Russian Federation - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethanol Price in Russia - 2022
Contents:
- Methanol Price in Russia (FOB) - 2022
- Methanol Price in Russia (CIF) - 2022
- Methanol Exports in Russia
- Methanol Imports in Russia
Methanol Price in Russia (FOB) - 2022
In January 2022, the average methanol export price amounted to $383 per ton, picking up by 3.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.6%. The pace of growth appeared the most rapid in February 2021 an increase of 32% m-o-m. Over the period under review, the average export prices reached the maximum at $383 per ton in October 2021; however, from November 2021 to January 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In January 2022, the countries with the highest prices were Lithuania ($419 per ton) and Romania ($415 per ton), while the average price for exports to Belarus ($327 per ton) and the Netherlands ($343 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Methanol Price in Russia (CIF) - 2022
In 2021, the average methanol import price amounted to $9,083 per ton, increasing by 89% against the previous year. In general, the import price saw a significant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 812%. The import price peaked in 2021 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Belarus.
From 2013 to 2021, the rate of growth in terms of prices for Belarus amounted to +12.5% per year.
Methanol Exports in Russia
In 2022, overseas shipments of methanol (methyl alcohol) increased by 8.3% to 2.1M tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern.
In value terms, methanol exports skyrocketed to $1B in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Methanol in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 207 | 151 | 237 | 132 | -13.9% |
| Poland | 95.1 | 75.8 | 117 | 104 | 3.0% |
| Slovakia | 42.8 | 28.1 | 75.9 | 85.8 | 26.1% |
| Romania | 28.4 | 13.3 | 29.1 | 49.0 | 19.9% |
| Lithuania | 30.2 | 15.9 | 29.9 | 31.7 | 1.6% |
| Netherlands | 42.5 | 29.1 | 53.8 | 30.1 | -10.9% |
| Belarus | 22.1 | 22.8 | 40.2 | 20.3 | -2.8% |
| Kazakhstan | 14.7 | 12.1 | 12.5 | 12.1 | -6.3% |
| Others | 35.8 | 30.1 | 37.9 | 541 | 147.2% |
| Total | 518 | 379 | 633 | 1,006 | 24.8% |
Top Export Markets for Methanol from Russia in 2022:
- Finland (567.1K tons)
- Poland (384.6K tons)
- Slovakia (317.7K tons)
- Romania (178.5K tons)
- Netherlands (132.8K tons)
- Lithuania (114.2K tons)
- Belarus (93.9K tons)
- Kazakhstan (38.4K tons)
Methanol Imports in Russia
In 2022, approx. 32 tons of methanol (methyl alcohol) were imported into Russia; waning by -9.3% on 2021. In general, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
In value terms, methanol imports reduced markedly to $230K in 2022. Overall, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 132%.
| Import of Methanol in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Belarus | 61.3 | 136 | 321 | 128.8% | |
| Equatorial Guinea | 3,455 | N/A | N/A | 0% | |
| Others | 6.3 | 2.2 | N/A | -65.1% | |
| Total | 3,522 | 138 | 321 | -69.8% | |
Top Suppliers of Methanol to Russia in 2022:
- Belarus (132.9 tons)
This report provides an in-depth analysis of the methanol market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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