Key Market Indicators
Mongolia's pet food import is projected to surge to approximately 440,000 kilograms by 2028, up from about 370,000 kilograms in 2023. This represents an average annual growth rate of 2.7%. The country's demand for pet food has been on a steady incline, increasing by an average of 3.3% each year since 2003. On the export front, Mongolia saw a significant boost in 2018, with pet food exports reaching nearly 32,000 kilograms. This marks a dramatic rise of 165% compared to the previous year, when exports were recorded at around 12,000 kilograms in 2017.