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OECD-FAO Agricultural Outlook 2021-2030

image of OECD-FAO Agricultural Outlook 2021-2030

The OECD-FAO Agricultural Outlook 2021-2030 is a collaborative effort of the Organisation for Economic Co-operation Development (OECD) and the Food and Agricultural Organization (FAO) of the United Nations, prepared with input from Member governments and international commodity organisations. It provides a consensus assessment of the ten-year prospects for agricultural commodity, fish and biofuel markets at national, regional and global levels, and serves as a reference for forward-looking policy analysis and planning.

The OECD-FAO Agricultural Outlook 2021-2030 presents the trends driving food and agricultural markets over the coming decade. While progress is expected on many important fronts, in order to realize the 2030 Agenda and achieve the sustainable development goals (SDGs), concerted actions and additional improvements will be needed by the agricultural sector.

More information can be found at www.agri-outlook.org.

English Also available in: Chinese, Spanish, French

From Chapter: Statistical Annex

Table C.5 - World dairy projections: Milk, butter and cheese

English Also available in: French

OECD-FAO Agricultural Outlook 2021-2030 - © OECD 2021

‌C.5World dairy projections: Milk, butter and cheese
C.5World dairy projections: Milk, butter and cheese
  Calendar year
‌‌
‌‌
Average
2018-20est
‌2021‌
‌2022‌
‌2023‌
‌2024‌
‌2025‌
‌2026‌
‌2027‌
2028
‌2029‌
‌2030‌
MILK
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
851 046
 
872 229
 
888 144
 
906 627
 
924 959
 
940 352
 
955 734
 
971 611
 
987 915
 
1 003 691
 
1 019 691
 
Inventory
000 hd
714 635
 
727 482
 
731 877
 
746 869
 
758 219
 
765 167
 
771 951
 
779 489
 
786 738
 
793 767
 
800 198
 
Yield
t/head
1.19
 
1.20
 
1.21
 
1.21
 
1.22
 
1.23
 
1.24
 
1.25
 
1.26
 
1.26
 
1.27
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
403 931
 
409 765
 
411 596
 
414 396
 
418 194
 
420 854
 
423 675
 
426 532
 
429 902
 
432 737
 
435 996
 
Inventory
000 hd
75 573
 
75 507
 
75 487
 
75 539
 
75 556
 
75 488
 
75 435
 
75 409
 
75 377
 
75 338
 
75 285
 
Yield
t/head
5.35
 
5.43
 
5.45
 
5.49
 
5.53
 
5.58
 
5.62
 
5.66
 
5.70
 
5.74
 
5.79
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
447 115
 
462 464
 
476 548
 
492 231
 
506 765
 
519 498
 
532 059
 
545 080
 
558 013
 
570 955
 
583 695
 
Inventory
000 hd
639 062
 
651 975
 
656 390
 
671 330
 
682 663
 
689 679
 
696 516
 
704 080
 
711 361
 
718 429
 
724 913
 
Yield
t/head
0.70
 
0.71
 
0.73
 
0.73
 
0.74
 
0.75
 
0.76
 
0.77
 
0.78
 
0.79
 
0.81
 
OECD 1
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
366 940
 
372 781
 
375 007
 
378 212
 
381 809
 
384 271
 
386 935
 
389 668
 
392 924
 
395 640
 
398 795
 
Inventory
000 hd
82 130
 
83 033
 
83 255
 
83 633
 
83 889
 
84 020
 
84 218
 
84 523
 
84 829
 
85 090
 
85 333
 
Yield
t/head
4.47
 
4.49
 
4.50
 
4.52
 
4.55
 
4.57
 
4.59
 
4.61
 
4.63
 
4.65
 
4.67
 
FRESH DAIRY PRODUCTS
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Consumption
kt pw
428 250
 
436 411
 
448 322
 
461 316
 
472 635
 
482 439
 
492 206
 
502 107
 
511 704
 
521 501
 
530 926
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Consumption
kt pw
133 311
 
132 897
 
133 826
 
134 918
 
135 869
 
136 656
 
137 323
 
138 172
 
138 960
 
139 804
 
140 557
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Consumption
kt pw
294 939
 
303 513
 
314 496
 
326 397
 
336 766
 
345 783
 
354 883
 
363 935
 
372 745
 
381 697
 
390 368
 
OECD 1
 
 
 
 
 
 
 
 
 
 
 
 
Consumption
kt pw
105 550
 
104 931
 
105 597
 
106 400
 
107 161
 
107 804
 
108 357
 
109 119
 
109 850
 
110 639
 
111 352
 
BUTTER
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
11 611
 
12 052
 
12 317
 
12 587
 
12 850
 
13 090
 
13 333
 
13 570
 
13 813
 
14 049
 
14 290
 
Consumption
kt pw
11 632
 
12 053
 
12 314
 
12 581
 
12 844
 
13 086
 
13 330
 
13 566
 
13 808
 
14 043
 
14 283
 
Stock changes
kt pw
-8
 
-1
 
3
 
6
 
6
 
4
 
3
 
4
 
5
 
6
 
6
 
Price 2
USD/t
4 424
 
4 037
 
4 130
 
4 180
 
4 222
 
4 287
 
4 366
 
4 462
 
4 517
 
4 564
 
4 600
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
4 829
 
4 903
 
4 936
 
4 967
 
5 003
 
5 042
 
5 078
 
5 109
 
5 137
 
5 165
 
5 194
 
Consumption
kt pw
4 339
 
4 391
 
4 413
 
4 435
 
4 459
 
4 484
 
4 507
 
4 526
 
4 544
 
4 561
 
4 579
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
6 782
 
7 149
 
7 381
 
7 620
 
7 847
 
8 048
 
8 255
 
8 461
 
8 676
 
8 884
 
9 096
 
Consumption
kt pw
7 292
 
7 662
 
7 901
 
8 147
 
8 385
 
8 602
 
8 823
 
9 040
 
9 264
 
9 481
 
9 704
 
OECD 1
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
4 721
 
4 802
 
4 842
 
4 882
 
4 919
 
4 958
 
4 992
 
5 023
 
5 050
 
5 077
 
5 104
 
Consumption
kt pw
4 236
 
4 285
 
4 309
 
4 337
 
4 361
 
4 388
 
4 412
 
4 433
 
4 453
 
4 472
 
4 492
 
Stock changes
kt pw
-4
 
-1
 
3
 
6
 
6
 
4
 
3
 
4
 
5
 
6
 
6
 
CHEESE
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
24 067
 
24 667
 
25 047
 
25 384
 
25 676
 
25 954
 
26 254
 
26 568
 
26 924
 
27 264
 
27 613
 
Consumption
kt pw
24 044
 
24 658
 
25 022
 
25 342
 
25 632
 
25 921
 
26 238
 
26 552
 
26 898
 
27 241
 
27 613
 
Stock changes
kt pw
5
 
9
 
25
 
42
 
44
 
33
 
16
 
16
 
25
 
22
 
0
 
Price 3
USD/t
3 842
 
3 910
 
3 990
 
4 057
 
4 122
 
4 190
 
4 267
 
4 349
 
4 419
 
4 485
 
4 545
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
19 866
 
20 371
 
20 637
 
20 867
 
21 081
 
21 280
 
21 496
 
21 727
 
21 996
 
22 255
 
22 522
 
Consumption
kt pw
18 881
 
19 327
 
19 547
 
19 738
 
19 921
 
20 098
 
20 306
 
20 511
 
20 748
 
20 982
 
21 245
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
4 202
 
4 296
 
4 410
 
4 517
 
4 595
 
4 674
 
4 758
 
4 841
 
4 927
 
5 009
 
5 091
 
Consumption
kt pw
5 163
 
5 331
 
5 475
 
5 604
 
5 711
 
5 823
 
5 932
 
6 041
 
6 151
 
6 259
 
6 368
 
OECD 1
 
 
 
 
 
 
 
 
 
 
 
 
Production
kt pw
19 310
 
19 764
 
20 004
 
20 214
 
20 419
 
20 606
 
20 815
 
21 039
 
21 300
 
21 548
 
21 805
 
Consumption
kt pw
18 501
 
18 904
 
19 097
 
19 262
 
19 434
 
19 600
 
19 798
 
19 996
 
20 224
 
20 450
 
20 703
 
Stock changes
kt pw
5
 
9
 
25
 
42
 
44
 
33
 
16
 
16
 
25
 
22
 
0
 
Note: Calendar year; except year ending 30 June for Australia and 31 May for New Zealand in aggregates. Average 2018-20est: Data for 2020 are estimated. Prices are in nominal terms.
Disclaimer: http://oe.cd/disclaimer
1.
Excludes Iceland and Costa Rica but includes all EU member countries.
2.
FOB export price, butter, 82% butterfat, Oceania.
3.
FOB export price, cheddar cheese, 39% moisture, Oceania.
Source: OECD/FAO (2021), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database).dx.doi.org/10.1787/agr-outl-data-en

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