Wheat — Producer Price in Mongolia

Mongolia: Wheat — Producer Price was 989,260 LCU in 2024. ◆ Volatile

Latest (2024)
989,260 LCU
Change on year
down 14.0%
World rank
5th
of 93 countries
All-time high
1.15 million LCU
in 2023
All-time low
30,270 LCU
in 1993
Years of data
32
1993–2024

Wheat — Producer Price in Mongolia, 1993–2024

0250.0k500.0k750.0k1.0M1.2M1993200820241993: 30.3k LCU1994: 43.9k LCU1995: 57.6k LCU1996: 119.5k LCU1997: 102.1k LCU1998: 101.4k LCU1999: 92.2k LCU2000: 102.2k LCU2001: 108.2k LCU2002: 122.8k LCU2003: 132.3k LCU2004: 149.0k LCU2005: 163.0k LCU2006: 168.0k LCU2007: 180.0k LCU2008: 350.0k LCU2009: 465.0k LCU2010: 477.4k LCU2011: 423.7k LCU2012: 417.2k LCU2013: 372.9k LCU2014: 479.9k LCU2015: 553.7k LCU2016: 473.3k LCU2017: 522.8k LCU2018: 460.8k LCU2019: 636.9k LCU2020: 900.6k LCU2021: 776.1k LCU2022: 867.9k LCU2023: 1.1M LCU2024: 989.3k LCU

Source: Food and Agriculture Organization of the United Nations. Measured in LCU.

Analysis

In 2024, wheat — producer price in Mongolia stood at 989,260 LCU.

That represents a change of down 14.0% on the previous year and up 106.1% over ten years.

Over the whole period, wheat — producer price in Mongolia peaked at 1.15 million LCU in 2023 and was at its lowest, 30,270 LCU, in 1993.

Mongolia ranks 5th of 93 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Wheat — Producer Price in Mongolia, year by year

Annual values for Wheat — Producer Price (LCU/tonne) in Mongolia, 1993 to 2024.
Year LCU Change
1993 30,270 LCU
1994 43,930 LCU +45.1%
1995 57,600 LCU +31.1%
1996 119,500 LCU +107.5%
1997 102,100 LCU -14.6%
1998 101,400 LCU -0.7%
1999 92,206 LCU -9.1%
2000 102,200 LCU +10.8%
2001 108,200 LCU +5.9%
2002 122,800 LCU +13.5%
2003 132,300 LCU +7.7%
2004 149,000 LCU +12.6%
2005 163,000 LCU +9.4%
2006 168,000 LCU +3.1%
2007 180,000 LCU +7.1%
2008 350,000 LCU +94.4%
2009 465,000 LCU +32.9%
2010 477,407 LCU +2.7%
2011 423,667 LCU -11.3%
2012 417,200 LCU -1.5%
2013 372,857 LCU -10.6%
2014 479,910 LCU +28.7%
2015 553,736 LCU +15.4%
2016 473,325 LCU -14.5%
2017 522,798 LCU +10.5%
2018 460,772 LCU -11.9%
2019 636,926 LCU +38.2%
2020 900,585 LCU +41.4%
2021 776,068 LCU -13.8%
2022 867,859 LCU +11.8%
2023 1.15 million LCU +32.5%
2024 989,260 LCU -14.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 78,144 LCU 30,270 LCU 119,500 LCU 7
2000s 194,050 LCU 102,200 LCU 465,000 LCU 10
2010s 481,860 LCU 372,857 LCU 636,926 LCU 10
2020s 936,724 LCU 776,068 LCU 1.15 million LCU 5

Countries ranked near Mongolia

  1. 2 Yemen 2.14 million LCU compare
  2. 3 Paraguay 1.42 million LCU compare
  3. 4 Madagascar 1.25 million LCU compare
  4. 6 Rwanda 969,231 LCU compare
  5. 7 Chad 839,205 LCU compare
  6. 8 Myanmar 808,860 LCU compare

See the full ranking of 100 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is wheat — producer price in Mongolia?
Wheat — producer price in Mongolia was 989,260 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — producer price recorded in Mongolia?
The highest recorded value was 1.15 million LCU in 2023.
What is the lowest wheat — producer price recorded in Mongolia?
The lowest recorded value was 30,270 LCU in 1993.
How does Mongolia rank for wheat — producer price?
Mongolia ranks 5th out of 93 countries with data for 2024.
Is wheat — producer price rising or falling in Mongolia?
Over the last ten years it is up 106.1%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.

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Wheat — Producer Price in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/wheat-producer-price-lcu-tonne-2/mongolia/

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About this data

Indicator
Wheat — Producer Price (LCU/tonne)
Unit
LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
100 places, 2,839 data points, 1991–2025
Last refreshed

This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.