Key Market Indicators
Mongol Diagnostic Reagent Export is projected to increase to nearly $19,750 by 2028, up from approximately $18,390 in 2023, marking an annual growth rate of 1.1%. However, since 2018, Mongolia's supply has dipped by 0.7% annually. In 2023, Mongolia ranked 88th globally, with Guyana surpassing it with exports valued at $18,390. Germany, the Netherlands, and the United Kingdom occupied the second, third, and fourth spots, respectively. On the import side, Mongolia's Diagnostic Reagent Import is anticipated to reach around $9.6 million by 2028, climbing from about $8.7 million in 2023, with an annual growth rate of 1.4%. Since 2002, the country's demand has increased by 2.1% per year.
