helping southern u.s. companies export food and agricultural products around the world. southern...
TRANSCRIPT
Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
Southern United States Trade Association
Kristin Core Outreach Coordinator
Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
Top Five Consumer Oriented Exports, 2013
Poultry Meat & Prods. (ex. eggs) $153 million
Prepared Foods $116 million
Dog & Cat Food $62 million
Pork & Pork Products $45 million
Condiments & Sauces $39 million
Total of Top Five Products $415 million
All Others $60 million
Total Consumer Oriented Products $475 million
Global market trends and forecasts
• Total U.S. ag exports up 50% since 2009
• Long term: World population is projected to increase 32% to 9.1 billion by 2050
• Global demand for food and agriculture is the expected to increase 70% – 100%
7
0
200
400
600
800
1000
1990 1994 1998 2002 2006 2010 2014 2018
Foreign households w/real PPP incomes greater than $20,000 a year
“Middle Class” Outside the U.S. Expected to Double By 2020 – To 1 Billion Households
Worldwide food consumption will be impacted
Developing countries
Developed countries (ex US)
Middle class in developing countries projected to increase 104% by 2020 vs. just 9% in developed countries in 2009
Source: Global Insight’s Global Consumer Markets data as analyzed by OGA
… so why think internationally?
• U.S. agriculture industry entering a “golden age” with all indicators showing strong demand and profits over the coming decade
• As global demand for agriculture products soars, the U.S. is well equipped to meet the demand and aided by the U.S. dollar
• Because 95% of the World’s consumers are outside of the U.S., yet only one in 100 companies export
Helping southern U.S. companies export food and agricultural products around the world.
www.susta.org
Contact UsSouthern U.S. Trade Association
701 Poydras StreetSuite 3845
New Orleans, LA 70139Tel: (504) 568-5986Fax: (504) 568-6010
Like us on