Key Market Indicators
The country ranked number 5 in 2021, followed by China at 563,880,000 Kilograms. India, Germany and the United States respectively came in numbers 2, 3 and 4 in this ranking. Exports of Spanish methanol are expected to decrease by 7.3% annually, dropping from 20.5 million kilograms in 2021 to 13.2 million kilograms by 2026. Since 1994, exports have fallen by 17.4% annually. In 2021, Spain ranked 28th in exports, while Italy took the lead with 20.5 million kilograms. Iran, Saudi Arabia, and the United States came in second, third, and fourth, respectively. Imports of Spanish methanol are projected to increase by 0.6% each year, reaching 584.9 million kilograms by 2026 from 563.9 million in 2021. Since 1994, imports rose by 0.7% annually. In 2021, Spain ranked fifth in imports, with China following close behind at 563.9 million kilograms. India, Germany, and the United States came in second, third, and fourth, respectively.
