Bran, sharps and residues from cereal or legume processing market in Mongolia

Earlier Report Observations

The market volume for bran, sharps and residues from cereal or legume processing in Mongolia experienced significant fluctuations between 2018 and 2023. After reaching 79 735 t in 2018, it dropped sharply to 59 069 t in 2019. A partial recovery followed in 2020 to 63 276 t, before a surge to 90 157 t in 2021. Volume then declined to 74 549 t in 2022 and rose again to a peak of 101 308 t in 2023.

In 2019, the Mongolian government approved the 'Healthy Food-Healthy Mongolian' national program, which aimed to provide citizens with healthy and safe foods. This policy focus on food systems and natural resource management may have influenced the agricultural by-products sector, including the market for cereal residues.

The market's volatility was driven by varying levels of domestic production, which ranged from 60 253 t to 71 298 t, combined with large swings in import and export volumes. Imports fell notably in 2019 and 2022 but rebounded strongly in 2023, while exports nearly halted in 2022 before recovering in the following year.

Production bran, sharps and residues from cereal or legume processing in Mongolia

In kind, 2017-2020, t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

In Mongolia, production of bran, sharps and residues from cereal or legume processing reached 64 874 tonnes in 2020, marking a slight increase of 0.9% compared to the previous year. Over the period from 2017 to 2020, production grew by 4.4%, with an average annual growth rate of 1.5%. The highest production level was recorded in 2018 at 71 298 tonnes, which represented a significant increase of 14.8% that year. However, in 2019, production experienced its largest decline, dropping by 9.8%.

Annual dynamics of production in Mongolia in kind, 2017-2020, t

In value, 2017-2020, K $ US

In 2020, the output value of bran, sharps and residues from cereal or legume processing in Mongolia was 10 405 thousand US dollars, showing a notable rise of 14.0% from the year before. From 2017 to 2020, production value increased by 27.3%, with a compound annual growth rate of 8.4%. The peak value occurred in 2018 at 11 149 thousand US dollars, which saw the largest increase of 36.4% that year. Conversely, 2019 recorded the most substantial decline, with a decrease of 18.1%.

Annual dynamics of production in Mongolia in value, 2017-2020, K $ US

Exports bran, sharps and residues from cereal or legume processing from Mongolia

Exports in kind, t

Mongolia's exports of bran, sharps and residues from cereal or legume processing declined for the second year in a row. In 2020, export volume stood at 17 865 tonnes, reflecting a sharp year-on-year reduction of 27.7%. Between 2017 and 2020, exports decreased by 23.8%, equivalent to an annualized rate of 8.6%. The highest export volume was recorded in 2018 at 29 785 tonnes, which also saw the largest increase of 27.1% that year.

Annual dynamics of product's exports from Mongolia in kind, 2017-2020, t

From 2017 to 2020, China was the sole destination for Mongolia's exports of bran, sharps and residues from cereal or legume processing in kind, accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Mongolia in kind, 2017-2020

Exports in value, K $ US

Mongolia's export value of bran, sharps and residues from cereal or legume processing fell for the second consecutive year. In 2020, exports amounted to 2 865 thousand US dollars, indicating a robust decline of 18.4% compared to the previous year. Over the period from 2017 to 2020, export value decreased by 7%, with an annualized rate of 2.4%. The maximum value was reached in 2018 at 4 657 thousand US dollars, which experienced the largest increase of 51.1% that year. In contrast, 2019 saw the most significant decline, with a drop of 24.6%.

Annual dynamics of product's exports from Mongolia in value, 2017-2020, K $ US

During 2017–2020, China was the primary market for Mongolia's exports of bran, sharps and residues from cereal or legume processing in value terms, absorbing 100.0% of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Mongolia in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Mongolia

Imports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Import volumes peaked in 2018 and fell to their lowest point in 2020, with a top-to-bottom ratio of 2.3 times. In 2020, Mongolia imported 16 268 tonnes of foreign bran, sharps and residues from cereal or legume processing, representing a solid year-on-year decline of 16.6%. The highest volume was recorded in 2018 at 38 222 tonnes, which saw the largest increase of 86.8% that year. The most substantial decrease occurred in 2019, with a drop of 48.9%.

Annual dynamics of product's imports to Mongolia in kind, 2017-2020, t

From 2017 to 2020, imports in kind of bran, sharps and residues from cereal or legume processing to Mongolia were almost entirely concentrated in Russia, which held a share of 100.0%.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Mongolia in kind, 2017-2020

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period. There was a 2.2-fold variation between the maximum in 2018 and the minimum in 2020. In 2020, Mongolia's imports of bran, sharps and residues from cereal or legume processing amounted to 2 186 thousand US dollars, down by 8.7% from the previous year. The peak value was recorded in 2018 at 4 760 thousand US dollars, which experienced the largest increase of 93.4% that year. The most significant decline occurred in 2019, with a decrease of 49.7%.

Annual dynamics of product's imports to Mongolia in value, 2017-2020, K $ US

Throughout 2017–2020, Russia was the key partner for Mongolia's imports in value terms, accounting for 99.9% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Mongolia in value, 2017-2020