.04
 
2.32
 
Indonesia
16 884
 
22 713
 
10.37
 
1.54
 
24.2
 
34.3
 
10.05
 
1.65
 
Iran
2 038
 
2 156
 
3.48
 
0.23
 
11.6
 
11.3
 
0.78
 
-0.42
 
Japan
2 430
 
2 511
 
1.28
 
0.21
 
19.1
 
20.7
 
1.42
 
0.67
 
Kazakhstan
349
 
402
 
1.70
 
1.01
 
18.1
 
19.0
 
0.19
 
0.20
 
Korea
1 460
 
1 539
 
3.78
 
0.41
 
16.2
 
18.6
 
0.35
 
0.98
 
Malaysia
5 426
 
6 428
 
4.73
 
1.10
 
27.2
 
30.9
 
4.89
 
0.27
 
Pakistan
5 264
 
6 723
 
4.46
 
2.33
 
20.4
 
22.4
 
2.54
 
0.99
 
Philippines
2 253
 
2 939
 
7.79
 
2.32
 
6.1
 
8.4
 
12.30
 
2.03
 
Saudi Arabia
902
 
1 231
 
12.35
 
2.65
 
21.4
 
24.9
 
9.34
 
1.23
 
Thailand
3 790
 
4 616
 
9.68
 
1.37
 
13.5
 
18.3
 
8.18
 
2.54
 
Turkey
2 881
 
3 166
 
4.16
 
0.99
 
25.9
 
26.5
 
1.98
 
0.47
 
Viet Nam
1 574
 
1 939
 
6.12
 
1.70
 
2.5
 
3.4
 
3.06
 
2.88
 
OCEANIA
763
 
1 005
 
2.69
 
2.81
 
17.4
 
20.5
 
1.59
 
1.78
 
Australia
533
 
743
 
2.92
 
3.43
 
21.4
 
26.6
 
1.46
 
2.39
 
New Zealand
105
 
123
 
3.28
 
1.44
 
22.2
 
23.9
 
2.25
 
0.73
 
DEVELOPED COUNTRIES
56 708
 
55 886
 
3.00
 
0.01
 
27.1
 
27.2
 
2.23
 
0.61
 
DEVELOPING COUNTRIES
153 053
 
190 538
 
4.75
 
1.85
 
16.2
 
18.3
 
2.48
 
1.01
 
LEAST DEVELOPED COUNTRIES (LDC)
10 948
 
14 588
 
5.38
 
2.60
 
8.6
 
9.3
 
2.40
 
0.83
 
OECD 3
57 920
 
57 473
 
3.09
 
0.07
 
27.7
 
27.7
 
2.01
 
0.57
 
BRICS
76 427
 
92 669
 
3.98
 
1.80
 
19.7
 
22.5
 
2.44
 
1.32
 
Note: 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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