Table 8 - World Methanol Supply and Demand Growth
Supply &Demand/Years |
1990 |
1994 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2010 |
SUPPLY (x 1000 MTPY): |
|
|
|
|
|
|
|
|
|
|
|
|
|
Capacity Available |
23,200 |
27,400 |
34,863 |
35,091 |
36,012 |
35,182 |
35,522 |
35680 |
38617 |
40692 |
41392 |
41392 |
46222 |
Production |
18,100 |
21,946 |
26,705 |
28,033 |
29,120 |
29,065 |
29,281 |
30238 |
31093 |
31985 |
32451 |
33111 |
36953 |
Excess Capacity |
5,100 |
5,454 |
8,158 |
7,058 |
6,892 |
6,117 |
6,241 |
5442 |
7524 |
8707 |
8941 |
8281 |
9269 |
Operating Rate |
78% |
80% |
77% |
80% |
81% |
83% |
82% |
85% |
81% |
79% |
78% |
80% |
80% |
DEMAND (x1000 MTPY): |
|
|
|
|
|
|
|
|
|
|
|
|
|
Formaldehyde |
6900 |
7600 |
9712 |
10173 |
10408 |
10018 |
10463 |
10960 |
11480 |
12025 |
12596 |
13193 |
15163 |
MTBE |
3,100 |
5,500 |
7,507 |
7,696 |
8,124 |
8,266 |
7,531 |
7,506 |
7,428 |
7,197 |
6,598 |
6,207 |
6207 |
Acetic Acid |
1,400 |
1,600 |
2,331 |
2,695 |
2,840 |
2,793 |
3,027 |
3,190 |
3,361 |
3,542 |
3,733 |
3,934 |
4604 |
DMT |
568 |
578 |
584 |
584 |
579 |
588 |
588 |
590 |
590 |
603 |
618 |
632 |
680 |
MMA |
696 |
730 |
734 |
774 |
792 |
829 |
845 |
892 |
923 |
979 |
1,004 |
1,030 |
1280 |
Fuels |
700 |
746 |
776 |
854 |
888 |
830 |
844 |
859 |
867 |
896 |
946 |
988 |
1020 |
Solvents |
998 |
1,034 |
1,066 |
1,101 |
1,147 |
1,209 |
1,245 |
1,285 |
1,313 |
1,342 |
1,379 |
1,411 |
1600 |
Others |
3,738 |
4,158 |
3,995 |
4,156 |
4,342 |
4,532 |
4,738 |
4956 |
5131 |
5401 |
5577 |
5716 |
6400 |
Demand Total |
18,100 |
21,946 |
26,705 |
28,033 |
29,120 |
29,065 |
29,281 |
30238 |
31093 |
31985 |
32451 |
33111 |
36953 |
MEOH PRICES, $/MT |
146 |
300 |
110 |
120 |
126 |
200 |
220 |
240 |
210 |
180 |
150 |
190 |
200 |
Figure 7- Methanol Prices vs. Operating Rate (2003- 2010)