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 Spanish, French

From Chapter: Statistical Annex
.

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

‌C.3World sugar projections
C.3World sugar projections
  Marketing year
‌‌
‌‌
Average
2016-18est
‌2019‌
‌2020‌
‌2021‌
‌2022‌
‌2023‌
‌2024‌
‌2025‌
‌2026‌
‌2027‌
2028
WORLD
 
 
 
 
 
 
 
 
 
 
 
 
SUGARBEET
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
291.4
 
290.8
 
293.5
 
295.1
 
297.6
 
300.1
 
303.2
 
307.0
 
310.3
 
313.8
 
317.4
 
Area
Mha
4.7
 
4.7
 
4.7
 
4.7
 
4.8
 
4.8
 
4.8
 
4.8
 
4.8
 
4.9
 
4.9
 
Yield
t/ha
61.91
 
61.59
 
61.88
 
62.35
 
62.56
 
62.80
 
63.24
 
63.81
 
64.23
 
64.69
 
65.15
 
Biofuel use
Mt
13.8
 
14.0
 
14.0
 
14.0
 
14.1
 
14.1
 
14.1
 
14.1
 
14.1
 
14.1
 
14.1
 
SUGARCANE
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
1 758.2
 
1 731.1
 
1 771.0
 
1 800.3
 
1 825.5
 
1 849.1
 
1 870.8
 
1 892.6
 
1 908.8
 
1 926.7
 
1 947.7
 
Area
Mha
25.3
 
24.9
 
25.3
 
25.5
 
25.6
 
25.7
 
25.8
 
25.8
 
25.8
 
25.9
 
25.9
 
Yield
t/ha
69.36
 
69.40
 
69.90
 
70.56
 
71.26
 
71.95
 
72.59
 
73.25
 
73.87
 
74.51
 
75.16
 
Biofuel use
Mt
360.6
 
376.6
 
389.5
 
403.9
 
412.5
 
421.4
 
429.6
 
437.7
 
446.1
 
455.1
 
464.1
 
SUGAR
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt tq
177.6
 
179.7
 
183.0
 
186.5
 
189.6
 
192.2
 
194.9
 
197.7
 
200.2
 
203.2
 
206.8
 
Consumption
Mt tq
170.8
 
176.6
 
179.4
 
181.7
 
184.4
 
187.4
 
190.5
 
193.7
 
196.8
 
199.7
 
202.5
 
Closing stocks
Mt tq
80.8
 
83.5
 
83.4
 
84.5
 
86.0
 
87.2
 
87.9
 
88.1
 
87.9
 
87.7
 
88.3
 
Price, raw sugar 1
USD/t
314.9
 
303.0
 
315.4
 
331.9
 
339.4
 
341.1
 
341.4
 
339.0
 
341.1
 
346.0
 
350.0
 
Price, white sugar 2
USD/t
392.6
 
376.1
 
391.3
 
410.2
 
419.1
 
422.7
 
423.8
 
422.9
 
427.2
 
433.0
 
438.4
 
Price, HFCS 3
USD/t
908.9
 
691.7
 
693.7
 
704.0
 
709.9
 
715.1
 
720.2
 
723.9
 
731.8
 
740.3
 
746.0
 
DEVELOPED COUNTRIES
 
 
 
 
 
 
 
 
 
 
 
 
SUGARBEET
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
236.9
 
233.5
 
234.6
 
234.6
 
235.3
 
236.1
 
237.6
 
239.6
 
241.1
 
242.6
 
244.2
 
SUGARCANE
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
78.7
 
78.5
 
78.7
 
79.0
 
79.5
 
80.1
 
80.5
 
80.7
 
80.8
 
80.9
 
81.1
 
SUGAR
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt tq
44.1
 
44.2
 
44.6
 
45.0
 
45.5
 
46.0
 
46.6
 
47.1
 
47.5
 
47.9
 
48.4
 
Consumption
Mt tq
46.9
 
47.2
 
47.3
 
47.3
 
47.4
 
47.4
 
47.5
 
47.5
 
47.5
 
47.6
 
47.6
 
Closing stocks
Mt tq
13.5
 
12.7
 
12.4
 
12.4
 
12.6
 
12.9
 
13.1
 
13.2
 
13.3
 
13.4
 
13.5
 
HFCS
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt dw
9.1
 
9.0
 
9.0
 
9.0
 
9.1
 
9.1
 
9.1
 
9.1
 
9.1
 
9.1
 
9.1
 
Consumption
Mt dw
7.9
 
7.8
 
7.8
 
7.9
 
7.9
 
7.9
 
7.8
 
7.8
 
7.8
 
7.8
 
7.8
 
DEVELOPING COUNTRIES
 
 
 
 
 
 
 
 
 
 
 
 
SUGARBEET
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
54.4
 
57.3
 
58.9
 
60.5
 
62.2
 
64.0
 
65.7
 
67.4
 
69.2
 
71.1
 
73.1
 
SUGARCANE
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
1 679.5
 
1 652.7
 
1 692.3
 
1 721.3
 
1 746.0
 
1 769.0
 
1 790.3
 
1 811.9
 
1 828.0
 
1 845.8
 
1 866.6
 
SUGAR
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt tq
133.5
 
135.5
 
138.3
 
141.5
 
144.0
 
146.2
 
148.3
 
150.6
 
152.7
 
155.3
 
158.4
 
Consumption
Mt tq
123.8
 
129.4
 
132.1
 
134.4
 
137.0
 
139.9
 
143.0
 
146.2
 
149.2
 
152.1
 
155.0
 
Closing stocks
Mt tq
67.3
 
70.8
 
71.0
 
72.1
 
73.4
 
74.3
 
74.8
 
74.9
 
74.5
 
74.3
 
74.7
 
HFCS
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt dw
4.5
 
4.9
 
5.0
 
5.1
 
5.3
 
5.4
 
5.5
 
5.6
 
5.7
 
5.8
 
5.9
 
Consumption
Mt dw
5.5
 
6.1
 
6.2
 
6.3
 
6.5
 
6.6
 
6.7
 
6.8
 
6.9
 
7.0
 
7.2
 
OECD 4
 
 
 
 
 
 
 
 
 
 
 
 
SUGARBEET
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
184.0
 
183.1
 
183.8
 
183.4
 
183.8
 
184.3
 
185.5
 
187.1
 
188.2
 
189.5
 
190.7
 
SUGARCANE
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
117.5
 
118.6
 
119.1
 
119.5
 
120.6
 
121.5
 
122.3
 
122.8
 
123.3
 
123.8
 
124.3
 
SUGAR
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt tq
41.4
 
41.3
 
41.6
 
41.8
 
42.3
 
42.6
 
43.0
 
43.4
 
43.6
 
43.9
 
44.2
 
Consumption
Mt tq
43.9
 
44.1
 
44.3
 
44.3
 
44.3
 
44.3
 
44.4
 
44.4
 
44.4
 
44.4
 
44.4
 
Closing stocks
Mt tq
12.2
 
11.3
 
11.4
 
11.5
 
11.8
 
12.0
 
12.2
 
12.3
 
12.4
 
12.5
 
12.6
 
HFCS
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt dw
10.3
 
10.2
 
10.3
 
10.3
 
10.3
 
10.4
 
10.4
 
10.4
 
10.5
 
10.5
 
10.5
 
Consumption
Mt dw
10.0
 
10.0
 
10.0
 
10.0
 
10.1
 
10.1
 
10.1
 
10.2
 
10.2
 
10.2
 
10.2
 
Note: Marketing year: See Glossary of Terms for definitions. Average 2016-18est: Data for 2018 are estimated.HFCS: High fructose corn syrup. Prices are in nominal terms.
Disclaimer: http://oe.cd/disclaimer
1.
Raw sugar world price, ICE contract No11 nearby (October/September).
2.
Refined sugar price, White Sugar Futures Contract No. 407, Euronext market, Liffe, London, Europe (October/September).
3.
United States wholesale list price HFCS-55, dry weight (October/September).
4.
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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