U.S. - Methanol (Methyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMethanol Price in the United States - 2023
Contents:
- Methanol Price in the United States (CIF) - 2022
- Methanol Price in the United States (FOB) - 2022
- Methanol Imports in the United States
- Methanol Exports in the United States
Methanol Price in the United States (CIF) - 2022
In 2022, the average methanol import price amounted to $503 per ton, jumping by 17% against the previous year. In general, the import price showed a temperate increase. The most prominent rate of growth was recorded in 2021 an increase of 73% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($918 per ton), while the price for Equatorial Guinea ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Methanol Price in the United States (FOB) - 2022
In 2022, the average methanol export price amounted to $382 per ton, surging by 7.1% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 80% against the previous year. The export price peaked at $498 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($696 per ton), while the average price for exports to Taiwan (Chinese) ($309 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 Canada (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Methanol Imports in the United States
Methanol imports into the United States dropped remarkably to 1.3M tons in 2022, waning by -36% against 2021 figures. Over the period under review, imports saw a dramatic downturn. The smallest decline of -0.6% was in 2021.
In value terms, methanol imports reduced markedly to $647M in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of $863M, and then declined markedly in the following year.
| Import of Methanol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 404 | 258 | 479 | 378 | -2.2% |
| Canada | 117 | 69.1 | 173 | 164 | 11.9% |
| Venezuela | 42.8 | N/A | 40.2 | 70.2 | 17.9% |
| Equatorial Guinea | 99.5 | 39.4 | 92.6 | 30.0 | -32.9% |
| Russia | 20.3 | 34.0 | 5.1 | N/A | -49.9% |
| Netherlands | 20.7 | 34.8 | 14.3 | N/A | -16.9% |
| Others | 65.8 | 67.6 | 59.2 | 5.2 | -57.1% |
| Total | 770 | 503 | 863 | 647 | -5.6% |
Top Suppliers of Methanol to the United States in 2022:
- Netherlands (undefinedK tons)
- Trinidad and Tobago (829.4K tons)
- Canada (179.1K tons)
- Venezuela (171.5K tons)
- Equatorial Guinea (87.6K tons)
Methanol Exports in the United States
After two years of decline, shipments abroad of methanol (methyl alcohol) increased by 32% to 3.2M tons in 2022. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, methanol exports surged to $1.2B in 2022. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Methanol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 89.5 | 60.6 | 144 | 349 | 57.4% |
| South Korea | 491 | 229 | 362 | 296 | -15.5% |
| Spain | 32.8 | 13.8 | 20.0 | 84.8 | 37.2% |
| Belgium | 23.0 | 48.6 | 62.4 | 60.6 | 38.1% |
| Switzerland | 55.2 | 0.6 | 14.6 | 57.8 | 1.5% |
| Mexico | 24.4 | 11.5 | 38.0 | 55.3 | 31.4% |
| Canada | 18.6 | 21.6 | 28.2 | 45.7 | 34.9% |
| Taiwan (Chinese) | 37.4 | 30.4 | 71.7 | 40.7 | 2.9% |
| France | 14.3 | 8.2 | 26.1 | 33.7 | 33.1% |
| Brazil | 8.6 | 8.7 | N/A | 26.1 | 44.8% |
| Italy | 2.8 | 5.3 | 7.8 | 19.6 | 91.3% |
| Chile | 5.1 | 0.6 | N/A | 19.5 | 56.4% |
| United Kingdom | 4.0 | 16.8 | 16.5 | 19.4 | 69.3% |
| Others | 43.6 | 38.1 | 65.8 | 109 | 35.7% |
| Total | 850 | 494 | 857 | 1,216 | 12.7% |
Top Export Markets for Methanol from the United States in 2022:
- South Korea (949.5K tons)
- Netherlands (686.4K tons)
- Spain (253.1K tons)
- Belgium (180.4K tons)
- Switzerland (168.1K tons)
- Taiwan (Chinese) (131.7K tons)
- Mexico (115.2K tons)
- France (102.9K tons)
- Brazil (80.8K tons)
- Canada (65.6K tons)
- United Kingdom (60.7K tons)
- Italy (56.1K tons)
- Chile (54.0K tons)
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:
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
1049
This report provides an in-depth analysis of the methanol market in the U.S..
70
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in the U.S..
77
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in the U.S..
122
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in the U.S..
599
This report provides an in-depth analysis of the butanol market in the U.S..
341
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in the U.S..
576
This report provides an in-depth analysis of the propylene glycol market in the U.S..
429
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in the U.S..
466
This report provides an in-depth analysis of the octyl alcohol market in the U.S..
590
This report provides an in-depth analysis of the ethylene glycol market in the U.S..
2627
In June 2022, the methanol price per ton amounted to $372 per ton, stabilizing at the previous month.
545
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.
833
In August 2022, the butanol price per ton amounted to $1,293, declining by -9.3% against the previous month.
265
Exports of Octyl Alcohol dropped to a value of 8.5 million in February 2023.
452
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.
948
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.
269
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
850
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
211
Explore the top import markets for ethylene glycol based on the latest data from IndexBox. Discover key statistics and insights for countries like China, India, Turkey, and more.
1567
Increasing demand for PET packaging and urgent need for eco-friendly refrigerants to become the main drivers of the ethylene glycol market growth.
