Latest Report Update: Jan 27, 2021

Asia - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Methanol Market Overview 2021

Methanol Market Size in Asia

In 2019, after two years of growth, there was significant decline in the Asian methanol market, when its value decreased by -X% to $X. In general, consumption continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Methanol Production in Asia

In value terms, methanol production contracted significantly to $X in 2019 estimated in export prices. Overall, production recorded a mild curtailment. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Production By Country in Asia

The countries with the highest volumes of methanol production in 2019 were Iran (X tonnes), Saudi Arabia (X tonnes) and China (X tonnes), with a combined X% share of total production. Oman, Malaysia, Indonesia and Qatar lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Oman, while methanol production for the other leaders experienced more modest paces of growth.

Methanol Exports

Exports in Asia

In 2019, the amount of methanol (methyl alcohol) exported in Asia declined rapidly to X tonnes, with a decrease of -X% on 2018. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2018, and then fell sharply in the following year.

In value terms, methanol exports dropped sharply to $X in 2019. Total exports indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2018, and then contracted notably in the following year.

Exports by Country

In 2019, Iran (X tonnes), Saudi Arabia (X tonnes), Oman (X tonnes) and Malaysia (X tonnes) represented the major exporter of methanol (methyl alcohol) in Asia, achieving X% of total export. It was distantly followed by Qatar (X tonnes), constituting a X% share of total exports. Bahrain (X tonnes) and China (X tonnes) held a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in Oman, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X) emerged as the largest methanol supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

In Iran, methanol exports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Saudi Arabia (-X% per year) and Oman (+X% per year).

Export Prices by Country

In 2019, the methanol export price in Asia amounted to $X per tonne, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was China ($X per tonne), while Oman ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Methanol Imports

Imports in Asia

In 2019, the amount of methanol (methyl alcohol) imported in Asia dropped markedly to X tonnes, waning by -X% on the previous year. Total imports indicated a noticeable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2018, and then contracted markedly in the following year.

In value terms, methanol imports declined sharply to $X in 2019. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018, and then reduced rapidly in the following year.

Imports by Country

In 2019, India (X tonnes), South Korea (X tonnes), Japan (X tonnes) and Taiwan (Chinese) (X tonnes) was the largest importer of methanol (methyl alcohol) in Asia, comprising X% of total import. It was distantly followed by Indonesia (X tonnes), Thailand (X tonnes) and Singapore (X tonnes), together mixing up a X% share of total imports.

From 2007 to 2019, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Taiwan (Chinese) ($X) and Japan ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by South Korea, Indonesia, Thailand and Singapore, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the methanol import price in Asia amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price recorded a mild decrease. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Taiwan (Chinese) ($X per tonne) and Indonesia ($X per tonne), while India ($X per tonne) and South Korea ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for methanol (methyl alcohol) in Asia?
+
The countries with the highest volumes of methanol consumption in 2019 were China (2.7M tonnes), India (2.3M tonnes) and South Korea (1.8M tonnes), with a combined 40% share of total consumption.
What are the largest producers of methanol (methyl alcohol) in Asia?
+
The countries with the highest volumes of methanol production in 2019 were Iran (4.6M tonnes), Saudi Arabia (3.2M tonnes) and China (2.9M tonnes), together comprising 63% of total production. Oman, Malaysia, Indonesia and Qatar lagged somewhat behind, together comprising a further 28%.
What are the leading exporters of methanol (methyl alcohol) in Asia?
+
In value terms, Iran ($1.7B) emerged as the largest methanol supplier in Asia, comprising 42% of total exports. The second position in the ranking was occupied by Saudi Arabia ($818M), with a 20% share of total exports. It was followed by Oman, with a 12% share.
What are the leading importers of methanol (methyl alcohol) in Asia?
+
In value terms, India ($632M), Taiwan (Chinese) ($599M) and Japan ($512M) constituted the countries with the highest levels of imports in 2019, together comprising 49% of total imports. These countries were followed by South Korea, Indonesia, Thailand and Singapore, which together accounted for a further 34%.
What is the average export price for methanol (methyl alcohol) in Asia?
+
The methanol export price in Asia stood at $367 per tonne in 2019, flattening at the previous year.
What is the average import price for methanol (methyl alcohol) in Asia?
+
In 2019, the methanol import price in Asia amounted to $317 per tonne, shrinking by -18.4% against the previous year.

Product coverage:
• Prodcom 20142210 - Methanol (methyl alcohol)

This report provides an in-depth analysis of the methanol market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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