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.
From Chapter:
Statistical Annex
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Table A.6 - World dairy projections: Powders and casein
OECD-FAO Agricultural Outlook 2019-2028 - © OECD 2019
| C.6 | World dairy projections: Powders and casein | ||||||||||||
| C.6 | World dairy projections: Powders and casein | ||||||||||||
| Calendar year | |||||||||||||
| | | | Average 2016-18est | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| | SKIM MILK POWDER | ||||||||||||
| | World | ||||||||||||
| | Production | kt pw | 4 411 | 4 394 | 4 571 | 4 654 | 4 719 | 4 777 | 4 824 | 4 873 | 4 924 | 4 973 | 5 024 |
| | Consumption | kt pw | 4 361 | 4 538 | 4 589 | 4 672 | 4 733 | 4 781 | 4 828 | 4 876 | 4 927 | 4 976 | 5 026 |
| | Stock changes | kt pw | 11 | -144 | -18 | -18 | -13 | -4 | -4 | -3 | -3 | -3 | -3 |
| | Price 1 | USD/t | 2 011 | 2 066 | 2 134 | 2 185 | 2 257 | 2 323 | 2 390 | 2 455 | 2 525 | 2 593 | 2 663 |
| | Developed countries | ||||||||||||
| | Production | kt pw | 3 844 | 3 836 | 3 988 | 4 055 | 4 104 | 4 150 | 4 187 | 4 225 | 4 263 | 4 300 | 4 339 |
| | Consumption | kt pw | 1 927 | 1 980 | 1 970 | 1 983 | 1 984 | 1 973 | 1 962 | 1 949 | 1 937 | 1 923 | 1 911 |
| | Developing countries | ||||||||||||
| | Production | kt pw | 567 | 558 | 583 | 600 | 616 | 628 | 637 | 648 | 661 | 673 | 684 |
| | Consumption | kt pw | 2 434 | 2 558 | 2 619 | 2 689 | 2 748 | 2 808 | 2 866 | 2 927 | 2 990 | 3 053 | 3 115 |
| | OECD 2 | ||||||||||||
| | Production | kt pw | 3 601 | 3 604 | 3 755 | 3 825 | 3 870 | 3 914 | 3 948 | 3 984 | 4 020 | 4 055 | 4 093 |
| | Consumption | kt pw | 1 976 | 1 988 | 1 989 | 2 014 | 2 023 | 2 019 | 2 016 | 2 011 | 2 008 | 2 003 | 2 000 |
| | Stock changes | kt pw | 11 | -144 | -18 | -18 | -13 | -4 | -4 | -3 | -3 | -3 | -3 |
| | WHOLE MILK POWDER | ||||||||||||
| | World | ||||||||||||
| | Production | kt pw | 5 317 | 5 478 | 5 558 | 5 640 | 5 709 | 5 776 | 5 843 | 5 910 | 5 975 | 6 041 | 6 107 |
| | Consumption | kt pw | 5 315 | 5 470 | 5 550 | 5 633 | 5 702 | 5 768 | 5 831 | 5 897 | 5 963 | 6 029 | 6 095 |
| | Stock changes | kt pw | 17 | 8 | 8 | 8 | 8 | 8 | 13 | 13 | 13 | 13 | 13 |
| | Price 3 | USD/t | 2 841 | 2 926 | 2 987 | 3 065 | 3 126 | 3 198 | 3 267 | 3 344 | 3 420 | 3 501 | 3 580 |
| | Developed countries | ||||||||||||
| | Production | kt pw | 2 383 | 2 499 | 2 530 | 2 553 | 2 583 | 2 603 | 2 624 | 2 645 | 2 668 | 2 692 | 2 718 |
| | Consumption | kt pw | 610 | 612 | 617 | 621 | 625 | 628 | 627 | 630 | 633 | 636 | 639 |
| | Developing countries | ||||||||||||
| | Production | kt pw | 2 934 | 2 978 | 3 027 | 3 088 | 3 126 | 3 173 | 3 220 | 3 264 | 3 307 | 3 349 | 3 389 |
| | Consumption | kt pw | 4 705 | 4 858 | 4 934 | 5 012 | 5 077 | 5 140 | 5 204 | 5 267 | 5 329 | 5 392 | 5 455 |
| | OECD 2 | ||||||||||||
| | Production | kt pw | 2 562 | 2 674 | 2 708 | 2 733 | 2 764 | 2 783 | 2 803 | 2 825 | 2 846 | 2 870 | 2 895 |
| | Consumption | kt pw | 818 | 828 | 836 | 845 | 854 | 861 | 863 | 870 | 877 | 883 | 890 |
| | Stock changes | kt pw | 23 | -5 | -5 | -5 | -5 | -5 | 0 | 0 | 0 | 0 | 0 |
| | WHEY POWDER | ||||||||||||
| | Price 4 | USD/t | 903 | 955 | 1 007 | 1 029 | 1 052 | 1 089 | 1 121 | 1 153 | 1 188 | 1 221 | 1 252 |
| | CASEIN | ||||||||||||
| | Price 5 | USD/t | 5 958 | 5 936 | 6 075 | 6 230 | 6 389 | 6 563 | 6 729 | 6 913 | 7 095 | 7 284 | 7 472 |
| Note: Calendar year; except year ending 30 June for Australia and 31 May for New Zealand in aggregates. Average 2016-18est: Data for 2018 are estimated. Prices are in nominal terms. | |||||||||||||
| Disclaimer: http://oe.cd/disclaimer | |||||||||||||
FOB export price, non-fat dry milk, 1.25% butterfat, Oceania. | |||||||||||||
Excludes Iceland but includes all EU member countries | |||||||||||||
FOB export price, WMP 26% butterfat, Oceania. | |||||||||||||
FOB export price, sweet whey non-hygroscopic, Western Europe. | |||||||||||||
Export price, New Zealand. | |||||||||||||
| Source: OECD/FAO (2019), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en | |||||||||||||