Key Market Indicators
Mongolian imports of household refrigerators are projected to reach nearly $4 million by 2026. The demand for these products has risen by an average of 3% annually since 2001. In 2021, Mongolia ranked 103rd in the world for imports of the appliances, with Nepal overtaking the country in this ranking. Germany, France and the UK were the top three importers in 2021. Mongolia's exports of household refrigerators decreased significantly in 2017, with figures dropping from $797 in 2016 to just $212. This represented a year-on-year decrease of 73.4%.