Methanol Market in New Zealand
In value terms, methanol production reached $ in estimated in export price. In general, production, however, showed a deep setback. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2009 to , production growth remained at a lower figure.
The revenue of the methanol market in New Zealand surged to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Methanol consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.