Switzerland: Methanol Market 2024

Methanol Market Size in Switzerland

The Swiss methanol market shrank to $X in 2022, which is down by -3.1% 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 recorded a mild decrease. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Methanol Exports

Exports from Switzerland

In 2022, shipments abroad of methanol (methyl alcohol) increased by 154% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 417%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, methanol exports skyrocketed to $X in 2022. In general, exports saw a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of 174% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons), the United States (X tons) and France (X tons) were the main destinations of methanol exports from Switzerland, with a combined 87% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +287.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for methanol (methyl alcohol) exports from Switzerland, comprising 53% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 20% share of total exports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+279.3% per year) and the United States (+33.7% per year).

Export Prices by Country

The average methanol export price stood at $X per ton in 2022, which is down by -29.7% against the previous year. Overall, the export price saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-2.0%), while the prices for the other major destinations experienced a decline.

Methanol Imports

Imports into Switzerland

In 2022, the amount of methanol (methyl alcohol) imported into Switzerland dropped modestly to X tons, declining by -4.3% compared with the previous year. In general, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of 76% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, methanol imports stood at $X in 2022. Over the period under review, imports recorded a mild descent. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Norway (X tons) constituted the largest methanol supplier to Switzerland, accounting for a 70% share of total imports. Moreover, methanol imports from Norway exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.6% per year) and the Netherlands (+38.7% per year).

In value terms, Norway ($X) constituted the largest supplier of methanol (methyl alcohol) to Switzerland, comprising 61% of total imports. The second position in the ranking was held by Germany ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Norway stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.6% per year) and the Netherlands (+38.1% per year).

Import Prices by Country

The average methanol import price stood at $X per ton in 2022, surging by 5.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 47% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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