Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
54% of global soybean production is expected to come from Latin America and the Caribbean by 2032, increasing its current share of just over half (OECD and FAO, 2023).
16% of total household expenditure in Latin America and the Caribbean is spent on food (OECD and FAO, 2023).
5% of world dairy exports are expected to be accounted for by Argentina by 2032, making it a major exporter (OECD and FAO, 2023).
14.2 million tonnes is the projected increase in global trade in dairy products over the next 10 years, reaching that figure in 2032 (OECD and FAO, 2023).
7% of the world's milk production is marketed internationally, mainly due to its perishable nature and high water content, over 85% (OECD and FAO, 2023).
30% of the world's milk will be processed in the next decade to produce butter, cheese, skimmed milk powder, whole milk powder or whey powder (OECD and FAO, 2023).
1.5% per year is the projected growth for world milk production by 2032 (OECD and FAO, 2023).
1.0% per year is the projected growth for global per capita consumption of fresh dairy products over the next 10 years, exceeding the rate of the past 10 years (OECD and FAO, 2023).
0.7% was the growth in world milk production in 2022, reaching nearly 897 million tons (OECD and FAO, 2023).
20% was the increase in the value of the FAO Dairy Price Index in 2022, reaching an unprecedented peak for all these products (OECD and FAO, 2023).
