Key Market Indicators
Mongol Bread Import is projected to hit approximately $35 million by 2028, up from nearly $34 million in 2023. This represents an average annual growth rate of 0.5%. However, the long-term trend has been less positive. Since 2001, the demand for bread imports in Mongolia has decreased by an average of 0.4% each year. On the export front, Mongol Bread Export is expected to decrease to around $145,000 by 2028, down from about $161,000 in 2023. This marks an average annual decline of 1.6%. Despite this recent downturn, Mongolian bread exports have seen an overall positive trend since 2005, with an average annual increase of 1.8%.
