Bread, pastry, cakes, biscuits and bakers’ wares market in Mongolia

Earlier Report Observations

The market for bread, pastry, cakes, and biscuits in Mongolia expanded steadily between 2018 and 2023, with total volume rising from 66 647 t to 98 011 t. Domestic production increased from 49 360 t to 74 525 t over the period, driving much of the market growth, which peaked at over 101 000 t in 2021 before a slight contraction and stabilization.

In 2024, the sector saw several relevant developments: the government launched its 2024-2028 action program containing infrastructure projects aimed at improving food production and distribution, a new centralized meat market opened, reorganizing food sales channels, and food safety policies were strengthened with updated production, packaging, and labeling requirements.

Production bread, pastry, cakes, biscuits and bakers’ wares in Mongolia

In kind, 2017-2020, t

Top producers of bread, pastry, cakes, biscuits and bakers’ wares, 2017-2020

World map of production of bread, pastry, cakes, biscuits and bakers’ wares, 2017-2020

Mongolia's production of bread, pastry, cakes, biscuits, and bakers' wares has grown for the third year in a row. In 2020, the country produced 62 380 tonnes, representing a significant 16.4% increase compared to 2019. Over the period from 2017 to 2020, production rose by 43.2%, with an average annual growth rate of 12.7%.

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

Exports bread, pastry, cakes, biscuits and bakers’ wares from Mongolia

Exports in kind, t

The market showed an unstable trend during this period. Export volumes reached their lowest point in 2020 and peaked in 2019, with a 7.6-fold difference between these years. In 2020, Mongolia's exports of bread, pastry, cakes, biscuits, and bakers' wares totaled 15 tonnes, marking an 86.9% decrease from 2019. The highest volume was recorded in 2019 at 118 tonnes, with the largest increase that year of 41.3%.

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

From 2017 to 2020, China remained the primary market for exports in kind, accounting for 87.3% of total flows, while the remaining volume was distributed among various other destinations.

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

The market exhibited volatile behavior over these years. The period from 2019 to 2020 saw a peak-to-trough amplitude of 20 times. In 2020, exports of bread, pastry, cakes, biscuits, and bakers' wares from Mongolia amounted to 22 thousand US dollars, reflecting a sharp 94.9% decline compared to the previous year. The maximum value was recorded in 2019 at 434 thousand US dollars, with the largest increase that year of 194.7%.

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

From 2017 to 2020, the geographical pattern of exports in value terms showed a strong reliance on China, which absorbed 92.7% of total flows.

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

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

Imports bread, pastry, cakes, biscuits and bakers’ wares to Mongolia

Imports in kind, t

After two years of growth, imports of bread, pastry, cakes, biscuits, and bakers' wares into Mongolia declined. In 2020, imports stood at 18 399 tonnes, indicating a 2.1% reduction from 2019. Over the period from 2017 to 2020, imports increased by 26.8%, with an average annual growth rate of 8.2%. The highest volume was recorded in 2019 at 18 793 tonnes, and the largest increase occurred in 2018 at 19.7%.

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

From 2017 to 2020, Russia (52.7% of imports in kind), Ukraine (11.8%), and China (6.1%) were the main sources in the geographical breakdown of imports of bread, pastry, cakes, biscuits, and bakers' wares to Mongolia, together accounting for 70.5% of total flows.

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

Following two years of growth, cross-border shipments of bread, pastry, cakes, biscuits, and bakers' wares into Mongolia decreased. In 2020, import volume registered 38 397 thousand US dollars, representing a 2.6% drop from 2019. Over the period from 2017 to 2020, imports rose by 30.2%, with an average annual growth rate of 9.2%. The maximum value was recorded in 2019 at 39 439 thousand US dollars, and the largest increase was in 2018 at 17.1%.

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

From 2017 to 2020, Russia (50.0% of imports in value terms), Ukraine (7.3%), and China (7.0%) formed the main group of sources for imports of bread, pastry, cakes, biscuits, and bakers' wares to Mongolia in value terms, with a combined share of 64.4% 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