Earlier Report Observations
From 2018 to 2020, the market volume for concentrated sweetened milk and cream in Mongolia declined from 3 265 t to 2 640 t, with a noticeable drop in imports contributing to the contraction.
The market recovered to 2 981 t in 2021 before falling again to 2 353 t in 2022. In 2023, it grew to 2 572 t, supported by a surge in imports to 1 058 t as domestic demand for dairy products rose and Russian agricultural exports to Mongolia increased.
In 2024, new regulations were implemented, including mandatory labeling for dairy products from September and a permissive regime at cash registers from May, aimed at improving market transparency. Additionally, a camel milk powder plant was launched in Bayankhongor Province, expanding local production capabilities. Imports decreased to 807 t while exports began at 291 t.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Mongolia
- 5.1.1. Annual dynamics of production in Mongolia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Mongolia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Mongolia
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production concentrated sweetened milk and cream in Mongolia
In kind, 2017-2020, t
Top producers of concentrated sweetened milk and cream, 2017-2020
World map of production of concentrated sweetened milk and cream, 2017-2020
Mongolia's production of concentrated sweetened milk and cream has grown for the third year in a row. In 2020, the country produced 1 715 tonnes, marking a 0.7% increase from the previous year. Looking at the period from 2017 to 2020, overall 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% |
Exports concentrated sweetened 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 | - |
From 2017 to 2020, China was the sole destination for Mongolia's exports of concentrated sweetened milk and cream in volume terms, accounting for 100.0% of the total.
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
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 | - |
During 2017–2020, China completely dominated Mongolia's exports of concentrated sweetened milk and cream in value terms, capturing 100.0% of the total.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Mongolia in value, 2017-2020
Imports concentrated sweetened milk and cream to Mongolia
Imports in kind, t
Mongolia's imports of concentrated sweetened milk and cream have fallen for the second consecutive year. In 2020, import volume stood at 925 tonnes, down 15.6% from the year before. Over the 2017–2020 period, imports dropped by 39.5%, with an average annual decline of 15.4%. The highest import volume was in 2018 at 1 565 tonnes. The sharpest decrease occurred in 2019, with a 30.0% drop, while the largest increase was in 2018, at 2.4%.
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% | (30.0%) | (15.6%) | (15.4%) |
Between 2017 and 2020, Russia, Malaysia, and Ukraine were the key suppliers for Mongolia's imports of concentrated sweetened milk and cream in volume terms. Russia led with 48.9% of imports, followed by Malaysia at 27.3% and Ukraine at 21.6%. Together, these three countries accounted for 97.8% of total imports.
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
Mongolia's imports of concentrated sweetened milk and cream in value terms have declined for the third year running. In 2020, imports totaled 1 090 thousand US dollars, a 2.3% decrease from the previous year. From 2017 to 2020, imports fell by 35.8%, which corresponds to an average annual reduction of 13.7%.
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%) | (32.8%) | (2.3%) | (13.7%) |
From 2017 to 2020, Russia, Ukraine, and Malaysia were the primary sources for Mongolia's imports of concentrated sweetened milk and cream in value terms, collectively making up 96.9% of the total.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Mongolia in value, 2017-2020
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