Report Update Nov 1, 2024

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

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Kazakhstan: Methanol Market 2024

Methanol Market Size in Kazakhstan

The Kazakh methanol market reached $X in 2022, with an increase of 2.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a strong expansion. Methanol consumption peaked in 2022 and is likely to continue growth in the near future.

Methanol Exports

Exports from Kazakhstan

In 2022, the amount of methanol (methyl alcohol) exported from Kazakhstan amounted to X kg, remaining relatively unchanged against the previous year. Overall, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, methanol exports stood at $X in 2022. In general, exports saw a abrupt curtailment. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X kg) was the main destination for methanol exports from Kazakhstan, accounting for a approx. 100% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Belarus was relatively modest.

From 2015 to 2022, the average annual growth rate of value to Belarus was relatively modest.

Export Prices by Country

The average methanol export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2015 to 2022, the rate of growth in terms of prices for Belarus amounted to 0.0% per year.

Methanol Imports

Imports into Kazakhstan

In 2022, approx. X tons of methanol (methyl alcohol) were imported into Kazakhstan; stabilizing at the previous year. Overall, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by 45% against the previous year. Imports peaked at X tons in 2021, and then shrank slightly in the following year.

In value terms, methanol imports expanded to $X in 2022. In general, imports, however, recorded strong growth. The growth pace was the most rapid in 2018 with an increase of 54% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest methanol supplier to Kazakhstan, accounting for a 80% share of total imports. Moreover, methanol imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +6.6%.

In value terms, Russia ($X) constituted the largest supplier of methanol (methyl alcohol) to Kazakhstan, comprising 83% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +6.4%.

Import Prices by Country

In 2022, the average methanol import price amounted to $X per ton, picking up by 5.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Uzbekistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for methanol (methyl alcohol) in the world?

China remains the largest methanol consuming country worldwide, comprising approx. 23% of total volume. Moreover, methanol consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Russia ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of methanol (methyl alcohol) in the world?

The countries with the highest volumes of in 2021 were the United States, Saudi Arabia and Trinidad and Tobago, together accounting for 29% of global production.

What are the leading suppliers of methanol (methyl alcohol) to Kazakhstan?

In value terms, Russia constituted the largest supplier of methanol to Kazakhstan, comprising 83% of total imports. The second position in the ranking was occupied by Uzbekistan, with a 17% share of total imports.

What is the average export price for methanol (methyl alcohol) in Kazakhstan?

The average methanol export price stood at $483 per ton in 2017, almost unchanged from the previous year.

What is the average import price for methanol (methyl alcohol) in Kazakhstan?

In 2021, the average methanol import price amounted to $391 per ton, leveling off at the previous year.

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

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023