Key Market Indicators
Azerbaijani Methanol Export is set to reach 513 million kilograms by 2026, growing 4.5% annually on average. Since 2017, the country saw a 24.2% year-on-year increase. In 2021, Azerbaijan came in 12th place, behind Canada with 392 million kilograms. Iran, Saudi Arabia, and the United States respectively came in second, third, and fourth place. Meanwhile, Azerbaijani Methanol Import decreased 21.2% from 2020 to 875,040 kilograms in 2021. Since 2001, demand has dropped 35.1% year-on-year.
