Market research

Concentrated sweetened milk and cream market in Mongolia

Concentrated sweetened milk and cream market in Mongolia

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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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. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 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. 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. 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. 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. 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 sweetened milk and cream in Mongolia

In kind, 2017-2020, t

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

Source: SHEV.io

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

Source: SHEV.io

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

Parameter201820192020CAGR
1Change from last year6.3%0.2%0.7%2.3%
Source: SHEV.io

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

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

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

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

Parameter201820192020CAGR
1Change from last year2.4%(30.0%)(15.6%)(15.4%)
Source: SHEV.io

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

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 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

Parameter201820192020CAGR
1Change from last year(2.2%)(32.8%)(2.3%)(13.7%)
Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

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