Key Market Indicators
Mongol Cosmetics Export is projected to reach $194 million by 2026, a 1.7% year-on-year average growth rate from 2021's $175 million. Since 2001, Mongol supply has dropped by 15%. In 2021, Benin overtook Mongolia to rank 125th with $175 million, while the United States, Germany and Ireland respectively ranked 2nd, 3rd and 4th. Mongol Cosmetics Import is expected to reach $48 million by 2026, a 0.3% year-on-year average growth rate from 2021's $47 million. Since 2001, Mongol demand has increased 4.4% year-on-year. In 2021, Albania overtook Mongolia to rank 111th with $47 million, while China, Germany and the United Kingdom respectively ranked 2nd, 3rd and 4th.
