Key Market Indicators
Canadian imports of Methanol are projected to decline slightly over the next five years. In 2021, it was estimated at 276 million kilograms, a slight decrease of 0.1% from the previous year. Since 1994, imports have increased by an average of 3.3% each year. At the same time, Canadian exports are expected to grow by 0.4% each year over the same period. In 2021, exports were estimated at 371 million kilograms, making Canada the 13th largest exporter of Methanol. Bahrain, Iran, Saudi Arabia, and the United States were the top four exporters, respectively. Since 1994, Canadian exports have grown by an average of 6.4% per year.