Key Market Indicators
Luxembourg's import of methanol is projected to reach 2.3 million kilograms by 2026, up 3.3% annually from 2021's 1.9 million kilograms. This follows an annual growth rate of 2.1% since 2004. Meanwhile, Luxembourg's export of methanol is forecast to decline 1.7% annually to 9.4 million kilograms by 2026, down from 10.4 million kilograms in 2021. This follows an annual decline of 1.5% since 2004. In 2021, Japan was the biggest importer, while Iran, Saudi Arabia, and the United States were the second, third, and fourth top importers, respectively.
