1887

OECD-FAO Agricultural Outlook 2019-2028

image of OECD-FAO Agricultural Outlook 2019-2028

The Agricultural Outlook 2019-2028 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings together the commodity, policy and country expertise of both organisations as well as input from collaborating member countries to provide an annual assessment of the prospects for the coming decade of national, regional and global agricultural commodity markets.

This year's Special Feature will focus on agricultural development in Latin America.

English Chinese, Spanish, French, Italian

From Chapter: Statistical Annex
.

OECD-FAO Agricultural Outlook 2019-2028 - © OECD 2019

‌C.9World cotton projections
C.9World cotton projections
  Marketing year
‌‌
‌‌
Average
2016-18est
‌2019‌
‌2020‌
‌2021‌
‌2022‌
‌2023‌
‌2024‌
‌2025‌
‌2026‌
‌2027‌
2028
WORLD
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
25.2
 
26.4
 
26.6
 
26.8
 
27.2
 
27.5
 
27.9
 
28.2
 
28.6
 
28.9
 
29.2
 
Area
Mha
32.1
 
33.5
 
33.6
 
33.7
 
33.9
 
34.1
 
34.3
 
34.5
 
34.8
 
34.9
 
35.1
 
Yield
t/ha
0.78
 
0.79
 
0.79
 
0.80
 
0.80
 
0.81
 
0.81
 
0.82
 
0.82
 
0.83
 
0.83
 
Consumption 1
Mt
26.2
 
27.3
 
27.6
 
27.7
 
27.9
 
28.0
 
28.0
 
28.2
 
28.5
 
28.8
 
29.2
 
Exports
Mt
8.8
 
9.9
 
10.2
 
10.3
 
10.5
 
10.7
 
10.8
 
11.0
 
11.2
 
11.4
 
11.6
 
Closing stocks
Mt
18.6
 
16.9
 
15.9
 
15.0
 
14.3
 
13.8
 
13.6
 
13.6
 
13.6
 
13.7
 
13.7
 
Price 2
USD/t
1 908.9
 
1 745.4
 
1 627.4
 
1 597.2
 
1 631.3
 
1 666.5
 
1 696.5
 
1 707.1
 
1 713.8
 
1 722.2
 
1 734.7
 
DEVELOPED COUNTRIES
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
6.6
 
6.6
 
6.6
 
6.6
 
6.7
 
6.8
 
6.9
 
6.9
 
7.0
 
7.0
 
7.1
 
Consumption
Mt
1.7
 
1.7
 
1.7
 
1.8
 
1.8
 
1.8
 
1.8
 
1.8
 
1.8
 
1.9
 
1.9
 
Exports
Mt
5.1
 
5.0
 
5.2
 
5.2
 
5.3
 
5.3
 
5.4
 
5.4
 
5.4
 
5.5
 
5.5
 
Imports
Mt
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
0.3
 
Closing stocks
Mt
2.1
 
2.4
 
2.4
 
2.3
 
2.3
 
2.3
 
2.4
 
2.4
 
2.4
 
2.4
 
2.5
 
DEVELOPING COUNTRIES
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
18.6
 
19.8
 
20.0
 
20.2
 
20.4
 
20.7
 
21.0
 
21.3
 
21.6
 
21.9
 
22.1
 
Consumption
Mt
24.6
 
25.6
 
25.9
 
26.0
 
26.1
 
26.3
 
26.2
 
26.4
 
26.7
 
27.0
 
27.3
 
Exports
Mt
3.7
 
4.9
 
4.9
 
5.1
 
5.2
 
5.4
 
5.5
 
5.6
 
5.8
 
5.9
 
6.1
 
Imports
Mt
8.6
 
9.6
 
9.8
 
10.0
 
10.2
 
10.4
 
10.5
 
10.7
 
10.9
 
11.1
 
11.3
 
Closing stocks
Mt
16.6
 
14.6
 
13.6
 
12.7
 
12.0
 
11.4
 
11.2
 
11.2
 
11.2
 
11.2
 
11.2
 
OECD 3
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
6.3
 
6.4
 
6.5
 
6.6
 
6.7
 
6.7
 
6.8
 
6.9
 
7.0
 
7.0
 
7.1
 
Consumption
Mt
3.2
 
3.3
 
3.5
 
3.5
 
3.5
 
3.6
 
3.6
 
3.6
 
3.6
 
3.7
 
3.7
 
Exports
Mt
4.6
 
4.4
 
4.6
 
4.6
 
4.7
 
4.8
 
4.8
 
4.8
 
4.9
 
4.9
 
5.0
 
Imports
Mt
1.5
 
1.4
 
1.5
 
1.6
 
1.6
 
1.6
 
1.6
 
1.6
 
1.6
 
1.6
 
1.6
 
Closing stocks
Mt
2.5
 
2.7
 
2.7
 
2.7
 
2.7
 
2.7
 
2.7
 
2.7
 
2.8
 
2.8
 
2.8
 
Note: Marketing year: See Glossary of Terms for definitions. Average 2016-18est: Data for 2018 are estimated. Prices are in nominal terms.
Disclaimer: http://oe.cd/disclaimer
1.
Consumption for cotton means mill consumption and not final consumer demand.
2.
Cotlook A index, Middling 1 1/8", c.f.r. far Eastern ports (August/July).
3.
Excludes Iceland but includes all EU member countries.
Source: OECD/FAO (2019), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en

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