Key Market Indicators
Mongol wheat consumption is forecast to remain steady in the next five years, with 352,440 metric tons expected in 2026. This compares to 353,000 metric tons in 2021 and 353,400 metric tons in 2017. Mongolia ranked 95th in 2021, just behind Uruguay at 353,000 metric tons. India, the United States and Pakistan ranked 2nd, 3rd and 4th respectively. Mongol wheat production is predicted to grow by 1.5% annually to 462,650 metric tons in 2026. This is up from 423,710 metric tons in 2021, but still below the 1966 peak of 468,120 metric tons. Mongolia ranked 61st in 2021, behind Saudi Arabia’s 423,710 metric tons. India, Russia and the United States ranked 2nd, 3rd and 4th respectively.
