Mongolia: Oat Market 2020

Oat Market Size in Mongolia

The revenue of the oat market in Mongolia amounted to $X in 2018, growing by X% against the previous year. Over the period under review, oat consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Mongolia oat consumption peaked at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Oat Production in Mongolia

In value terms, oat production stood at $X in 2018 estimated in export prices. Over the period under review, oat production continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2015 when production volume increased by X% y-o-y. In that year, oat production attained its peak level of $X. From 2016 to 2018, oat production growth remained at a lower figure.

Average yield of oats in Mongolia amounted to X kg per ha in 2018, going down by -X% against the previous year. Overall, the oat yield continues to indicate a deep drop. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. The global oat yield peaked at X ton per ha in 2012; however, from 2013 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of oats production in Mongolia stood at X ha, jumping by X% against the previous year. In general, the oat harvested area continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to oat production reached its peak figure at X ha in 2015; however, from 2016 to 2018, harvested area failed to regain its momentum.

Oat Exports

Exports from Mongolia

In 2018, the amount of oats exported from Mongolia amounted to X tons, approximately mirroring the previous year. In general, oat exports continue to indicate outstanding growth. Over the period under review, oat exports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, oat exports amounted to $X in 2018. In general, oat exports continue to indicate an outstanding expansion. Over the period under review, oat exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

Canada prevails in oat exports structure, reaching X tons, which was approx. X% of total exports in 2018. Sweden (X tons) ranks second in terms of the total exports with a X% share, followed by Finland (X%). Poland (X tons), France (X tons), Spain (X tons), Estonia (X tons), Lithuania (X tons) and Latvia (X tons) followed a long way behind the leaders.

Exports from Canada decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Estonia (+X%), Latvia (+X%), Lithuania (+X%), Poland (+X%), Sweden (+X%), France (+X%), Finland (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Sweden, Poland, Estonia and France increased by +X%, +X%, +X% and +X% percentage points, while Canada (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest oat supplier from Mongolia, comprising X% of global exports. The second position in the ranking was occupied by Finland ($X), with a X% share of global exports. It was followed by Sweden, with a X% share.

In Canada, oat exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Finland (+X% per year) and Sweden (+X% per year).

Export Prices by Country

The oat export price in Mongolia stood at $X per ton in 2018, flattening at the previous year. In general, the oat export price continues to indicate a sharp deduction. Mongolia export price peaked at $X per ton in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Estonia ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Estonia, while the other leaders experienced more modest paces of growth.

Oat Imports

Imports into Mongolia

In 2018, the amount of oats imported into Mongolia totaled X tons, picking up by X% against the previous year. Overall, oat imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Mongolia imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, oat imports amounted to $X in 2018. Over the period under review, oat imports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, oat imports attained their maximum in 2018 and are likely to see steady growth in the near future.

Imports by Country

The U.S. was the largest importing country with an import of about X tons, which reached X% of total imports. Germany (X tons) ranks second in terms of the total imports with a X% share, followed by Mexico (X%). The following importers - the Netherlands (X tons), Belgium (X tons), Spain (X tons), the UK (X tons), Japan (X tons), Peru (X tons) and Switzerland (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to oat imports into the U.S. stood at -X%. At the same time, Peru (+X%), the Netherlands (+X%), Germany (+X%), Mexico (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK, Japan and Switzerland experienced a relatively flat trend pattern. By contrast, Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany, the Netherlands and Mexico increased by +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported oats into Mongolia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In the U.S., oat imports plunged by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Mexico (+X% per year).

Import Prices by Country

The oat import price in Mongolia stood at $X per ton in 2018, going down by -X% against the previous year. Over the period under review, the oat import price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2011 when the import price increased by X% year-to-year. Mongolia import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform