Methanol Prices 2025: Latest Trends, Price Index and Market Forecast

Methanol Price Trends have shown notable fluctuations throughout 2023 and 2024 in the China spot market, with consistent year-over-year (YoY) price increases. In October 2023, the price of methanol stood at 339 USD/TON, rising to 355 USD/TON in October 2024, marking a YoY change of +4.6%. This upward trend was primarily driven by steady demand and a balanced supply, despite overall market sluggishness. Similar patterns were observed in the subsequent months, with November 2023 recording a price of 339 USD/TON, which rose to 351 USD/TON in November 2024 (+3.5% YoY). By December 2023, methanol prices reached 345 USD/TON, increasing to 361 USD/TON by December 2024, reflecting a YoY rise of 4.8%.

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In terms of methanol prices, these fluctuations indicate a stable but slightly increasing pricing trend in the short term. The key factors influencing methanol price changes include global supply-demand dynamics, regional demand variations, and external market conditions, all contributing to the overall trend. The price trajectory of methanol shows some resilience, despite global challenges in the chemical sector.

Looking forward, the Expert Market Research price prediction for methanol in 2025 suggests that prices are expected to remain weak. This forecast is due to sluggish demand, steady supply, and limited support from global markets. While methanol prices are anticipated to experience some upward pressure due to regional shifts and market adjustments, the overall price environment is expected to stay relatively subdued in the coming year.

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Leading Exporting and Importing Countries in Methanol Trade

Methanol, a crucial industrial chemical, plays a significant role in the global economy, being used in the production of formaldehyde, acetic acid, and various other chemicals. The global trade in methanol is characterized by key exporting and importing countries that dominate this market.

Leading Exporting Countries

Trinidad and Tobago stands out as the largest exporter of methanol. The country is home to Methanol Holdings (Trinidad) Limited (MHTL), a key player that supplies methanol to many parts of the world. Saudi Arabia is another major exporter, leveraging its well-established chemical manufacturing sector. Saudi Arabia Basic Industries Corporation (SABIC) is a prominent supplier in the global market, contributing significantly to the country's methanol exports. The United States also plays a crucial role in the methanol export trade, providing large quantities of the chemical, particularly to the Netherlands.

Oman has emerged as an important exporter in the Middle East, with Brazil being one of its major import destinations. Oman's methanol exports are vital to meeting global demand, particularly in Latin America. Malaysia, with the presence of Petronas Chemicals Group, also contributes significantly to global methanol exports, serving markets such as South Korea. Chile, another important supplier, ships methanol to countries like Germany, further diversifying the global supply chain. Egypt, a growing exporter, sends significant quantities of methanol to Japan, a key market in Asia. Belgium, located in Europe, completes the list of major exporters, with the USA being one of its primary importers.

Leading Importing Countries

On the other side, China is the world's largest importer of methanol. The country relies heavily on imported methanol to support its rapidly growing industrial sector. India follows closely behind as a major importer, driven by the expanding chemical and petrochemical industries. The Netherlands plays a vital role as a major European hub for methanol imports, with much of its supply coming from the United States.

Brazil, with its increasing industrial demand, is another leading importer, especially from Oman and other Middle Eastern countries. South Korea imports substantial amounts of methanol for its petrochemical industry, which is one of the largest in Asia. Germany, being a key chemical producer in Europe, also imports large quantities of methanol, primarily from countries like Chile. Japan, with its significant chemical industry, is another major consumer, importing methanol from suppliers such as Egypt. The United States, while also a large exporter, imports methanol from Belgium and other global suppliers to meet its domestic demand.

Major Suppliers

Several companies dominate the supply side of the methanol market. Methanex Corporation, based in Canada, is one of the largest global suppliers of methanol, with a significant market share. Saudi Arabia Basic Industries Corporation (SABIC), based in Saudi Arabia, is another key supplier, leveraging the country's strong petrochemical industry. Methanol Holdings (Trinidad) Limited (MHTL) in Trinidad and Tobago plays a vital role in the global supply chain, as does OCI (USA), which contributes significantly to methanol exports. Other major suppliers include Ningxia Baofeng Energy Group from China, Petronas Chemicals Group from Malaysia, and NPC - Zagros & Kaveh Methanol from Iran. Celanese Corporation, based in the United States, also plays a crucial role in meeting global demand for methanol.

These companies are integral in ensuring a steady supply of methanol to importing nations, which rely on these exports to support their industrial growth and chemical production needs.

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Report Scope:

Historical Price Data and Analysis, 2021-2024
Historical Price Data - Monthly
Grade-Wise Price Fluctuation
Correlation with Feedstock Price Movement
Key Market Opportunities and Risks
Price Outlook
Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
Long-Term Price Forecast (2 years), 2025-2026
Price Influencing Factors
Supply and Demand Analysis
Global Market Supply Analysis (2021-2026)
Global Market Demand Analysis (2021-2026)
Demand-Supply Gap Analysis
Historical Dynamics (2021-2024)
Market Dynamics (Drivers and Constraints)
Top 5 Deficit Countries with Net Import
Top 5 Surplus Countries with Net Export
Cost Breakdown
Direct Cost
Indirect Costs
Tax and Regulatory Costs
Profit Margin
Latest Industry News
Recent Developments
Geopolitical Events
Insights From Government Data and Industries Bodies
Key Macroeconomic Indicators
GDP Growth
Inflation Rates
Currency Exchange Rates
Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "Methanol Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for methanol. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing methanol prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

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