Market research

Goat meat market in Mongolia

Goat meat 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

The market for fresh, chilled or frozen goat meat in Mongolia showed high volatility between 2018 and 2023. Volume grew from 82.2 thousand tonnes in 2018 to 88.5 thousand tonnes in 2019, then surged sharply to a peak of 127.9 thousand tonnes in 2020.

After the 2020 peak, the market contracted significantly to 96.5 thousand tonnes in 2021. A rebound followed in 2022, lifting volume to 118.3 thousand tonnes, before another decline brought the market size to 98.2 thousand tonnes in 2023.

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, K 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, K 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, K 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. Exports
    1. 6.1. Exports (Direct Data*)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/kg
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/kg
  7. 7. Imports
    1. 7.1. Imports (Direct Data*)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/kg
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/kg
  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 goat meat in Mongolia

In kind, 2017-2020, K t

From 2017 to 2020, Mongolia ranked as the world's 9th largest producer of goat meat.

Top producers of goat meat, 2017-2020

Source: SHEV.io

World map of production of goat meat, 2017-2020

Source: SHEV.io

Mongolia's goat meat production grew for the third year in a row. In 2020, the country produced 129.2 thousand tonnes of goat meat, representing a sharp 44.1% increase compared to the previous year. Between 2017 and 2020, production rose by 59.8%, which translates to an annualized growth rate of 16.9%.

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

Parameter201820192020CAGR
1Change from last year3.5%7.2%44.1%16.9%
Source: SHEV.io

Exports goat meat from Mongolia

Exports in kind, t

In 2020, Mongolia exported 1 261 tonnes of goat meat, up 9.5% year-over-year. Over the 2018-2020 period, exports fell by 13.4%, with a compound annual growth rate of -4.7%. The lowest export volume was recorded in 2019 at 1 152 tonnes, which also saw the largest decline of 20.9%.

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

Parameter201820192020CAGR
1Change from last yearn/a(20.9%)9.5%-
Source: SHEV.io

From 2017 to 2020, Vietnam, North Korea, and Hong Kong were the main buyers of Mongolian goat meat, accounting for 58.9%, 21.1%, and 17.0% of exports in kind, respectively. Together, these three markets made up 96.9% of total exports in kind.

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

In 2020, Mongolia's goat meat exports were valued at 2 639 thousand US dollars, a 1.8% increase from the previous year. The lowest value was recorded in 2019 at 2 593 thousand US dollars, which also experienced the largest decline of 1.9%.

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

Parameter201820192020CAGR
1Change from last yearn/a(1.9%)1.8%-
Source: SHEV.io

Between 2017 and 2020, Vietnam, North Korea, and Hong Kong were the key partners in terms of export value, with shares of 53.6%, 22.8%, and 18.5%, respectively. Collectively, they accounted for 94.9% of total export flows in value terms.

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 goat meat to Mongolia

Imports in kind, t

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

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

From 2017 to 2020, imports in kind were entirely focused on Vietnam, which accounted 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, K $ US

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

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

During 2017-2020, Vietnam dominated imports in value terms of goat meat to Mongolia, holding a 100.0% share 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

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