What is the price of milk & cream per kilogram/pound in Mongolia today?
The retail price range for Mongolia milk & cream is between US$ 0.60 and US$ 2.41 per kilogram or between US$ 0.27 and US$ 1.09 per pound(lb). Click here to see today's exact prices of milk & cream in Mongolia
The retail price range in Tugrik for milk & cream is between MNT 2,136.34 and MNT 8,614.29 per kilogram or between MNT 968.86 and MNT 3,906.71 per pound(lb) in Ulaanbaatar and Erdenet.
Wholesale prices
In 2024, the approximate wholesale price range for Mongolia milk & cream is between US$ 0.42 and US$ 1.69 per kilogram or between US$ 0.19 and US$ 0.77 per pound(lb).
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Mongolia Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Mongolia over the last five years has seen a steady increase. In 2015, the price was at its lowest at $1.00, before rising to $2.50 in 2016. This price remained steady until 2018, when it dropped to $2.86. However, in 2019, the price rose significantly to $6.00. Based on this trend, it is predicted that the export price per kilogram of Milk & Cream from Mongolia in 2023 will be around $7.50 and in 2024 will be around $9.00.The milk & cream exports from Mongolia are classified as:
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
Mongolia Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Mongolia over the last five years has been quite varied. In 2015, the price was at its lowest at $1.00, before increasing to $2.50 in 2016. This price remained steady until 2018, when it dropped to $2.86. However, in 2019 the price rose significantly to $6.00. This is a five-fold increase from the 2015 price. Looking ahead, it is likely that the import price of Milk & Cream into Mongolia will remain around the $6.00 mark for the next few years, with a slight decrease to $5.90 in 2023 and a slight increase to $6.10 in 2024.Export values for Mongolia milk & cream
The total values in export for milk & cream in Mongolia were US$ 60, US$ 3,324, US$ 1,396 and US$ 24 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Mongolia: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Asia: Kazakhstan milk & cream, Kyrgyzstan milk & cream, Tajikistan milk & cream, Turkmenistan milk & cream, Uzbekistan milk & cream, China milk & cream, Hong Kong milk & cream, Macao milk & cream, North Korea milk & cream & Mongolia milk & cream.
Mongolia milk & cream - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mongolia sold 4 tonnes of milk & cream. In 2019 alone, the interest in Mongolia milk & cream (processed category) has shrunk, with a change of -99.18 per cent compared to the year 2018. Between 2017 and 2019, milk & cream's exports decreased by -99.59 pc bringing the country US$0.02m for the year 2019. Mongolia's milk & cream exports are categorised as:
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
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Mongolia milk & cream export values
In 2019, Mongolia supplied milk & cream with a value of 0.02m USD, a reduction of -98.57% from 2018's total milk & cream export of 1.396m USD. The yearly reduction in value of Mongolia milk & cream between 2017 to 2018 was -58.002 per cent.
The yearly variation in the amount of Mongolia's milk & cream exports between 2017 and 2019 was -99.59% in comparison to a variation of -99.18% in the period between 2018 and 2019.
Export markets for Mongolia milk & cream ( in '000$ )
Mongolia's top export markets for milk & cream are US, Bangladesh, China and the Gambia.
Mongolia procured 27,000 tonnes of milk & cream in 2019.