What is the price of mutton per kilogram/pound in Mongolia today?
The retail price range for Mongolia mutton is between US$ 7.42 and US$ 14.84 per kilogram or between US$ 3.37 and US$ 6.73 per pound(lb). Click here to see today's exact prices of mutton in Mongolia
The retail price range in Tugrik for mutton is between MNT 26,504.46 and MNT 53,008.93 per kilogram or between MNT 12,020.17 and MNT 24,040.33 per pound(lb) in Ulaanbaatar and Erdenet.
Wholesale prices
In 2024, the approximate wholesale price range for Mongolia mutton is between US$ 5.19 and US$ 10.39 per kilogram or between US$ 2.36 and US$ 4.71 per pound(lb).
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Mongolia Mutton Export Prices - Historical, Trends and Prediction
The export price of Mutton from Mongolia over the last five years has been quite volatile. In 2012, the price was 2.79 US$ per kg, which then increased to 5.48 US$ per kg in 2013. However, the price dropped to 1.00 US$ per kg in 2015 and then increased to 1.58 US$ per kg in 2016. In 2017, the price rose to 3.18 US$ per kg and then decreased to 2.76 US$ per kg in 2018. The price then increased to 3.66 US$ per kg in 2019 and 4.05 US$ per kg in 2020. The latest data shows that the price has dropped to 3.36 US$ per kg in 2021. Based on this data, it is predicted that the export price of Mutton from Mongolia will be 3.90 US$ per kg in 2023 and 4.24 US$ per kg in 2024.The mutton exports from Mongolia are categorised as:
- Frozen boneless cuts of sheep (HS code 020443)
- Frozen cuts of sheep, with bone in (excluding carcases and half-carcases) (HS code 020442)
- Fresh or chilled lamb carcases and half-carcases (HS code 020410)
- Frozen lamb carcases and half-carcases (HS code 020430)
- Fresh or chilled sheep carcases and half-carcases (excluding lambs) (HS code 020421)
- Fresh or chilled cuts of sheep, with bone in (excluding carcases and half-carcases) (HS code 020422)
- Frozen sheep carcases and half-carcases (excluding lambs) (HS code 020441)
- Fresh or chilled boneless cuts of sheep (HS code 020423)
Mongolia Mutton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mutton into Mongolia has seen a steady increase over the last five years. In 2017, the price was $3.18, followed by $2.76 in 2018 and $3.66 in 2019. The highest price was recorded in 2020 at $4.05, before dropping to $3.36 in 2021. This indicates that the import price of Mutton into Mongolia is subject to fluctuations. Based on this trend, it is likely that the import price of Mutton into Mongolia will be around $3.50 in 2023 and $3.75 in 2024.Export values for Mongolia mutton
The total values in export for mutton in Mongolia were US$ 202, US$ 8,267, US$ 12,924 and US$ 21,572 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Mongolia: Pork, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat, Rabbit Meat & Frog Legs.
See prices of mutton in other countries across Asia: Kazakhstan mutton, Kyrgyzstan mutton, Tajikistan mutton, Turkmenistan mutton, Uzbekistan mutton, China mutton, Hong Kong mutton, Macao mutton, North Korea mutton & Mongolia mutton.
Mongolia mutton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mongolia exported 5,890 tonnes of mutton. For the year 2019 alone, the demand for Mongolia mutton (meat category) has increased, recording a change of 25.962 per cent compared to the year 2018. Between 2017 and 2019, mutton's exports increased by 126.36% bringing the exporter US$21.57m for the year 2019. Mongolia's mutton exports are categorised as:
- Frozen lamb carcases and half-carcases (HS code 020430)
- Fresh or chilled cuts of sheep, with bone in (excluding carcases and half-carcases) (HS code 020422)
- Fresh or chilled lamb carcases and half-carcases (HS code 020410)
- Fresh or chilled sheep carcases and half-carcases (excluding lambs) (HS code 020421)
- Frozen sheep carcases and half-carcases (excluding lambs) (HS code 020441)
- Frozen boneless cuts of sheep (HS code 020443)
- Frozen cuts of sheep, with bone in (excluding carcases and half-carcases) (HS code 020442)
- Fresh or chilled boneless cuts of sheep (HS code 020423)
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Mongolia mutton export values
In 2019, Mongolia exported mutton valued at 21.57m USD, an improvement of 66.90% from 2018's total mutton export of 12.924m USD. The yearly growth in value of Mongolia mutton between 2017 to 2018 was 56.332 pc.
The yearly variation in the volume of Mongolia's mutton exports between 2017 and 2019 was 126.36 per cent compared to a variation of 25.962% in the period between 2018 and 2019.
Export markets for Mongolia mutton ( in '000$ )
Mongolia's top destinations for mutton are Iran, North Korea, Vietnam, Germany and Azerbaijan.
Mongolia purchased 100 tonnes of mutton in 2019.