We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Australia and Oceania - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Australia and Oceania - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Australia and Oceania: Methanol Market 2024

Methanol Market Size in Australia and Oceania

The methanol market in Australia and Oceania skyrocketed to $X in 2022, jumping by 80% against the previous year. In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Methanol Production in Australia and Oceania

In value terms, methanol production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 92% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Methanol Exports

Exports in Australia and Oceania

Methanol exports fell rapidly to X tons in 2022, dropping by -99.3% compared with the previous year's figure. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 12,308%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, methanol exports reduced dramatically to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 13,106% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of methanol (methyl alcohol), namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the methanol (methyl alcohol) exports, with a CAGR of -19.2% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest methanol supplier in Australia and Oceania.

In Australia, methanol exports decreased by an average annual rate of -18.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with an increase of 26% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 105%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +0.4% per year.

Methanol Imports

Imports in Australia and Oceania

After three years of growth, supplies from abroad of methanol (methyl alcohol) decreased by -20.6% to X tons in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, methanol imports declined remarkably to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $X, and then shrank markedly in the following year.

Imports by Country

Papua New Guinea was the largest importing country with an import of about X tons, which finished at 72% of total imports. It was distantly followed by New Zealand (X tons), creating a 24% share of total imports. New Caledonia (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to methanol imports into Papua New Guinea stood at +11.7%. At the same time, New Caledonia (+28.1%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +28.1% from 2012-2022. By contrast, New Zealand (-11.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Papua New Guinea and New Caledonia increased by +50 and +1.6 percentage points, respectively.

In value terms, the largest methanol importing markets in Australia and Oceania were Papua New Guinea ($X), New Zealand ($X) and New Caledonia ($X), with a combined 97% share of total imports.

New Caledonia, with a CAGR of +32.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, increasing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 an increase of 29%. The level of import peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

New Zealand remains the largest methanol consuming country in Australia and Oceania, comprising approx. 93% of total volume. Moreover, methanol consumption in New Zealand exceeded the figures recorded by the second-largest consumer, Australia, more than tenfold.
The country with the largest volume of methanol production was New Zealand, accounting for 100% of total volume.
In value terms, New Zealand remains the largest methanol supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was occupied by Australia, with a 12% share of total exports.
In value terms, Australia constitutes the largest market for imported methanol methyl alcohol) in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was occupied by New Zealand, with an 11% share of total imports.
The export price in Australia and Oceania stood at $123 per ton in 2021, surging by 2.2% against the previous year.
In 2021, the import price in Australia and Oceania amounted to $383 per ton, growing by 10% against the previous year.

This report provides an in-depth analysis of the methanol market in Australia and Oceania. 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:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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. CONSUMPTION BY COUNTRY
    3. 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
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

Recommended reports

Asia - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 546

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

U.S. - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 789

This report provides an in-depth analysis of the methanol market in the U.S..

China - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 845

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

EU - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 664

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

World - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 3881

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

Free Data: Methanol (Methyl Alcohol) - Australia and Oceania
Table
Methanol (Methyl Alcohol) - Australia and Oceania - Table
Dashboard
Methanol (Methyl Alcohol) - Australia and Oceania - Dashboard
Report
Methanol (Methyl Alcohol) - Australia and Oceania - Report