Algeria - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethanol Price in Algeria - 2022
Contents:
- Methanol Price in Algeria (FOB) - 2022
- Methanol Price in Algeria (CIF) - 2022
- Methanol Exports in Algeria
- Methanol Imports in Algeria
Methanol Price in Algeria (FOB) - 2022
The average methanol export price stood at $317 per ton in 2022, dropping by -20.6% against the previous year. In general, the export price continues to indicate a slight setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 76%. Over the period under review, the average export prices reached the peak figure at $428 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($528 per ton), while the average price for exports to Greece ($104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Methanol Price in Algeria (CIF) - 2022
In 2022, the average methanol import price amounted to $2,196 per ton, increasing by 12% against the previous year. In general, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 85% against the previous year. Over the period under review, average import prices reached the maximum at $4,255 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($12,801 per ton), while the price for the United States ($508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Methanol Exports in Algeria
In 2022, exports of methanol (methyl alcohol) from Algeria fell slightly to 102K tons, dropping by -4.8% against 2021. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 107K tons, and then fell slightly in the following year.
In value terms, methanol exports shrank notably to $32M in 2022. Over the period under review, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, the exports attained the peak of $43M, and then contracted remarkably in the following year.
| Export of Methanol in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 15.6 | 12.5 | 34.6 | 24.3 | 15.9% |
| Greece | 2.1 | 1.5 | 1.9 | 2.2 | 1.6% |
| Italy | 3.1 | 1.3 | 0.5 | 1.8 | -16.6% |
| Spain | 5.0 | 1.4 | 3.5 | 1.5 | -33.1% |
| Turkey | 1.3 | 0.9 | 1.0 | 1.2 | -2.6% |
| Portugal | 1.2 | 0.8 | 0.9 | 1.0 | -5.9% |
| China | N/A | 3.2 | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 28.4 | 21.8 | 42.6 | 32.2 | 4.3% |
Top Export Markets for Methanol from Algeria in 2022:
- India (62.4K tons)
- Greece (21.2K tons)
- Portugal (5.3K tons)
- Italy (5.2K tons)
- Turkey (4.2K tons)
- Spain (2.9K tons)
Methanol Imports in Algeria
In 2022, approx. 76 tons of methanol (methyl alcohol) were imported into Algeria; falling by -36.7% on the previous year's figure. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 275% against the previous year. As a result, imports reached the peak of 120 tons, and then contracted sharply in the following year.
In value terms, methanol imports contracted sharply to $167K in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, imports attained the peak of $235K, and then declined dramatically in the following year.
| Import of Methanol in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 27.5 | 32.1 | 74.9 | 56.5 | 27.1% |
| Canada | 44.3 | 39.5 | 70.8 | 41.0 | -2.5% |
| France | 1.4 | 8.5 | 41.6 | 39.9 | 205.5% |
| United Arab Emirates | 8.4 | 7.6 | 24.1 | 15.2 | 21.9% |
| United States | 4.4 | 3.7 | 6.3 | 3.4 | -8.2% |
| India | 3.5 | 0.9 | 4.4 | 2.8 | -7.2% |
| Latvia | 6.2 | N/A | N/A | N/A | 0% |
| Others | 8.4 | 6.7 | 13.2 | 8.4 | 0.0% |
| Total | 104 | 99.1 | 235 | 167 | 17.1% |
Top Suppliers of Methanol to Algeria in 2022:
- South Korea (40.6 tons)
- United Arab Emirates (15.8 tons)
- France (7.6 tons)
- United States (6.7 tons)
- Canada (3.2 tons)
- India (0.9 tons)
This report provides an in-depth analysis of the methanol market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142210 - Methanol (methyl alcohol)
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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