Key Market Indicators
Mongol Grains Production is projected to climb to approximately 504,000 metric tons by 2028, marking an increase from around 461,000 metric tons in 2023. This uptick represents an average annual growth rate of 1.4%. Historically, Mongol grain supply has experienced a modest annual growth rate of 0.3% since 1966. In the global rankings for 2023, Mongolia held the 117th position, with Mauritania slightly ahead, also producing around 461,000 metric tons. Leading the global rankings, the United States, India, and Brazil secured the second, third, and fourth spots, respectively.
