Market research

Concentrated or sweetened 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 or sweetened milk and cream in Mongolia fluctuated between 9 000 and 10 500 tons from 2018 to 2023, reaching a peak of 10 501 tons in 2021 after a 15% increase from the previous year.

Imports consistently supplied between 60% and 70% of the total market, while domestic production declined from 3 952 tons in 2021 to 3 029 tons in 2023.

After a contraction in 2022, the market rebounded to 10 491 tons in 2023,接近 the peak level of 2021, demonstrating stable consumption despite variability in supply sources.

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 or sweetened milk and cream in Mongolia

In kind, 2017-2020, t

Top producers of concentrated or sweetened milk and cream, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Mongolia's production of concentrated or sweetened milk and cream has grown for the third year in a row. In 2020, the country produced 3,430 tonnes, showing a modest increase of 0.7% compared to 2019. Looking at the 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 or sweetened milk and cream from Mongolia

Exports in kind, t

Mongolia's exports of concentrated or sweetened milk and cream have fallen for the second consecutive year. In 2019, export volume stood at just 1 tonne, representing a sharp decline of 99.3% from 2018. Over the three-year span from 2017 to 2019, exports plummeted by 99.7%, with a compound annual growth rate of -85.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(50.5%)	(99.3%)	n/a	-

Source: SHEV.io

From 2017 to 2020, China was overwhelmingly the primary destination for Mongolia's exports of concentrated or sweetened milk and cream in volume terms, accounting for 96.3% of the total.

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

Mongolia's export value of concentrated or sweetened milk and cream has dropped for the second year in a row. In 2019, exports amounted to 6,000 US dollars, marking a significant decrease of 98.2% from the previous year. Between 2017 and 2019, export value fell by 99.3%, equating to an average annual decline of 80.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(58.4%)	(98.2%)	n/a	-

Source: SHEV.io

During 2017–2020, China was the dominant market for Mongolia's exports of concentrated or sweetened milk and cream in value terms, absorbing 96.0% of the total.

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 or sweetened milk and cream to Mongolia

Imports in kind, t

Following two years of growth, Mongolia's imports of concentrated or sweetened milk and cream declined. In 2020, imports totaled approximately 5,723 tonnes, reflecting a drop of 12.6% compared to 2019. Over the period from 2017 to 2020, imports increased by 6.3%, with a compound annual growth rate of 2.0%. The peak volume was recorded in 2019 at 6,551 tonnes, which also saw the largest annual increase of 11.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.9%	11.7%	(12.6%)	2.0%

Source: SHEV.io

From 2017 to 2020, three key markets—New Zealand, Belarus, and Poland—collectively made up 76.8% of Mongolia's total imports of concentrated or sweetened milk and cream in volume terms.

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

After rising for two years, Mongolia's import value of concentrated or sweetened milk and cream decreased. In 2020, imports amounted to 16,437,000 US dollars, which is 4.8% lower than in 2019. Between 2017 and 2020, import value grew by 22.1%, corresponding to an average annual rate of 6.9%. The highest value was reached in 2019 at 17,268,000 US dollars, with the largest annual increase of 18.2% also occurring that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.5%	18.2%	(4.8%)	6.9%

Source: SHEV.io

In 2017–2020, New Zealand (45.8% of import value), Belarus (29.9%), and Poland (13.3%) were the main sources in the geographical breakdown of Mongolia's imports of concentrated or sweetened milk and cream in value terms, together accounting for 89.0% of total 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