Market research

Coniferous wood fuel market in Mongolia

Release date: Mar 30, 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 for coniferous wood fuel in Mongolia was stable at 500 thousand cubic meters in both 2018 and 2019. This pattern changed decisively in 2020, when production and market volume increased sharply by over 130 thousand cubic meters to reach 632 thousand cubic meters.

After the significant expansion in 2020, the market's growth pace slowed markedly. From 2021 to 2023, volume increased only incrementally, adding roughly 3 thousand cubic meters to settle at 636 thousand cubic meters by the end of the period.

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, K m³
  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, K m³
  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, K m³
  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, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, $ 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/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, $ 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/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, $ 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/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, $ 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/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, $ 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 coniferous wood fuel in Mongolia

In kind, 2017-2020, K m³

Top producers of coniferous wood fuel, 2017-2020

Source: SHEV.io

World map of production of coniferous wood fuel, 2017-2020

Source: SHEV.io

In 2020, Mongolia produced 631.9 thousand cubic meters of coniferous wood fuel, marking a 26.4% increase compared to 2019. Between 2017 and 2020, production grew by 26.4%, which translates to an annualized growth rate of 8.1%. The largest decline occurred in 2018, with no change recorded.

Annual dynamics of production in Mongolia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	26.4%	8.1%

Source: SHEV.io

Exports coniferous wood fuel from Mongolia

Exports in kind, m³

Annual dynamics of product's exports from Mongolia in kind, 2017-2020, m³

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

Source: SHEV.io

From 2017 to 2020, Japan dominated the geographical structure of Mongolia's coniferous wood fuel exports in kind, accounting for 100.0% of total flows.

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, $ US

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

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

Source: SHEV.io

Between 2017 and 2020, Mongolia's export market for coniferous wood fuel in value terms was heavily reliant on Japan, which represented 100.0% of total exports.

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 coniferous wood fuel to Mongolia

Imports in kind, m³

The market experienced noticeable fluctuations during this period. Imports reached their lowest point in 2019 and peaked in 2017, with a 3.1-fold difference between these years. In 2020, Mongolia's coniferous wood fuel import volume was 44.8 cubic meters, representing a 16.5% increase from the previous year.

Annual dynamics of product's imports to Mongolia in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	16.5%	(27.4%)

Source: SHEV.io

From 2017 to 2020, Russia and China formed a duopoly in Mongolia's coniferous wood fuel imports in kind, together accounting for 100.0% of total 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, $ US

The market showed signs of volatility over the observed period. Imports were at their lowest in 2019 and highest in 2017, with a 14.8-fold gap between these years. In 2020, Mongolia imported approximately 1 693 US dollars worth of coniferous wood fuel, reflecting a sharp 52.2% year-over-year increase.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	52.2%	(53.1%)

Source: SHEV.io

Between 2017 and 2020, Russia accounted for 89.7% of Mongolia's total coniferous wood fuel imports in value terms, while the remaining flows were distributed among a broad group of smaller countries.

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