Iran - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethanol Price in Iran - 2021
Contents:
- Methanol Price in Iran (FOB) - 2022
- Methanol Price in Iran (CIF) - 2022
- Methanol Exports in Iran
- Methanol Imports in Iran
Methanol Price in Iran (FOB) - 2022
The average methanol export price stood at $233 per ton in 2022, waning by -13.3% against the previous year. Over the period under review, the export price saw a noticeable decline. The growth pace was the most rapid in 2017 when the average export price increased by 37%. The export price peaked at $400 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($226 per ton), while the average price for exports to India amounted to $221 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.3%), while the prices for the other major destinations experienced a decline.
Methanol Price in Iran (CIF) - 2022
The average methanol import price stood at $4,389 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methanol import price increased by +1.7% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 143%. Over the period under review, average import prices attained the peak figure at $4,773 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4,937 per ton), while the price for the Netherlands ($436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.9%), while the prices for the other major suppliers experienced a decline.
Methanol Exports in Iran
After two years of decline, shipments abroad of methanol (methyl alcohol) increased by 0.8% to 2.6M tons in 2022. In general, exports, however, saw a abrupt downturn.
In value terms, methanol exports declined to $616M in 2022. Overall, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year.
| Export of Methanol in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 798 | 480 | 168 | 294 | -28.3% |
| India | 209 | 47.0 | 18.3 | 61.8 | -33.4% |
| Others | 1.3 | 0.1 | 518 | 260 | 484.8% |
| Total | 1,008 | 527 | 704 | 616 | -15.1% |
Top Export Markets for Methanol from Iran in 2022:
- China (1304.2K tons)
- India (279.0K tons)
Methanol Imports in Iran
In 2022, after three years of growth, there was significant decline in overseas purchases of methanol (methyl alcohol), when their volume decreased by -8.5% to 30 tons. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of 32 tons, and then reduced in the following year.
In value terms, methanol imports reduced to $129K in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 24%. As a result, imports attained the peak of $143K, and then reduced in the following year.
| Import of Methanol in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 0.2 | 30.6 | 15200.0% |
| Turkey | 50.9 | 46.2 | 43.9 | 27.3 | -18.8% |
| United Kingdom | 30.7 | 25.6 | 42.0 | 17.4 | -17.2% |
| Netherlands | N/A | N/A | N/A | 10.0 | 0% |
| Germany | 1.2 | 1.4 | 4.0 | 1.3 | 2.7% |
| Spain | N/A | 11.2 | 9.0 | N/A | -19.6% |
| South Korea | N/A | N/A | 10.8 | N/A | 0% |
| Belgium | 1.4 | 5.8 | 8.2 | N/A | 142.0% |
| Others | 34.1 | 25.4 | 25.3 | 42.7 | 7.8% |
| Total | 118 | 116 | 143 | 129 | 3.0% |
Top Suppliers of Methanol to Iran in 2022:
- Netherlands (23.0 tons)
- France (9.2 tons)
- Turkey (6.9 tons)
- United Kingdom (3.5 tons)
- Germany (0.4 tons)
This report provides an in-depth analysis of the methanol market in Iran. 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:
- Iran
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iran
- 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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