Key Market Indicators
Mongol stone exports fell by 31.6% in 2021, reaching $4.8 million. This was a sharp decrease from the $7.1 million recorded in 2020. Since 2001, Mongol supply has grown by 4.9% annually. Jamaica overtook Mongolia in 2021 and came in at 125th place, while Germany, the United States, and Italy ranked 2nd, 3rd, and 4th respectively. Mongol stone imports are expected to reach $19 million by 2026, down 6% on average year on year from the $27.1 million recorded in 2021. Since 2001, Mongol demand has increased by 0.4% annually. Nicaragua surpassed Mongolia in 2021, ranking 93rd, with Germany, the United Kingdom, and France coming in 2nd, 3rd, and 4th respectively.
