Key Market Indicators
**Mongolia's Animal Feed Imports Forecasted to Surge by 2028** Mongolia's demand for animal feed is projected to experience substantial growth over the next five years. By 2028, imports are expected to soar to approximately 18 million kilograms, up from around 14 million kilograms in 2023. This translates to an average annual growth rate of 3.7%. Since 2003, the country's demand for animal feed has been on a steady incline, with an annual increase of 5.6%. In contrast, Mongolia's animal feed export figures have shown a downward trend. In 2017, exports amounted to roughly 1,100 kilograms, a significant drop from the 1,800 kilograms recorded in 2016. This represents a decrease of nearly 38% in just one year.
