U.S. - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethanol Prices in the United States
U.S. Methanol Export Price per Ton in August 2022
In August 2022, the methanol price per ton amounted to $266.6 (FOB, US), shrinking by -18.7% against the previous month. In general, the export price showed a slight reduction. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 73% month-to-month. As a result, the export price attained the peak level of $531.0 per ton. From June 2022 to August 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($96.9K per ton), while the average price for exports to South Korea ($202.0 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+130.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Methanol Exports
In August 2022, approximately 264K tons of methanol (methyl alcohol) were exported from the United States; with a decrease of -36.4% compared with July 2022 figures. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in April 2022 with an increase of 29% against the previous month.
In value terms, methanol exports reduced rapidly to $70M (IndexBox estimates) in August 2022. In general, exports faced a abrupt downturn. The growth pace was the most rapid in April 2022 when exports increased by 49% m-o-m.
U.S. Methanol Exports by Country
Spain (94K tons), the Netherlands (71K tons) and South Korea (50K tons) were the main destinations of methanol exports from the United States, with a combined 82% share of total exports. Italy, Mexico, France, Canada, Switzerland, Singapore, Taiwan (Chinese), the UK and Belgium lagged somewhat behind, together accounting for a further 18%.
From January 2022 to August 2022, the biggest increases were in Canada (with a CAGR of +15.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Spain ($23M), the Netherlands ($20M) and South Korea ($10M) were the largest markets for methanol exported from the United States worldwide, together accounting for 76% of total exports.
Among the main countries of destination, Spain, with a CAGR of +11.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
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:
- 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
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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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In June 2022, the methanol price per ton amounted to $372 per ton, stabilizing at the previous month.
In Apr 2022, the average methanol export price amounted to $390 per ton, increasing by 21% against the previous month. The export price indicated a pronounced expansion from Jan 2022 to Apr 2022.
In August 2022, the butanol price per ton amounted to $1,293, declining by -9.3% against the previous month.
Exports of Octyl Alcohol dropped to a value of 8.5 million in February 2023.
In today's global economy, international trade plays a crucial role in the development and growth of countries. One of the key commodities traded across borders is methanol, a versatile chemical compound used in various industries such as automotive, construction, and chemical manufacturing. Understanding the import markets for methanol is crucial for businesses, policymakers, and investors looking to capitalize on the growing demand for this essential substance. According to the latest data from the IndexBox market intelligence platform, here are the world's top import markets for methanol in terms of import value: China, India, Netherlands, South Korea, and Japan. China dominates the global methanol import market with an import value of $4.2 billion USD in 2022. India witnessed a surge in import value, reaching $985.8 million USD in 2022. The Netherlands holds the third position in the global methanol import market with a total import value of $968.1 million USD in 2022. South Korea and Japan also have strong import markets for methanol.
The use of methanol as an alternative fuel is in line with the new global green agenda and can become a new driver of the methanol market. Maritime and automotive fuels constitute the prospective methanol applications. China is the largest market for imported methanol, with import growth to persist, should more cars work on the methanol fuel.
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