Key Market Indicators
In 2021, Indonesia ranked number 4 in the world, Saudi Arabia was the leader with 428,320,000 Kilograms. Indonesia's methanol exports are forecast to drop 3.6% a year on average to 229 million kilograms by 2026. This is a decrease of 5.9% since 1998. In 2021, Indonesia was the 15th largest exporter in the world, behind Egypt with 283 million kilograms. Iran, Saudi Arabia, and the United States were the second, third, and fourth largest exporters respectively. Meanwhile, Indonesian methanol imports are projected to grow 2.4% each year on average to nearly 500 million kilograms by 2026. This is a decrease of 0.4% since 1994. In 2021, Indonesia was the fourth largest importer in the world, behind Saudi Arabia with 428 million kilograms.