The export of Methyl Alcohol from Spain has shown a significant downward trend from 2013 to 2023. Starting at 106.27 million kilograms in 2013, it dropped to 17.596 million kilograms by 2023. The year-on-year variations highlight notable fluctuations, with sharp declines in 2014 and 2015, slight recoveries in some years, and consistent drops towards the later years. The last two years saw decreases of 7.17% in 2022 and 7.57% in 2023. Over the last five years, the compound annual growth rate (CAGR) averaged -8.86%, indicating a yearly contraction.
- Watch for changes in global demand and prices of Methyl Alcohol.
- Monitor Spain's production capabilities and export policies.
- Consider geopolitical and economic factors that may impact trade.
