Key Market Indicators
The country ranked number 37 in 2021, Australia overtook with 3,909,500 Kilograms. Iran, Saudi Arabia and the United States respectively were numbers 2, 3 and 4 in this ranking. Estonia's exports of methanol are on the rise. By 2026, the country is projected to ship 2.3 million kilograms, up from 2 million in 2021. This marks an average annual growth rate of 2.2%. Since 2005, Estonian methanol supply has increased slightly by 0.5% year-on-year. Australia was the top exporting nation in 2021, with 2 million kilograms. Iran, Saudi Arabia and the United States were ranked second, third and fourth, respectively. Meanwhile, Estonia's methanol imports are expected to decline by 2026. The country is projected to receive 1.9 million kilograms that year, compared to 3.9 million kilograms in 2021. This marks a CAGR of 11.5% since 2000. Again, Australia was the top importing nation in 2021, at 3.9 million kilograms. Iran, Saudi Arabia and the US were in second, third and fourth place, respectively.
