Key Market Indicators
The country was number 83 in 2021, but Malta overtook with 917,870 Kilograms. India, China and the United Kingdom respectively ranked numbers 2, 3 and 4 in this ranking. Namibian Methanol Export is forecast to hit 13,270 tonnes by 2026, up 1.1% on the 2021 figure of 12,430 tonnes. This is a decrease of 15.8% since 2007. In 2021, Namibia was ranked 71st in the world, but Tanzania overtook it with 12,430 tonnes. Iran, Saudi Arabia and the United States ranked 2nd, 3rd and 4th respectively. Meanwhile, Namibian Methanol Import is expected to reach 1.2 million tonnes by 2026, a 4.9% average annual growth rate from 917,870 tonnes in 2021. This is a 53.8% increase since 2005. In 2021, Namibia was ranked 83rd, but Malta overtook it with 917,870 tonnes. India, China and the United Kingdom ranked 2nd, 3rd and 4th respectively.