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Report Central Asia - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Methanol Market 2024

Methanol Market Size in Central Asia

The Central Asian methanol market fell to $X in 2022, declining by -11.8% against the previous year. In general, consumption, however, continues to indicate a remarkable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Methanol Production in Central Asia

In value terms, methanol production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2017 when the production volume increased by 397%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Methanol Exports

Exports in Central Asia

In 2022, overseas shipments of methanol (methyl alcohol) increased by 14% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 33,167% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, methanol exports fell slightly to $X in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 24,765%. As a result, the exports attained the peak of $X, and then dropped slightly in the following year.

Exports by Country

The biggest shipments were from Uzbekistan (X tons), together recording 99.9% of total export.

Uzbekistan was also the fastest-growing in terms of the methanol (methyl alcohol) exports, with a CAGR of +49.8% from 2013 to 2022. While the share of Uzbekistan (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) also remains the largest methanol supplier in Central Asia.

From 2013 to 2022, the average annual rate of growth in terms of value in Uzbekistan totaled +43.4%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, which is down by -16.1% against the previous year. Overall, the export price saw a pronounced contraction. The pace of growth was the most pronounced in 2015 an increase of 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 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 Uzbekistan.

From 2013 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to -4.3% per year.

Methanol Imports

Imports in Central Asia

In 2022, imports of methanol (methyl alcohol) in Central Asia contracted to X tons, leveling off at 2021. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, methanol imports rose slightly to $X in 2022. Overall, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 56% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

The purchases of the one major importers of methanol (methyl alcohol), namely Kazakhstan, represented more than two-thirds of total import.

Kazakhstan was also the fastest-growing in terms of the methanol (methyl alcohol) imports, with a CAGR of +8.5% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported methanol (methyl alcohol) in Central Asia.

In Kazakhstan, methanol imports increased at an average annual rate of +7.7% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by 5.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 15% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -0.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Uzbekistan, Turkmenistan and Kazakhstan, together comprising 100% of total consumption.
The countries with the highest volumes of in 2021 were Uzbekistan and Turkmenistan.
In value terms, Uzbekistan remains the largest methanol supplier in Central Asia.
In value terms, Kazakhstan constitutes the largest market for imported methanol methyl alcohol) in Central Asia.
The export price in Central Asia stood at $375 per ton in 2021, rising by 3.1% against the previous year.
The import price in Central Asia stood at $391 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the methanol market in Central 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 2030.

Product coverage:

  • Prodcom 20142210 - Methanol (methyl alcohol)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central 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. 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
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  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

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