Italy - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Italy - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights

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Methanol Price in Italy - 2023

Contents:

  1. Methanol Price in Italy (CIF) - 2022
  2. Methanol Price in Italy (FOB) - 2022
  3. Methanol Imports in Italy
  4. Methanol Exports in Italy

Methanol Price in Italy (CIF) - 2022

In 2022, the average methanol import price amounted to $401 per ton, rising by 5.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 67%. The import price peaked at $436 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Azerbaijan ($438 per ton) and Slovenia ($429 per ton), while the price for the United States ($379 per ton) and Egypt ($386 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Methanol Price in Italy (FOB) - 2022

The average methanol export price stood at $463 per ton in 2022, stabilizing at the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methanol export price decreased by -5.6% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 51%. Over the period under review, the average export prices attained the maximum at $507 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($820 per ton), while the average price for exports to Denmark ($106 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 Belgium (+59.2%), while the prices for the other major destinations experienced more modest paces of growth.

Methanol Imports in Italy

Methanol imports into Italy reduced slightly to 496K tons in 2022, declining by -2.9% compared with 2021 figures. Over the period under review, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.

In value terms, methanol imports rose to $199M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Methanol in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia31.813.932.347.314.2%
Egypt40.343.591.346.95.2%
United States2.37.913.238.5155.8%
Trinidad and Tobago36.36.118.125.8-10.8%
Azerbaijan15.119.110.820.711.1%
Slovenia0.22.41.65.9209.0%
Belgium12.31.20.20.3-71.0%
Venezuela9.0N/A8.5N/A-2.8%
Others6.36.117.113.328.3%
Total1541001931998.9%

Top Suppliers of Methanol to Italy in 2022:

  1. Egypt (121.6K tons)
  2. Saudi Arabia (116.1K tons)
  3. United States (101.6K tons)
  4. Trinidad and Tobago (64.5K tons)
  5. Azerbaijan (47.2K tons)
  6. Slovenia (13.8K tons)
  7. Belgium (0.1K tons)

Methanol Exports in Italy

In 2022, methanol exports from Italy surged to 12K tons, picking up by 70% against the previous year. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, methanol exports skyrocketed to $5.6M in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Methanol in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria72.948.32822,030203.1%
France1,0443539671,2466.1%
Slovenia4403588641,03733.1%
Switzerland3473265033560.9%
Germany20522435233117.3%
Malta93.812514118826.1%
DenmarkN/AN/AN/A77.40%
Others83.31,03918730954.8%
Total2,2852,4733,2965,57434.6%

Top Export Markets for Methanol from Italy in 2022:

  1. Austria (4.2K tons)
  2. France (2.5K tons)
  3. Slovenia (2.2K tons)
  4. Germany (1.1K tons)
  5. Denmark (0.7K tons)
  6. Switzerland (0.6K tons)
  7. Malta (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the methanol market in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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