Key Market Indicators
Mongol Make-Up Imports are projected to reach almost $20 million by 2026, with an average year-on-year growth rate of 0.9%. Since 2001, Mongol demand has grown 7.6% annually. In 2021, Mongolia was ranked 94th in the world, overtaken by Macedonia with $18.9 million. The United States, Singapore and Germany were ranked second, third and fourth respectively. Mongol Make-Up Exports are estimated to reach $172,870 by 2026, with an average annual growth rate of 1.9%. Since 2001, Mongol supply has declined by 16.8% per year. In 2021, Mongolia was 108th in the world, overtaken by Belize with $154,040. The United States, Singapore and South Korea came in second, third and fourth place respectively.
