Key Market Indicators
The country was number 4 in 2021, the United States came ahead at 1,814,900,000 Kilograms. China, Saudi Arabia and Germany respectively were numbers 1, 2 and 3 in this ranking. Exports of methanol from Japan are expected to reach 8.5 million kilograms by 2026, a decrease of 7.6% from 2021's figure of 13.3 million kilograms. Since 1993, Japanese supply has decreased by 16.1% on an annual basis. In 2021, Belarus surpassed Japan's total exports with 13.3 million kilograms, with Iran, Saudi Arabia and the United States coming in at second, third, and fourth, respectively. Imports of methanol to Japan are forecast to reach 1.8 billion kilograms in 2026, a slight increase of 0.1% from 2021's total of 1.8 billion kilograms. Since 1993, Japanese demand has risen by 2.2% on an annual basis. The United States was the leading exporter of methanol to Japan in 2021, shipping 1.8 billion kilograms. China, Saudi Arabia, and Germany ranked second, third, and fourth, respectively.