Market research

Sheep and goat meat market in Mongolia

Release date: Mar 27, 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

Between 2018 and 2020, the Mongolian sheep and goat meat market volume grew from 466.5 thousand tonnes to 684.3 thousand tonnes. This expansion was driven by rising domestic consumer demand for organic and locally sourced meat, alongside increased public-private partnerships to improve production efficiency. In 2020, despite pandemic-related disruptions to export logistics, internal demand remained stable, and new programs to increase output of heat-treated meat began to be implemented.

Market volume fell sharply to 479.8 thousand tonnes in 2021, then recovered to 617.8 thousand tonnes in 2022. The rebound was supported by government measures to stabilize meat supplies and prices, coupled with the start of heat-treated meat exports to new Middle Eastern markets, including the UAE, Kuwait, and Saudi Arabia.

In 2023, the market size decreased to 557.9 thousand tonnes, while exports rose to 12.6 thousand tonnes, indicating a greater orientation toward external sales.

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 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. 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
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. 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 sheep and goat meat in Mongolia

In kind, 2017-2020, K t

From 2017 to 2020, Mongolia ranked 11th globally in sheep and goat meat production volume.

Top producers of sheep and goat meat, 2017-2020

Source: SHEV.io

World map of production of sheep and goat meat, 2017-2020

Source: SHEV.io

Mongolia's sheep and goat meat production grew for the third consecutive year. In 2020, the country produced 686.1 thousand tons, marking a 32.9% increase from 2019. Over the 2017-2020 period, production rose by 65.4%, with an average annual growth rate of 18.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.9%	9.2%	32.9%	18.3%

Source: SHEV.io

Exports sheep and goat meat from Mongolia

Exports in kind, t

Market performance showed significant fluctuations during this period. Exports peaked in 2019 before dropping to their lowest point in 2020, representing a 3.9-fold swing. In 2020, Mongolia's sheep and goat meat deliveries totaled 1 802 tons, a 74.4% decline from the previous year. The highest volume was recorded in 2019 at 7 042 tons, while the largest year-on-year increase occurred in 2018 at 135.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	135.7%	14.9%	(74.4%)	(11.5%)

Source: SHEV.io

Between 2017 and 2020, Iran and Vietnam were the primary export markets in volume terms, together accounting for 86.4% of total flows, with other partners making up the remainder.

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

Market behavior was volatile during these years. Export values swung fivefold from the 2019 high to the 2020 low. In 2020, Mongolia's sheep and goat meat deliveries were valued at 4 828 thousand US dollars, an 80.0% decrease from the previous year. The peak value was recorded in 2019 at 24 165 thousand US dollars, while the largest year-on-year rise occurred in 2018 at 88.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	88.3%	55.2%	(80.0%)	(16.4%)

Source: SHEV.io

From 2017 to 2020, Iran was the leading export destination in value terms, representing 76.2% of total flows, with other markets forming a long tail of smaller partners.

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 sheep and goat meat to Mongolia

Imports in kind, t

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

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

Source: SHEV.io

Between 2017 and 2020, two key markets—Iran and North Korea—together accounted for 83.7% of total imports in volume terms, with the rest distributed across a broad range of other countries.

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

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

Source: SHEV.io

From 2017 to 2020, Iran accounted for 80.4% of total sheep and goat meat import value to Mongolia, with the remainder spread across a wide array of smaller destinations.

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