Report U.S. - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 13, 2022

U.S. - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Methanol Market 2022

Methanol Market Size in the U.S.

The U.S. methanol market rose slightly to $X in 2021, picking up by less than X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Methanol consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Methanol Production in the U.S.

In value terms, methanol production fell slightly to $X in 2021. In general, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Methanol Exports

Exports from the U.S.

In 2021, methanol exports from the United States soared to X tons, rising by X% on 2020 figures. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, methanol exports soared to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons) was the main destination for methanol exports from the United States, accounting for a X% share of total exports. Moreover, methanol exports to South Korea exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to South Korea stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, South Korea ($X) remains the key foreign market for methanol exports from the United States, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2021, the average annual growth rate of value to South Korea amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

In 2021, the average methanol export price amounted to $X per ton, falling by -X% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Mexico ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-X%), while the prices for the other major destinations experienced a decline.

Methanol Imports

Imports into the U.S.

After three years of decline, overseas purchases of methanol (methyl alcohol) increased by X% to X tons in 2021. Over the period under review, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, methanol imports surged to $X in 2021. Overall, imports, however, saw a abrupt decrease. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Trinidad and Tobago (X tons) constituted the largest supplier of methanol to the United States, accounting for a X% share of total imports. Moreover, methanol imports from Trinidad and Tobago exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold. The third position in this ranking was held by Equatorial Guinea (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Trinidad and Tobago totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Equatorial Guinea (+X% per year).

In value terms, Trinidad and Tobago ($X) constituted the largest supplier of methanol to the United States, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by Equatorial Guinea, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Trinidad and Tobago amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Equatorial Guinea (-X% per year).

Import Prices by Country

The average methanol import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Canada ($X per ton), while the price for Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for methanol (methyl alcohol) in the world?
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The countries with the highest volumes of methanol consumption in 2021 were China, the United States and Russia, with a combined 30% share of global consumption. These countries were followed by Germany, India, Indonesia, Japan, South Korea, Taiwan Chinese), Brazil, Canada, the Netherlands and Ethiopia, which together accounted for a further 32%.
What are the largest producers of methanol (methyl alcohol) in the world?
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The countries with the highest volumes of methanol production in 2021 were Saudi Arabia, the United States and Trinidad and Tobago, together comprising 28% of global production. Russia, Iran, Oman, the United Arab Emirates, Venezuela, Egypt, Malaysia, Indonesia, Ethiopia and Qatar lagged somewhat behind, together comprising a further 43%.
What are the leading suppliers of methanol (methyl alcohol) to the U.S.?
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In value terms, Trinidad and Tobago constituted the largest supplier of methanol to the United States, comprising 55% of total imports. The second position in the ranking was held by Canada, with a 20% share of total imports. It was followed by Equatorial Guinea, with an 11% share.
What are the leading importers of methanol (methyl alcohol) from the U.S.?
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In value terms, South Korea remains the key foreign market for methanol exports from the United States, comprising 42% of total exports. The second position in the ranking was taken by the Netherlands, with a 17% share of total exports. It was followed by Taiwan Chinese), with an 8.4% share.
What is the average export price for methanol (methyl alcohol) in the U.S.?
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The average methanol export price stood at $282 per ton in 2021, waning by -28.9% against the previous year.
What is the average import price for methanol (methyl alcohol) in the U.S.?
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In 2021, the average methanol import price amounted to $296 per ton, growing by 62% against the previous year.

This report provides an in-depth analysis of the methanol market in the U.S.. 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:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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