The Methanol Market in Estonia has experienced fluctuations over the years, with the volume at 3.2982 Million Kilograms in 2023. After peaking in 2013, it generally trended downwards until 2018, followed by an uptick in 2019 before declining steadily again. Over the last two years, the market saw a variation of -8.19% in 2022 and -1.14% in 2023. The last 5-year CAGR was an average annual increase of 1.4%.
Future trends to watch for include:
- Emerging technologies impacting methanol production and use.
- Government policies on renewable energy and sustainable practices.
- Market demand shifts towards environmentally friendly chemicals.
How does Estonia rank in Methanol Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,179,300,000 | 2023 | +0.88% | +3.02% | View data |
| 2 | 2 United Kingdom | 843,760,000 | 2023 | -0.56% | -0.57% | View data |
| 3 | 3 Spain | 671,100,000 | 2023 | +3.14% | +1.54% | View data |
| 4 | 4 France | 586,420,000 | 2023 | +0.42% | -2.53% | View data |
| 5 | 5 Belgium | 551,610,000 | 2023 | +0.07% | -1.46% | View data |
| 9 | 9 Denmark | 54,937,000 | 2023 | +1.04% | +1.43% | View data |
| 10 | 10 Slovakia | 23,465,000 | 2023 | -4.81% | -2.25% | View data |
| 11 | 11 Estonia | 3,298,200 | 2023 | -1.14% | +1.4% | |
