Germany's export of methyl alcohol experienced significant fluctuation between 2013 and 2023. In 2023, the volume stood at 238.1 million kilograms. Actual data show volatile variations, with notable peaks in 2014 (+4.76% YoY) and 2021 (+18.44% YoY), and substantial decreases in 2017 (-18.2% YoY) and 2020 (-18.41% YoY). Over the last five years, from 2018 to 2023, the Compound Annual Growth Rate (CAGR) was -1.4%, indicating a declining trend in exports.
Future forecasts suggest a continued decline, with exports expected to decrease to 216.76 million kilograms by 2028. The forecasted five-year CAGR is -1.49%, showing a consistent negative growth trend.
Future trends to watch for:
- Global demand shifts for cleaner and alternative fuels which may impact methyl alcohol export volumes.
- Regulatory changes in international trade and environmental policies.
- Technological advancements in methanol production and its applications.
