Market research

Concentrated milk and cream market in Mongolia

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for concentrated milk and cream in Mongolia showed considerable variation from 2018 to 2023. Starting at 3 267 tons in 2018, consumption fell to 2 798 tons in 2019 and 2 640 tons in 2020. A recovery occurred in 2021, bringing the market to 2 982 tons, but a steep decline followed in 2022 to 2 353 tons before a modest increase to 2 573 tons in 2023.

Domestic production remained steady near 1 700 tons from 2018 through 2020, then rose to 1 976 tons in 2021. Production later decreased, reaching 1 514 tons in 2023. Imports, which had contributed significantly, dropped from 1 567 tons in 2018 to 740 tons in 2022, then partially recovered to 1 058 tons in 2023. These movements in imports were the main contributor to the overall market fluctuations.

In 2024, imports further decreased to 807 tons, while exports appeared for the first time, amounting to 291 tons. This indicates a shift in trade dynamics for concentrated milk and cream in Mongolia.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Mongolia
  1. 5.1.1. Annual dynamics of production in Mongolia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Mongolia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production concentrated milk and cream in Mongolia

In kind, 2017-2020, t

Top producers of concentrated milk and cream, 2017-2020

Source: SHEV.io

World map of production of concentrated milk and cream, 2017-2020

Source: SHEV.io

Mongolia's production of concentrated milk and cream has grown for three consecutive years. In 2019, the country produced 1 703 tonnes, followed by a slight increase to 1 715 tonnes in 2020, representing a 0.7% year-over-year gain. Looking at the broader period from 2017 to 2020, production rose by 7.2%, which translates to an average annual growth rate of 2.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.3%	0.2%	0.7%	2.3%

Source: SHEV.io

Exports concentrated milk and cream from Mongolia

Exports in kind, t

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, China dominated the export geography for Mongolia's concentrated milk and cream in kind, accounting for 100.0% of total shipments throughout this period.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

During 2017–2020, the export market in value terms was highly concentrated, with China alone making up 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports concentrated milk and cream to Mongolia

Imports in kind, t

Mongolia's imports of concentrated milk and cream in kind have fallen for two years in a row. In 2019, imports dropped by 30.1% to 1 096 tonnes, and in 2020, they decreased further by 15.6% to 925 tonnes. The peak was in 2018 at 1 567 tonnes, with a modest increase of 2.4% that year. Overall, from 2017 to 2020, imports declined by 39.6%, averaging an annual decrease of 15.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.4%	(30.1%)	(15.6%)	(15.5%)

Source: SHEV.io

Between 2017 and 2020, Russia, Malaysia, and Ukraine were the main sources for Mongolia's imports in kind. Russia led with 48.9% of imports, followed by Malaysia at 27.2% and Ukraine at 21.6%. Together, these three countries accounted for 97.7% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Mongolia's imports of concentrated milk and cream in value terms have declined for three consecutive years. In 2020, imports amounted to 1 090 thousand US dollars, down 2.3% from the previous year. Over the 2017–2020 period, imports fell by 35.9%, with an average annual decline of 13.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.2%)	(32.9%)	(2.3%)	(13.8%)

Source: SHEV.io

From 2017 to 2020, Russia, Ukraine, and Malaysia were the top destinations in Mongolia's import structure by value. Russia held a 50.8% share, Ukraine accounted for 26.9%, and Malaysia made up 19.1%. Combined, these three countries represented 96.8% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io