Salted, in brine, dried or smoked beef market in Mongolia

Earlier Report Observations

Mongolia's production of salted, in brine, dried or smoked beef experienced significant volatility between 2018 and 2020. Output began at 8.7 thousand tonnes in 2018, supported by a substantial increase in the national livestock herd which expanded the raw material base for meat processing. However, production fell sharply to 5.3 thousand tonnes in 2019 before rebounding to 8.2 thousand tonnes in 2020.

After a slight contraction in 2021, production entered a period of gradual recovery, reaching 8.1 thousand tonnes by 2023. This growth coincided with the commissioning of a new meat processing plant and storage facility in Amgalan, which added 700 tonnes of capacity and directly enhanced local processing capabilities. The sustained operations of major exporters like Mongema LLC also provided market stability.

Industry discussions in 2024 centered on rising domestic beef prices and continued export performance, reflecting ongoing efforts to integrate Mongolia's meat sector into regional value chains and address broader economic pressures.

Production salted, in brine, dried or smoked beef in Mongolia

In kind, 2017-2020, t

Mongolia was among the world's leading producers of salted, in brine, dried or smoked beef from 2017 to 2020, ranking 7th globally by production volume.

Top producers of salted, in brine, dried or smoked beef, 2017-2020

World map of production of salted, in brine, dried or smoked beef, 2017-2020

The market showed noticeable fluctuations during this period. Production volumes reached their lowest point in 2017, then peaked in 2018 with a fivefold increase from the previous year. In 2020, Mongolia produced 8 270 tons of salted, in brine, dried or smoked beef, representing a 56.2% increase compared to 2019. The highest production volume was recorded in 2018 at 8 739 tons. The largest decline occurred in 2019 with a 39.4% drop, while the most significant increase happened in 2018 with a remarkable 398.0% growth.

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

In value, 2017-2020, K $ US

The data reveals irregular changes, indicating a volatile market environment. The lowest output value was recorded in 2017, while the highest occurred in 2018, showing a 4.2-fold difference between these years. In 2020, the production of salted, in brine, dried or smoked beef in Mongolia was valued at 41 447 thousand US dollars, representing a sharp 52.2% increase compared to 2019. The maximum value was recorded in 2018 at 61 861 thousand US dollars. The largest decline occurred in 2019 with a 56.0% decrease, while the most substantial increase was recorded in 2018 with 323.4% growth.

Annual dynamics of production in Mongolia in value, 2017-2020, K $ US

Exports salted, in brine, dried or smoked beef from Mongolia

Exports in kind, kg

The market exhibited an unstable trend throughout the timeframe. Exports reached their lowest point in 2018, then peaked in 2020 with a 4.6-fold increase. In 2020, Mongolia's cross-border shipments of salted, in brine, dried or smoked beef stood at 78 702 kilograms, representing a dramatic 164.1% rise compared to 2019. The minimum value was recorded in 2018 at 17 126 kilograms. The largest decline occurred in 2018 with a 27.8% decrease.

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

From 2017 to 2020, two countries—China and Russia—accounted for the majority of Mongolia's exports in kind, together representing 100.0% of total trade flows.

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

The data reveals irregular changes, indicating a volatile market environment. Export values reached their lowest point in 2018, then peaked in 2020 with a 3.3-fold variation. In 2020, Mongolia's exports of salted, in brine, dried or smoked beef totaled 394.4 thousand US dollars, which is 157.3% higher than in 2019. The minimum value was recorded in 2018 at 121.2 thousand US dollars. The largest decline occurred in 2018 with a 38.6% decrease.

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

From 2017 to 2020, China and Russia formed a highly concentrated pair of markets for Mongolia's exports in value terms of salted, in brine, dried or smoked beef, together accounting for 100.0% of total trade flows.

Structure of product's exports in value by countries, 2017-2020

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

Imports salted, in brine, dried or smoked beef to Mongolia

Imports in kind, kg

Volatility characterized the market behavior during these years. Imports reached their lowest point in 2019, after peaking in 2017 with a 176-fold difference between these years. In 2020, Mongolia's imports of salted, in brine, dried or smoked beef came to 55 kilograms, equivalent to an intense 122.3% advance compared to the previous year.

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

Throughout 2017 to 2020, China remained the dominant and almost sole destination for Mongolia's imports in kind of salted, in brine, dried or smoked beef, with a share of 97.7%.

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

The market showed signs of volatility over the observed period. Import values reached their lowest point in 2019, after peaking in 2017 with a 23-fold variation. In 2020, Mongolia imported 2.2 thousand US dollars worth of salted, in brine, dried or smoked beef, which is 80.0% higher than the previous year.

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

From 2017 to 2020, the geographical pattern of imports in value terms was characterized by strong dominance from China, whose share reached 86.3% of total flows, while other partners held relatively minor shares.

Structure of product's imports in value by countries, 2017-2020

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