Key Market Indicators
Mongolian bioenergy consumption is predicted to reach almost 27 million metric tons by 2026. It was 24.6 million metric tons in 2021, growing at an annual rate of 1.6%. Since 1975, Mongolian demand has increased at a rate of 3.2% a year. In 2021, the country was ranked 96th, with Papua New Guinea in first place at 24.6 million metric tons. India, Brazil and the United States took second, third and fourth place respectively.